Money
BhatBhateniOnline.com acquired by F1Soft Int’l
BhatBhateniOnline.com has been acquired by F1Soft International, one of Nepal’s largest IT companies. F1Soft also owns eSewa, Nepal’s first and leading payment platform. With this latest acquisition, the company will rebrand Bhatbhatenionline.com into eSewaPasal.com.
BhatBhateniOnline.com has been acquired by F1Soft International, one of Nepal’s largest IT companies. F1Soft also owns eSewa, Nepal’s first and leading payment platform. With this latest acquisition, the company will rebrand Bhatbhatenionline.com into eSewaPasal.com.
The new website will accept payments via eSewa along with mobile banking and internet banking solutions of all major banks. Cash on delivery will also be an option. The portal aims to offer exclusive discounts for payments made via eSewa. The company promises free delivery within 24 hours of an order, reads a press release.
CEO of F1Soft International Biswas Dhakal explained the acquisition, “It is based on our intent to make online shopping more accessible, affordable and convenient for people living in Nepal. We have decided to operate it as eSewaPasal.com as people will be able to instantly connect with the popular eSewa brand.”
He added, “Our technical expertise will also play a vital role in making eSewaPasal a robust and secure website.”
F1Soft International which was established in 2004, expanded quickly to become Nepal’s leading IT company and pioneers of mobile financial services in the country. The firm specialises in financial technology and develops software solutions that aids in the digitalisation of transactions which is in line with the government’s current mission to encourage digital transactions. The company employs over 400 people. CEO of eSewaPasal.com Manish Shrestha said that being associated with F1Soft was a good opportunity to create a huge impact in the online shopping business. “The future is digital and the wave of online shopping will hit Nepal very soon. Our aim is to change the landscape of online shopping in Nepal in the next few years.”