Four young Nepalese graduates impressed a gathering of regional city mayors in Singapore last month with their vehicle tracking mobile application. A few months before, their app – which aimed to improve traffic management in Kathmandu City – won two national technology competitions. FutureGov speaks to Team Yorbit to find out what inspired them and how they plan to take their innovation further.
Nepal-based CloudFactory , which allows businesses and individuals to outsource web tasks to workers in emerging markets around the globe, today revealed that it has secured US$3 million in series A funding. It comes after US$700,000 in seed funding in September 2012. The series A funding is led by VRBO founder David Clouse, along with other angel investors. The money will go towards its US-based sales and marketing team.
NEW DELHI: Bullish on the multi-billion global education sector, HCL Learning today said it has forayed into international markets, including Nepal, the Middle East and Africa to offer customised content in these regions. HCL Learning, a wholly owned subsidiary of IT firm HCL Infosystems will offer K-12 content in these markets in partnership with local educational service providers and schools.