Ultimodeal to raise $2 million and launch its new platform.

KATHMANDU, July 30: Ultimodeal, a Nepalese eCommerce Start-up aiming to offer better services and quick delivery is planning to launch its new applications after completing series A funding round.

The series A funding round is led by actress Shweta Khadka, which aims to raise a capital fund of 2 million dollars. The funding round will close in December later this year. The company will use cash invested to fund its expansion throughout Nepal, focus on technology research and development and proper logistics management.