IME Group

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IME Group
TypePrivate Company
IndustryRemittance, banking, IT, automobiles, energy, travel
Founded2001
FounderChandra Prasad Dhakal & Hem Raj Dhakal
Headquarters
IME Complex, Panipokhari, Kathmandu
,
Area served
Worldwide
RevenueUS$ 100 million[1]
Divisions
  • International Money Express (IME)
  • My Mart Industries Pvt. Ltd
  • Himalayan Power Partner Private Limited
  • IME Automotives Pvt. Ltd.
  • Elite Capital Limited
  • Worldwide Investment Private Limited
  • Swift Technology
  • Rosebay
  • Mountain Energy Nepal Private Limited
  • IME Motors Pvt. Ltd.
  • Ashok LT Engineering Services Pvt. Ltd
  • IME Oxygen Private Limited
  • International Money Express
  • IME Digital
  • CM Trading Enterprises Pvt. Ltd.
  • Across Travels & Tours Private Limited
Websitewww.imegroup.com.np

IME Group or International Money Express Group is a Nepalese private company. It was established in 2001 by and Hem Raj Dhakal as remittance service. The company headquarters are in Kathmandu, Nepal.[citation needed]

Under IME group, IME Ltd. is the first Money Transfer company in Nepal which started its business from Malaysia to Nepal facilitating money transfer for migrants.[2] IME Ltd. was the highest taxpayer amongst the remittance companies in Nepal for 2018-19 Fiscal year[3] Co-founder Chandra Prasad Dhakal was awarded a prestigious 'Commercially Important Person' award by Prime Minister KP oli of Nepal for being the highest tax paying company.[4] IME Group sold its wholly owned subsidiary in Malaysia , IME (M) Sdn. BHd. Malaysia's largest MTO in 2015 to Euronet Worldwide ( a NASDAQ listed Company) for an undisclosed Sum.[5] IME Group owns the biggest Money Transfer Company in Nepal as well as the biggest Fintech IMEPay in Nepal. [6] IME Group also has a biggest Money Transfer Company in South Korea called Global Money Express Co., Ltd (GME Remittance) as a Joint Venture partnership where Hem Raj Dhakal sits on the Board of Directors. [7] GME Remittance recently entered into partnership with Ripple which sent XRP's prices increasing according to Subash Chandra Poudel ( Director & COO of Global Money Express Co., Ltd)[8]

References[]

  1. ^ http://imegroup.org/index.html
  2. ^ "Top 10 List of Money Transfer Services in Nepal on 2021".
  3. ^ "Govt felicitates 15 largest income taxpayers including Surya Nepal PVT Ltd".
  4. ^ "25 entrepreneurs honoured with 'CIP Award'".
  5. ^ "Ria Acquires Malaysian Money Transfer Provider IME - Euronet Worldwide, Inc".
  6. ^ "Financial Services – IME Group".
  7. ^ https://www.linkedin.com/in/hem-raj-dhakal-b5308a61/
  8. ^ "XRP Jumps 9% After Ripple Welcomes GME Remittance". 11 August 2021.

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