King’s College, RBB host demo day for Othāro incubation program’s second cohort

King’s College, in collaboration with Rastriya Banijya Bank (RBB), proudly hosted the Demo Day for the second cohort of Othāro, a six-month-long incubation program, on March 29, 2024. The program, spanning six months, immersed participants in continuous learning workshops, coaching sessions, iterative business model development, gap-based mentoring, and sector-specific access to finance, networking, and investors. It aimed to equip startups with robust business models and plans to support future scaling and acceleration. The Demo Day marked the culmination of a collaborative journey for selected entrepreneurs and their ventures.

During the event, startups seized the opportunity to showcase their products through stalls and present their business models to potential investors and a distinguished judging panel. The panel comprised esteemed personalities from the entrepreneurial ecosystem, including Prashant Shrestha, CEO of Young Innovation Pvt. Ltd.; Nikita Acharya, Co-founder of UG Cakes; and Binay Devkota, President of Investment Circle.

Eight innovative startups presented their ventures, spanning diverse sectors such as fashion, technology, hospitality, and more. The participating startups were Baliyo Ventures, Coco Maya, Guilt-Free Treats, Glampout, Motorsewa, Maidaan, Tuuntaoire, and Yaki Wears.

The Demo Day commenced with a vibrant showcase of stalls featuring a range of products and services. Subsequently, each startup pitched their unique offerings to the audience and judges. Highlights included Ms. Sujana Shakya showcasing Coco Maya, a marketplace featuring stylish and comfortable Nepali dog clothes; Ms. Dipawoli introducing Baliyo Ventures’ Sarathi robot, an intuitive AI platform aimed at streamlining interactions with local ward services; Mr. Sudarshan Siwakoti presenting Motor Sewa, a platform providing expert auto repair services directly to customers’ doorsteps in Nepal; Mr. Manish unveiling Glampout, a premium luxury camping experience; Mr. Bisharad Thapa introducing Guilt-Free Treats, a venture specializing in healthy and fitness-oriented sweet treats; and finally, Ms. Radha showcasing Yaki Wear, a brand known for its comfortable printed apparel.

These startups not only sought financial investments but also expressed their need for strategic guidance, advisory support, and long-term mentorship to effectively scale their businesses.

The Demo Day concluded on a positive note, with an enthusiastic audience of over 60 individuals affirming the potential and dynamism of Nepal’s entrepreneurial ecosystem. The Othāro incubation team is now geared up to assist a new cohort of startups.

“For inquiries, please contact:
Kaushal Wagle
Incubation Officer
Email: [email protected]”