MIT GSL students works on startup ideation and app development

Thirty-five students participating in MIT Global Startup Labs (GSL) are working on leading-edge startup ideas that address the way Nepalis are served in health, education, tourism, transportation management and utilities, among others.  

The program incorporates an innovation boot camp, in which the students are learning the steps of creating a tech startup and what it takes to actually be an entrepreneur - from ideation stage to execution of technology startups.  

MIT launches Global Startup Labs in Nepal

Massachusetts Institute of Technology (MIT), USA, on Friday launched the MIT Global Startup Labs (GSL) in Nepal this summer with Kathmandu University and Ncell.  MIT GSL empowers technology entrepreneurs and helps cultivate the startup ecosystem in emerging economies. 

The MIT has been conducting the program for the last 18 years in 25 countries promoting economic development by cultivating young technology entrepreneurs, including India and Sri Lanka in South Asia. This inaugural program has been made possible by Ncell that works towards the technological advancement of the country by nurturing young entrepreneurs.

9.2 million Ncell customers carry smartphones

First quarter report of Ncell released by its main investor Malaysian company Axiata shows that people carrying smartphone is increasing sharply in Nepal and the figure reached around 9.2 million. As per the report, 56% customers of Ncell are using smartphone. Ncell has 16.4 million customers. As per the recent Q1 report, compared to smartphone penetration of 44% in the Q1 last year, the penetration rate this year has increased by 12 percentage point. Smartphone penetration in Ncell was at 52% in Q4 2017. The number of data users is also increasing significantly.

Ncell’s ‘Pahilo SIM’ for SEE appeared students

Ncell has introduced a special offer ‘Pahilo SIM’ to this year’s SEE appeared students. Under this scheme, students can subscribe Ncell prepaid SIM card at just Re. 1 loaded with exciting offers of iflix video streaming and My5 service on the first recharge. That is not all; they can also enjoy exclusively designed more affordable data packs and bonuses on every top up. Subscribers are entitled to get daily 3 hours of free video streaming between 11:00 pm to 5:00 pm of next day on iflix.