Adex International’s $2.4M Acquisition: A Landmark for Nepal’s Tech Industry
22nd August 2025, Kathmandu
The recent strategic acquisition of Adex International by TekBay Digital, a US-based technology firm, for USD 2.4 million, is a landmark event for Nepal’s burgeoning tech sector.
Adex International Nepal acquisition
This deal not only validates Adex’s rapid growth and innovative business model but also signals to the global market that Nepal is emerging as a significant hub for technology, innovation, and investment.
A New Chapter for a Rising Star
Founded just three years ago, Adex International quickly established itself as a dynamic player in the Nepalese tech landscape. It has built a team of over 60 skilled professionals and delivered impactful solutions, proving that Nepali firms can create sustainable and globally recognized businesses.
The phased share transfer process, as part of the Share Purchase Agreement (SPA), ensures a smooth transition, maintaining business continuity and customer trust while allowing Adex to benefit from TekBay Digital’s international expertise and networks.
This acquisition is more than just a financial transaction; it’s a testament to the visionary leadership, resilient workforce, and forward-looking strategy that define Adex International.
The company’s success is a source of inspiration for other young minds and startups in Nepal, highlighting the potential for high-value networking and real partnership opportunities.
Implications for Nepal’s Tech Ecosystem
The deal has broader, positive implications for Nepal’s tech future. It is a powerful message to the international community that Nepal is transforming from a mere consumer of technology into a hub for innovation and investment.
The fact that a US-based firm is willing to invest a substantial amount in a Nepali company could pave the way for increased foreign direct investment (FDI) and create more opportunities for the country’s skilled tech professionals.
This acquisition sets a precedent, showing that Nepali companies can successfully integrate with international corporations while retaining their innovative culture.
It promises to bring new technologies and enhance service delivery, strengthening Nepal’s presence on the global tech stage.
“Kathmandu is fast emerging as Nepal’s rising tech powerhouse, and this acquisition further validates that growth,” said Chiranjibi Adhikari, Tech Entrepreneur and CEO of One Cover Private Limited. “Deals like these create high-value networking opportunities, deliver practical insights, and open doors to real partnerships for many young minds. Adex’s achievement is a strong signal of Nepal’s potential to compete globally in the technology space.”
About Adex International
Adex is a leading Cloud Consulting company delivering end-to-end services, from consulting to managed solutions. As a trusted Multi-Cloud Solution provider, we take a customer-first approach, helping enterprises build, optimize, and maximize their cloud investments for measurable business outcomes. Our mission is to serve clients, solve challenges, and enhance human experiences through innovation. Passionate about the limitless possibilities of technology, we empower businesses to embrace the best digital opportunities. With a team of innovators and strategic problem solvers, Adex is ready to partner with you to achieve your vision and transform challenges into growth opportunities.
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