Fuse Machines Inc., a company backed by Nepali entrepreneurs, has officially been listed on the National Association of Securities Dealers Automated Quotations (Nasdaq), one of the world’s most prestigious stock exchanges. Trading of the company’s shares began on October 23, marking a historic milestone as the first Nepali entrepreneur-backed company to be listed on Nasdaq.
Headquartered in New York, Fuse Machines counts among its key investors Sameer Maske, Anis Joshi, Prag Shrestha, and several international stakeholders. The company currently employs around 400 professionals.
“This is a moment of historic pride for us,” said Dr. Sameer Maske, CEO and founder of Fuse Machines. “From a small mission-driven team to a publicly listed company on Nasdaq, this milestone reflects our unwavering commitment to innovation and execution. This listing marks the beginning of a new chapter focused on disciplined growth, strategic investment, and sustainable value creation for our shareholders.”
The proceeds from the listing will be used to strengthen Fuse Machines’ balance sheet and accelerate its next phase of growth. The company plans to make strategic investments in product innovation, customer expansion, and targeted sales and marketing initiatives. These initiatives aim to increase recurring revenue opportunities, expand margins, and deliver long-term value to shareholders.
Additionally, Fuse Machines intends to explore strategic partnerships and selective mergers and acquisitions to accelerate market expansion, broaden its technology portfolio, and enhance its competitive position.
Fuse Machines’ Nasdaq debut underscores its commitment to building the future where AI innovation is globally accessible, global talent gaps are bridged, and institutions thrive in the era of intelligent automation.
Founded in 2013, Fuse Machines is a global provider of enterprise AI products and services dedicated to democratizing AI. The company serves organizations across industries such as healthcare, finance, retail, manufacturing, and government.