Sastodeal

Added by the research desk · unclaimed

Sastodeal is a Kathmandu-based e-commerce marketplace founded in 2011. It ceased independent operations in early 2024 and was majority-acquired (~70%) by IME Group in July 2024, which is reviving the brand.

ConsumerUNDISCLOSEDKATHMANDU, NP
TOTAL RAISED
$1.0M
HEADCOUNT
FOUNDED
2011
RANK · CONSUMER
#1 of 4
Rounds · 1
2020
Sastodeal funding history
DateStageAmountLead / participants
2020-06UNDISCLOSED$1.0MDolma Fund Management / Dolma Impact Fund LED
Team · 1 listed
Co-founder · Sastodeal · Kathmandu
Sources · 4

Every figure on this page is compiled from public records. These are the ones it rests on.

  1. The recordTrade press
    In a landmark move, IME Group Nepal has successfully acquired SastoDeal, one of the country's leading e-commerce platforms.
    ictframe.compublished 2024-07-07read 2026-08-24
  2. The recordNational press
    Sastodeal, one of Nepal's largest homegrown e-commerce companies, has folded, with a loss of 200 jobs.
    kathmandupost.compublished 2024-04-14read 2026-08-24
  3. Undisclosed · Jun 2020National press
    Sastodeal.com, a leading local e-commerce company in Nepal has raised $1 million from Dolma Impact Fund alongside other existing shareholders as part of an ongoing fundraising round.
    kathmandupost.compublished 2020-06-17read 2026-08-24
  4. Undisclosed · Jun 2020National press
    Dolma Impact Fund invests $1 million in Sastodeal.
    thehimalayantimes.comread 2026-08-24