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October 30, 2025

Nepali-led Fusemachines starts trading on Nasdaq

Fusemachines, an IT company established by Nepali entrepreneurs, has started trading on the well valued Nasdaq stock exchange in the United States of America as of 23rd October, 2025. The company is specialized in artificial intelligence. Nepali entrepreneur Dr. Sameer Maskey founded the company in 2013 has successfully initiated trading under the name Fuse following […]

Fusemachines, an IT company established by Nepali entrepreneurs, has started trading on the well valued Nasdaq stock exchange in the United States of America as of 23rd October, 2025. The company is specialized in artificial intelligence. Nepali entrepreneur Dr. Sameer Maskey founded the company in 2013 has successfully initiated trading under the name Fuse following a merger that took place two years ago.

Fuse began trading at 9:30 AM New York time with the opening of the Nasdaq Stock Exchange. The company’s stock is listed under the name Fuse. Currently, the company employs three hundred and fifty individuals, with two hundred and sixty based in Nepal. In a related development, Nasdaq announced on Wednesday that the partnership between CSLM Acquisition Company and Fusemachines Inc. has been finalized, allowing trading to begin on the Nasdaq capital market from Thursday. 

The company has described this milestone as the beginning of a new chapter in its mission to “democratize AI for everyone.” It believes that this public listing will help it address the growing global demand for AI solutions.

This marks the entry of a Nepali-founded company into the global market, creating new opportunities for investors. Dr. Samir Maskey has been appointed as the Chief Executive Officer, while Kristin Chambers will serve as Chief Financial Officer. Following the merger, the board of directors will include Samir Maskey, Bharat Kris, Tim Gocher, Sanjay Shrestha, and Salman Alam. 

Fusemachines has established offices in North America, Asia (including Nepal and the Dominican Republic), and Latin America, serving clients across healthcare, finance, retail, manufacturing, and government sectors.

As part of the listing process, the company received investment through a merger agreement. Fusemachines stated that the funds raised will be used to strengthen its balance sheet, drive product innovation, expand its customer base, and make strategic investments in sales and marketing.