Finance


UNICEF invests $100,000 on Nepali startup “RAHAT”

UNICEF invests $100,000 on Nepali startup “RAHAT”

More than 400 startups from over 70 countries applied for the investment. eSatya(Rumsan) is one of 7 companies, handpicked by UNICEF.

Kathmandu, June 11. The United Nations Children’s Fund (UNICEF) has announced to support Nepali blockchain startup “eSatya(Rumsan)” with an equity-free investment of $100,000 and a year-long mentorship. Issuing an official release on Thursday, Rumsan said that the fund is provided to its open-source blockchain platform “Rahat”, which aims to make the aid distribution process efficient

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