Hem Raj Dhakal

In 2018, we took another leap towards expanding this vision of a globalized remittance industry with IME India Private Limited (Erstwhile IME Forex India Private Limited). IME India Private Limited is a FEMA compliant entity, focused on delivering world-class customer experience through various services ranging from Indo-Nepal money remittance to forex. Despite the growth in inward remittance through various countries, remittance from India through the formal channels was still at an early stage. Many Nepalese migrate to India every year for various occupations that include seasonal migration, a part-time job and even governmental jobs. It is essential for them to have access to a fast, secure and reliable medium to send their hard-earned money back home to their families in Nepal. Here we saw a huge opportunity to promote a legal channel of remittance flow among Nepalese, from which the motivation for IME Forex India Private Limited originated. IME being a household brand in Nepal, we envisioned IME Forex to easily stand out in the crowd serving large number of Nepalese diaspora residing in India for Indo-Nepal remittance.

Our vision then was to evolve a family business into a corporate one, now after years of building culture within the organization, our team members align with the group’s slogan Pioneering Spirit, the driving force of the team. With the ambition to empower the youth and promote social entrepreneurship, the IME Conglomerate has invested in various startups to explore the business potential of Nepal and create opportunities for youth. Our team members not only work for the company but also own it.