June 5, 2018: BhatBhateniOnline.com, Nepal’s popular online shopping portal, has been acquired by F1Soft International, one of Nepal’s largest IT companies and the owners of eSewa – Nepal’s first and leading online payment platform. Following the acquisition, the website will be rebranded and operated as eSewaPasal.com.
BhatBhateniOnline.com has been in operation since six years and has gained immense popularity over the past few years.
“The acquisition is based on our intent to make online shopping accessible, affordable and convenient for people living in Nepal. We have decided to operate it as eSewaPasal.com as people can instantly connect with the popular eSewa brand,” Dhakal said. “Our technical expertise shall also play a vital role in making eSewaPasal a robust and secure website,” he added.
Manish Shrestha, CEO of eSewaPasal.com, said that being associated with F1Soft presents the 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 association with F1Soft gives us the resources to maximize this opportunity. Our aim is to change the landscape of online shopping in Nepal in the next few years,” he said.
While payments for online purchases are mostly made in cash at the time of delivery, eSewaPasal said it accepts payments made through eSewa along with mobile banking and internet banking solutions of all the major banks. The portal also offers exclusive discounts for payments made through eSewa. As per Shrestha, eSewaPasal.com has also come up with a variety of attractive offers and discounts on a wide range of products. In addition, the company also offers free delivery within 24 hours of order.
Established in 2004, F1Soft International is Nepal’s leading IT company and the pioneers of mobile financial services in the country. The company said it specializes in Financial Technology and develops software solutions that aid in the digitization of transactions which is in line with the government’s current mission to encourage digital transactions. The company has over 400 employees.