KATHMANDU, May 18 -- Upaya, a tech-enabled logistics company, has announced the successful completion of its latest fundraising round, aptly named "Quarterback," raising Rs 275 million. A private event was held on May 15, 2024, in Kathmandu to mark the completion.

According to a press statement issued by the company, the "Quaterback" round, which was internally coined by the company and privately placed, is inspired from American football. This crucial funding will drive the company firmly onto the path towards profitability. Just as the quarterback's pivotal role in securing touchdowns (goals) in American football, its private investor "quarterbacks" will be instrumental in helping Upaya achieve its profitability goals.

The statement r...