Top 5 Hardware VC Funds & Investors in Sri Lanka (October 2026)

Portfolio highlights

• nCinga — We are a technology investment and venture builder platform. We work on ideas and businesses demonstrating to create value leveraging data affinity, and automation.
• Linear Squared — Linear Squared is specialized in data science and advanced analytics solutions in Sri Lanka and is home to the country's best resources in AI and ML and other big data technologies.
• Roar Media — Unlock your content potential with Roar Media. We specialize in creating platform-specific content for global brands and agencies at scale.

Portfolio highlights

• Mintpay — With Mintpay you can Shop Better, both online & in-store and Pay Better with features like, BNPL & Instant Cashback Rewards at 3,000+ partner brands in Sri Lanka.
• Magicbit — Magicbit provides STEM kits for kids to create 100+ innovative projects in coding, robotics, IoT & electronics with project based learning.
• Rebuild — Rebuild creates visually beautiful websites through AI automation while increasing speed, efficiency, and clever design solutions.

Portfolio highlights

• MyCaptain — MyCaptain is an online learning and teaching platform offering online courses with placements and certification programs. Upskill industry knowledge in the fields of business, marketing, design, content, and more.
• Dawaa Dost — Dawaa Dost specializes in the pharmacy retail chain of generic medicines in India. The company focuses on the availability of affordable generic medicines. Dawaa Dost was founded by Amit Choudhary and Yash Harlalka and is based in India.
• India Inc. Group — India Inc. is a media house that produces content and curates events on investment, trade, and policy matters. The company focuses on India’s increasingly globalized economic and strategic agenda. India Inc. Group's flagship publication is the ‘India Global Business’. It was founded in 2011 and is based in London, England, United Kingdom.

Portfolio highlights

• Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
• MatBook — Order cement, TMT bars, plumbing, electricals, paints, plywood and hardware from trusted brands at wholesale prices, delivered to your site.
• Lorien Finance — Lorien Finance is a cross-border FinTech platform providing affordable student loans and retail banking services to immigrants (students and temporary workers) moving to the US.

Portfolio highlights

• iHairium — We help people who suffer from hair loss & baldness with AI diagnosis of hair and skin for 10 minutes, with treatment and recommendations, with online consultations and hair care support, or with choose a clinic for hair restoration and hair trasplant
• Globalstar — Globalstar offers high quality, low-cost satellite voice and data services to commercial and recreational users from virtually anywhere in more than 120 countries around the world.Globalstar, which was established in 1991 and began commercial service in late 1999, currently offers service from virtually anywhere across over 120 countries, aswell as from most territorial waters and several mid-ocean regions. Signals from a Globalstar phone or modem are received by the company's constellation of Low Earth Orbiting (LEO) satellites and relayed to ground-based gateways, which then pass the call on to the terrestrial telephone network.
• CleanMax — Cleanmax, A leading renewable energy partner in India offering solar, rooftop & PPA solutions to help businesses meet sustainability and net-zero goals.