The Malla Incorporate: Revolutionizing skin-care in Nepal

For the past seven years, the Malla Incorporate has been supplying modern medical equipment to hospitals in more than 25 districts across Nepal. 

It is one of the subsidiaries of Malla Group with Dharatee Meditech as its parent company, which itself has been providing medical devices and surgical instruments to health facilities in Nepal for more than two decades now. 

Sajal Malla, the founder and managing director of the Malla Incorporate, says the company was established with the objective of introducing new technology-driven medical equipment in Nepali health institutions. 

She says her time at Dharatee Meditech as well as a student in India gave her the idea to supply modern medical devices in Nepal. 

“I had many opportunities to attend medical expos and study the market for modern medical devices in India as well,” she says. “These devices were revolutionizing the Indian health sector. So I thought this success could be replicated in Nepal too.”

Before the Malla Incorporate was established in 2015, Sajal says Nepal’s health sector was lagging behind on several new technologies.

“As the Indian market is similar to Nepal, their ideas were achievable,” she says. 

In India, Sajal consulted with several experts in the field of medical technology as well as businesspeople who imported medical equipment before starting the company.

The Malla Incorporate started out small, importing simple but essential equipment for Nepal’s hospitals.  

In the early days, there were issues concerning maintenance of the products that the company was supplying.

“We started getting a lot of complaints regarding our products. So we decided to focus on importing quality products that did not require frequent maintenance,” says Sajal. 

With the focus on importing only high quality equipment, the number of complaints dropped and so did the maintenance cost. 

Dermatology equipment is in high demand of late. So the Malla Incorporation has been supplying various dermatological treatment apparatuses in recent years. Its parent company, Dharatee Meditech, handles the import of other medical equipment.  

“We are solely focused on the import of quality dermatological treatment equipment these days,” say Sajal. “Before importing any device, we go through a meticulous process of picking the right one.” 

The Malla Incorporate, besides its own research, also consults doctors and experts before importing any medical device.

Sajal has also been working in the capacity of chief operating officer at Dharatee Meditech for the past two years.

She envisions hospitals all over Nepal to have the necessary health equipment so that no one is deprived of proper treatment and diagnosis. 

“I want to see the day when no Nepali will have to travel abroad for treatment. This starts with having quality medical equipment.” she says.

Nepse drops by 14. 64 points on Friday

The Nepal Stock Exchange (NEPSE) plunged by 14. 64 points to close at 2, 048. 16 points on Friday.

Similarly, the sensitive dropped by 4. 11 points to close at 392. 25 points.

A total of 3, 045, 838 units of the shares of 229 companies were traded for Rs 8. 94 billion.

At the end of the day, the total market capitalization stood at Rs 2. 91 trillion.

Raj Shrestha appointed as President of NYEF Lalitpur Chapter

Raj Shrestha has been appointed as the President of the Nepalese Young Entrepreneurs' Forum- Lalitpur Chapter. He was the Vice President of the Chapter and a member of its Executive Committee.

The first annual general meeting held at Radisson Hotel, Lazimpat on Thursday appointed Shrestha as the President of NYEF Lalitpur Chapter.

He succeeded Aabhushan Jyoti Kansakar.

In his strategic message, Shrestha emphasized on spearheading an action-driven leadership that will place paramount importance on accelerated “growth” as the year-round goal.

The meeting was divided into two sessions, closed and open, whereby the annual financial report and the annual program report of the previous tenure was presented by Shrestha and Subin Shrestha, the newly appointed Vice President for the Chapter.

The Chapter also officially announced their Executive Board Members, who are individuals from a wide range of industries bringing in their expertise and knowledge in taking forward the mission of the chapter for this fiscal year.

Dinesh Shrestha, Executive Committee Member and Vice President of the Industry Department of FNCCI and NYEF National Governing Council President Udeep Shrestha were the chief guests of the event.

Nepse plunges by 17. 64 points on Thursday

The Nepal Stock Exchange (NEPSE) plunged by 17. 64 points to close at 2,062.80 points on Thursday.

Similarly, the sensitive index dropped by 4. 01 points to close at 396. 36 points.

A total of 4,156,104 units of the shares of 229 companies were traded for Rs 1. 47 billion.

At the end of the day, the total market capitalization stood at Rs 2. 93 trillion.