Top 5 Marketplace VC Funds in Sri Lanka

Last updated: Apr 2024 A list of 5 VC funds that invest in Marketplace startups based in Sri lanka. We rank investors based on the number of investments they made in Marketplace companies from Sri lanka. We update this investor list every month.

Top 5 Marketplace VC Funds in Sri Lanka

Investor	Marketplace Sri Lanka investments
BOV Capital	7
Lankan Angel Network (LAN)	4
Western Economic Diversification Canada	1
nVentures	1
Zephyr Management	1

Find investors that fund startups like yours. Automatically.

Our algorithm will find investors that invest in your industry, stage, and geography.

Investor list

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

E-Commerce, Retail, Information Technology
Seed, Series A, Funding Round
Sri Lanka, India, Switzerland

Portfolio highlights

nCinga — Solvei8 leads the way in factory digitization with holistic factory views, configurability, and real-time data. Customized Solvei8's tailored cloud solutions for diverse processes and microservice architectures.
Linear Squared — Linear Squared provides Artificial Intelligence driven, cloud-based, ready-to-use enterprise solutions for highly accurate forecasting and planning at scale
Roar Media — Unlock your content potential with Roar Media. We specialize in creating platform-specific content for global brands and agencies at scale.

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

Credit, Internet, E-Commerce
Seed
Sri Lanka

Portfolio highlights

OMAK — OMAK is an innovative IT software solution provider and developer. Their goal at OMAK is to build the kind of IT solutions that let restaurant owners focus on what matters - their customer’s experience - while their solution handles everything else. They achieve this by hiring the best talent and fostering an environment that rewards excellence,experimentation and collaboration. Their knowledge sharing’ sessions embody that. Once a month, a team member has to present an impactful idea or perspective with everyone else. This idea needs to be something that could encourage the rest of the team to re-examine how they approach their own discipline. This is what OMAK is about.
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.
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.

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

Software, Health Care, Information Technology
Debt Financing, Grant, Seed
Canada, Sri Lanka, United States

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.

NVentures is a seed fund with a specific focus on investing in B2B (business-to-business) fintech startups located in the regions of South and Southeast Asia. The fund aims to support early-stage companies within the fintech sector that are operating in business-oriented domains. By providing financial backing and potentially other resources,nVentures seeks to foster innovation and growth within the fintech ecosystem of South and Southeast Asia.

Investment focus

Software, Financial Services, Information Technology
Seed, Pre-Seed
Sri Lanka, India, Spain

Portfolio highlights

Arediana — Arediana goal is to address the shortage of information regarding women's health and supplementation at all stages of their lives.
WealthOS — WealthOS is an cloud-native, enterprise, core wealth management platform. Launch and run superior digital wealth management value propositions faster and cheaper.
MedEasy — MedEasy is the trusted and largest online pharmacy in Bangladesh. Buy all kinds of genuine medicines, healthcare products & equipment with fastest home delivery and exciting offers. Buy Now!

Since 1994, they have sponsored 22 funds with approximately $1.2 billion in committed capital which are managed from their offices in New York, London and Bangalore.With a global network of partners, Zephyr is positioned to identify sustainable secular growth changes which lead to attractive investment opportunities for their investors.While their focus is on the creation and execution of innovative investment strategies, the operating style is conservative and sustainable.Managers strictly adhere to their respective mandates and investments are selected based on rigorous fundamental research. Today, Zephyr manages investment funds in India and Sri Lanka, and they are actively researching new investment opportunities around the world.