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Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups – Niftron, Magicbit, Mintpay & Chakra Suthra – while also helping these companies scale and access new markets both at home and abroad. “Since August 2020, our team has evaluated over 400 startups from across […]
Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups - Niftron, Magicbit, Mintpay & Chakra Suthra - while also helping these companies scale and access new markets both at home and abroad. “Since August 2020, our
Currently evaluating 5-10 startups for investment Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups – Niftron, Magicbit, Mintpay & Chakra Suthra – while also helping these companies scale and access new markets both at home and abroad. “Since August 2020, our team has...
By Hiran H.Senewiratne CSE investor sentiment was affected yesterday by the global tensions stemming from the Russia-Ukraine crisis. Consequently, global crude oil prices reached more than US $ 100 per barrel, which would heap an additional burden on the Sri Lanka economy, stock market analysts said. The stock market was halted for 30 minutes yesterday […]
Mahindra & Mahindra with Ideal Motors introduces new Bolero City Pik-Up by Sanath Nanayakkare Marking a most important tech milestone in the Sri Lankan automotive manufacturing industry, Mahindra & Mahindra of India and Ideal Motors of Sri Lanka yesterday unveiled the new Bolero City Pik-Up, the first-ever single cab pickup assembled in Sri Lanka, with […]