New Fund Run By Prajeeth Balasubramaniam And Google Exec. Rajan Anandan Looks To Grow Sri Lankan Startups
no category
Post image

A new Sri Lanka-focused fund was launched last month with a focus on homegrown tech startups which have the potential for regional and global growth. Blue Ocean Venture (BOV) Capital, a Sri Lanka and Singapore based VC firm announced that it plans to invest a total of US$14.89 million in Sri Lanka-based startups. BOV Capital is run by Google Southeast Asia and India VP Rajan Anandan, Lanka Angel Network (LAN) founder Prajeeth Balasubramaniam, and former LAN Chairman Eric Wikramanayake.

 

The money will be allocated across seven to ten companies, with an investment range of US$750,000 to US$1.5 million, across various sectors with consideration given to startups which demonstrate strong teams, product-market fit, and scalable ideas, which can extend beyond Sri Lanka. Learn more here.

 

 

 

 

You may also enjoy these
Kettikari
I'm Bruno, and I'm a kettikaran. Kettikaran is a Tamil masculine word used to describe a male who is successful at achieving something great; in other words, a winner (kettikari for females). For the last few months, this is what a few elders within the Sri Lankan-Tamil community have been telling me - that I’m a winner. No, I didn’t receive a scholarship to school; I didn’t score the winning goal to help my team win the league trophy; I didn’t discover a medical breakthrough. So, what did I do to be bathed with such a commemorative label? Well, I fathered a son as my first child.
Sri Lanka Declares State of Emergency After Mob Attacks Against Minority Muslims
Thamilachi Power - Join Us
On Saturday, March 3, women from across the GTA will be marching together in downtown Toronto to recognize International Women’s Day (IWD). IWD is recognized worldwide each year on March 8 to mark the victories and struggles of the women’s rights movement.

Jenani & Nav

met on myTamilDate
Join for Free Today
Madhu & Nia
met on myTamilDate
Join for Free Today
Network with TamilChangemakers
close
Stories
Videos Podcasts