Top 5 Internet Startup Investors in Sri Lanka (June 2026)

BOV Capital is a Venture Capital Firm based in Sri Lanka and Singapore.BOV Capital was established to help Sri Lankan startups capture regional and global opportunities.BOV Capital will engage with ventures across all aspects of the business.

Investment focus

Industry: E-Commerce, Retail, Internet
Stage:Seed, Series A
Geography: Sri Lanka, India, Switzerland

Investor stats

Total investments: 20
Round size: Seed $20k–$50k; Series A $256k–$6.2M
Lead/follow: 50% lead, 50% follow
Last fund: May invest from a new fund soon — raised $15M in 2016

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.

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LAN is a group of investors who have a passion for promoting entrepreneurship. LAN comprises of individual investors, venture capitalist, and angel investors. First of its kind in Sri Lanka, LAN was officially launched with the purpose of bringing together the Sri Lankan investor and mentor community and to scale the startup ecosystem.

Investment focus

Industry: Internet, E-Commerce, Credit
Stage:Seed, Series A
Geography: Sri Lanka

Investor stats

Total investments: 5
Round size: Seed $20k–$252k; Series A $378k–$616k
Lead/follow: 0% lead, 100% follow

Portfolio highlights

OMAK — Discover advanced POS software, inventory management, & stock control systems to streamline your business. Manage sales, stock, & orders efficiently with OMAK.
Mintpay — With Mintpay you can Shop Better, both online & in-store and Pay Better with features like, BNPL & Instant Cashback Rewards at 2,500+ partner brands in Sri Lanka.
ZigZag.lk — Zigzag Online Women's Clothing Store in Sri Lanka delivering Internationally. Find the latest women's fashion online at zigzag.lk. With 100s of new styles every month from dresses, tops, tshirts, denims, pants categories. Shop Now. Look out for party wear, work wear, denim, linen outfits from the available styles.

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As Canada's regional economic development agency for Western Canada, Western Economic Diversification Canada (WD) strives to maintain Western Canada’s competitive position by investing in projects and activities that help improve productivity and competitiveness through the development, adoption and commercialization of new technologies andbusiness processes. WD also supports higher value-added production and access to international markets.Abundant natural resources, thriving technology and services sectors, and low business costs make Western Canada an attractive place to do business. Its geographic proximity to Asian markets, access to inland and sea ports, and excellent transportation services to locations throughout North America have created increased efficiencies in exporting products to international markets.Western Canada is a significant contributor to the overall Canadian economy. In 2014, Western Canada accounted for 38% of Canada’s real gross domestic product (GDP) by industry and 42% of Canada’s exported goods.1 Western Canada’s export activity is closely linked to the largest economy in the world, the United States, and increasingly to the large and growing economies of the Asia-Pacific. The United States is Western Canada’s closest trading partner accounting for roughly 77% of goods exported from Western Canada in 2014. In the same year, exports to the Asia-Pacific region accounted for roughly 15% of Western Canada’s total exports; a 24% increase over the past 5 years.2Economic growth in Western Canada is anchored by the natural resources sector, with resource-based goods accounting for approximately 68% of total exported products in 2014. This focus has been a benefit to the economy by providing the foundation for the creation of industry clusters in sectors such as mining, forestry, oil and gas and agriculture.

Investment focus

Industry: Software, Health Care, Information Technology
Stage:Debt Financing, Grant, Seed
Geography: Canada, Sri Lanka, United States

Investor stats

Total investments: 31
Round size: Grant $250k–$3M; Debt Financing $276k–$2M
Lead/follow: 65% lead, 35% follow

Portfolio highlights

Co.Labs — We work with exceptional founders & teams to navigate the path from idea to $1M in annual revenue.
Platform Calgary — Platform Calgary focuses on supporting Calgary's innovation-driven companies by providing access to space, programming, and advocacy, while also championing the vision for the new Platform Innovation Centre's design, activity, and culture. The firm is formerly known as Calgary Technologies Inc. and rebranded as Platform Calgary in 2019.
Virtual Gurus — Our virtual assistants provide superhero admin support to help busy organizations accomplish more. Find out today how our assistants in Canada and the United States can help you.

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Bernard Sinniah

Investment focus

Industry: Credit, Internet, E-Commerce
Stage:Seed
Geography: Sri Lanka

Investor stats

Total investments: 1
Lead/follow: no public data

Portfolio highlights

Mintpay — Mintpay is an online payment platform that allows customers to buy things and pay for them over time. Customers can split the cost of their online purchase into three interest-free installments and are always rewarded for their prompt repayment. They give the modern and savvy shopper the ability to buy now and pay later, allowing them to own theirshopping freedom. Mintpay was launched in 2020 and is headquartered in Sri Lanka.

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