Our Story
From modest beginnings in 2001, visionary entrepreneurs Mr. Chandra Prasad Dhakal and Mr. Hem Raj Dhakal laid the foundation for a world-class organization that would transform Nepal’s business landscape.
Through their unwavering commitment and unparalleled expertise, IME Group has flourished, starting as a money transfer company and rapidly expanding into diverse sectors such as banking, insurance, trading, and hospitality. Their success story serves as a testament to the strength, resilience, and unwavering determination of the IME Group, a true force to be reckoned with in the business world.
1990s
1994
- Opened a grocery store in Chetrapati, Kathmandu
1996
- Founded Mount Pumori Air Cargo, a freight forwarding company
1998
- Established IME Travels, a tour and travel company
1998
- Launched CM Trading Enterprises, a trading subsidiary of the group
1999
- Established International Money Exchange
2000 – 2010
2001
- Established IME Remit, the country’s first MTC, licensed by the central bank of Nepal
2003
- Expanded IME Remit in the UK
2004
- Entered into financial sector and establishes IME Financial Institution Ltd.
- Developed the business into hydro sector and establishes Himalayan Power Partners
2007
- Established Global IME Bank, the largest commercial bank at its time
- Entered into ICT and establishes Swift Technology
- Expanded further in the hydel sector and establishes Mountain Energy Nepal
- Advanced into herbal sector and establishes IME Herbal
2008
- Expanded into the manufacturing sector and establishes IME Oxygen
- Entered into merchant banking through Global IME Capital
2009
- Entered into automobile trading and establishes IME Automotives
- Thriveed into the hospitality sector and establishes Chandragiri Hills, an integrated tourist destination
- Entered into portfolio investment and establishes Hathway Investment Nepal
- Establisheed IME Foundation as a CSR initiative
2010
- Entered in the infotainment sector and establishes Dish Home Media Network
2011 – 2020
2011
- Expanded IME Remit in the USA
- Entered into microfinance and establishes IME Cooperative Service
2012
- Merged IME Financial Institution into Global IME Bank
2014
- IME Remit received the CIP award from the Government of Nepal
- IME Remit received the highest taxpayer award from the government of Nepal among the remittance companies in Nepal
2015
- IME Automotives acquired the distributorship of Escorts Construction Equipment for Nepal
- Established IME Motors (formerly known as LT Enterprises) and acquires distributorship of Ashok Leyland Commercial Vehicles for Nepal
- IME (M) Sdn. Bhd. forged alliance with Ria Financial Services
- IME Remit received the highest taxpayer award for the second consecutive year from the government of Nepal among the remittance companies in Nepal
2016
- Commenced the commercial operation of Chandragiri Hills Cable Car
- IME Remit received the highest taxpayer award for the third consecutive year from the government of Nepal among the remittance companies in Nepal
- Entered into digital financing (IME Pay) and establishes IME Digital Solution
- Entered into the insurance sector and acquires NB Insurance, now known as IME GeneralInsurance
- Entered into retail chain businesses and establishes My Mart Nepal
2017
- Expanded insurance sector and establishes IME Life Insurance Company
2018
- IME Automotives acquired the distributorship of Harley Davidson Bikes for Nepal
- IME International Travels got appointed as SalamAir’s General Sales Agent for Nepal
2019
- Commenced soft operation of Chandragiri Hills Resort
2020 – Present
2021
- Commenced soft operation of Lumbini Cable Car
- Maula Kalika Cable Car was established.
- Acquired FC Chitwan and entered into the world of sports