# Commercial Bank of Ceylon

> Commercial Bank of Ceylon is a VC fund in Colombo backing B2B and Banking. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Colombo, Sri Lanka
- Total investments: 3
- Last investment: Mar 2025
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/combanksl/
- X (Twitter): https://www.twitter.com/ComBank_LK
- Website: https://www.combank.lk/
- Facebook: https://www.facebook.com/combanksl

Commercial Bank of Ceylon is a commercial banking in financial services company.

## Contacts

5 contacts available for Commercial Bank of Ceylon. Shizune tracks 4 team members at Commercial Bank of Ceylon. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/commercial-bank-of-ceylon?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Debt Financing | $40k–$139M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 33% |
| Banking | 1 | 33% |
| Finance | 1 | 33% |
| E-Commerce | 1 | 33% |
| Financial Services | 1 | 33% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 2 | 67% |
| Post-IPO Debt | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Bangladesh | 2 | 67% |
| India | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kapila Hettihamu | Chief Risk Officer | 0 | https://shizune.co/investors/profile/kapila-hettihamu |
| Nandika Buddhipala | Chief Financial Officer | 0 | https://shizune.co/investors/profile/nandika-buddhipala |
| Sanath Mantunge | Chief Operating Officer / Executive Director | 0 | https://shizune.co/investors/profile/sanath-mantunge |
| Sivakrishnarajah Renganathan | Managing Director / Chief Executive Officer | 0 | https://shizune.co/investors/profile/sivakrishnarajah-renganathan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Satin Creditcare Network | Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna ServicesLimited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which is Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market.The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities.Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India. | $100M | Post-IPO Debt | Mar 13, 2025 |  |
| Checkbox Digital | Checkbox is a B2B reselling platform that enables micro-entrepreneurs to start and run their online stores through social channels such as Facebook and Instagram.By joining the Checkbox platform, entrepreneurs get access to thousands of top-selling products that they can resell on their online stores without purchasing the items, and earn profitwith every sale. All the operations and logistics (i.e. inventory, packing, & delivery) are taken care of by the Checkbox team so that the entrepreneur can run a business from home virtually "hands-off".Checkbox is creating self-employment opportunities for thousands of unemployed youth by enabling social commerce entrepreneurship. | $40K | Debt Financing | Dec 27, 2023 |  |
| Banglalink | Banglalink is a provider of telecommunication and internet broadband services. | $138.7M | Debt Financing | Apr 27, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Bank Asia](https://shizune.co/investors/profile/bank-asia-limited) — VC Fund, 1 deal together
- [BKash](https://shizune.co/investors/profile/bkash) — VC Fund, 1 deal together
- [DFCC Bank PLC](https://shizune.co/investors/profile/dfcc-bank-plc) — VC Fund, 1 deal together
- [Dhaka Bank Limited](https://shizune.co/investors/profile/dhaka-bank-limited) — VC Fund, 1 deal together
- [Dutch-Bangla Bank](https://shizune.co/investors/profile/dutch-bangla-bank) — VC Fund, 1 deal together
- [Habib Bank](https://shizune.co/investors/profile/habib-bank-limited) — VC Fund, 1 deal together

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## FAQ

### What does Commercial Bank of Ceylon invest in?

Commercial Bank of Ceylon invests primarily in B2B, Banking and Finance startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 3 investments tracked by Shizune back companies in Bangladesh. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Commercial Bank of Ceylon's check size?

Commercial Bank of Ceylon typically joins rounds of $40k–$139M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Commercial Bank of Ceylon participates in.

### How do I contact Commercial Bank of Ceylon?

Public channels for Commercial Bank of Ceylon include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Commercial Bank of Ceylon?

The team at Commercial Bank of Ceylon includes Kapila Hettihamu (Chief Risk Officer), Nandika Buddhipala (Chief Financial Officer) and Sanath Mantunge (Chief Operating Officer / Executive Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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