Sri Lanka's Top Fundable Startups
Posted 10,February

By Chaveendra Dunuwille

In Local News

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Sri Lanka’s pioneering startup acceleration programme, Venture Engine has officially walked into the final phase of its tenth edition. 

The programme’s next, and final, stage is the showcasing of 10 groupings of finalists to potential investors as “Sri Lanka’s Top Fundable Startups” at the Venture Engine finale, which is scheduled to be on the 23rd of February, 2022.

Companies representing the same include one-to-one online tutoring platform Tutopiya (EdTech); peer-to-peer lender Helios (FinTech); ‘Buy Now, Pay Later’ platform, Mint Pay (FinTech); Non Fungible Token (NFT) marketplace Hyperglade (Web 3.0); SaaS-based enterprise front office visitor tracking and management software HireTrace (SaaS); plastic recycler Chakra Sutra; SaaS-based Insurance software, Surecore (SaaS); sports coaching platform Knod Corp PTE; and palm based products maker Palm2Go (Consumer) and home improvement services, like plumbing, carpentry, domestic help, etc, accessible online via Better App (Consumer).

After several weeks of extensive preparation, these finalists are now highly prepared to make their final pitches to a panel of local and international investors expected to attend the program’s Finale on February 23rd.

Venture Engine is focused on helping innovative and scalable startups solve a genuine pain point. It is founded by BOV Capital and the Indian Angel Network, and partnered by the Lankan Angel Network (LAN). The Ford Foundation is the tenth edition’s Platinum Sponsor.