Agrithmics
Venture Round in 2020
Agrithmics is a fintech and process automation company that provides cloud-based solutions aimed at enhancing efficiency for farmers and factories. Its platform connects small-hold farmers directly with agri-buyers, facilitating a streamlined supply chain ecosystem. By eliminating intermediaries, Agrithmics helps reduce pilferage, while also improving cash and credit access for farmers. Additionally, the company offers the agrix payment system, which further supports industries in meeting the specific needs of suppliers, workforces, and communities.
nCinga Innovations
Series A in 2019
nCinga Innovations provides an integrated digital ecosystem designed to enhance decision-making for businesses in the apparel, manufacturing, and telecommunications sectors. Central to its offerings is the nCinga Spark platform, which delivers real-time analytics, customizable leaderboards, and fast data insights. This platform enables companies to utilize data visualization, automatic data collection, and manage distributed sensors and devices effectively. In addition to its technological solutions, nCinga also offers services in deal structuring, consulting, financing, and product distribution, catering specifically to the needs of its diverse clientele. The firm has been acquired by Buyogo, further expanding its capabilities and reach in the industry.
Linear Squared
Series A in 2018
Linear Squared is a data science and advanced analytics company based in Sri Lanka, recognized for its expertise in artificial intelligence and machine learning. The firm develops software-as-a-service (SaaS) products that support data-driven decision-making for commercial enterprises. Its product lineup includes Capacity Squared, Forecast Squared, ARPU Squared, and Retention Squared, specifically designed for the fast-moving consumer goods (FMCG) and manufacturing sectors. These tools assist clients in managing inventory and scheduling production processes, ensuring optimal stock levels and enhancing the accuracy and consistency of manufacturing inputs. Through its innovative solutions, Linear Squared aims to empower businesses to make informed strategic decisions and improve operational efficiency.
Roar Media
Series A in 2018
Roar Media is a digital platform producing original journalism and informative content for a South Asian audience. We currently publish in English, Sinhalese, Tamil and Bengali, creating content that informs, inspires and entertains. We break complex issues down through our articles, videos, interviews and photo essays — creating an intellectual smorgasbord for our readers.
Luciole Medical
Series A in 2018
Luciole Medical AG is a Swiss medical technology company that specializes in the design and manufacture of brain oxygenation monitoring systems. Founded in 2017 and based in Zurich, the company has developed a platform that accurately measures the levels of oxygenated and deoxygenated hemoglobin, as well as cerebral blood flow and other critical parameters. Its product lineup includes RheoPatch, a non-invasive sensor applied to the skin to assess oxygen metabolism and blood flow; RheoSens, an implantable probe that measures various cerebral metrics; RheoLity, which offers software for data display, analysis, and patient management; and RheoControl, which connects to medical monitors for data visualization. Luciole Medical's systems enable healthcare professionals to monitor cerebral oxygenation effectively, providing crucial insights into the patient's brain health.
MyDoctor is a digital health solution company that provides medical services using technology.
InsureMe Insurance Brokers
Series A in 2018
InsureMe Insurance Brokers (Pvt) Ltd, established in 1993 and headquartered in Colombo, Sri Lanka, specializes in providing a range of insurance brokerage services. The company caters to both corporate and individual customers, offering solutions that include life insurance, motor vehicle insurance (both full and third-party), travel insurance, per-day motor vehicle insurance, and global health insurance. InsureMe operates within the insurance and banking sectors, aiming to enhance customer interaction and convenience while saving valuable time for its clients.
Roar Media
Seed Round in 2018
Roar Media is a digital platform producing original journalism and informative content for a South Asian audience. We currently publish in English, Sinhalese, Tamil and Bengali, creating content that informs, inspires and entertains. We break complex issues down through our articles, videos, interviews and photo essays — creating an intellectual smorgasbord for our readers.
99RetailStreet
Seed Round in 2018
99RetailStreet is a common commerce platform on cloud targeted at the large unorganized retail segment comprising of “Kiranas/ Kades”, Pharmacies and other consumer facing retail businesses in developing markets. It is built to enhance the retailers’ business through faster Sales Growth, better Financial Capabilities and improved Efficiency across the value chain.
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.
ZigZag.lk
Series A in 2017
ZigZag.lk is an online fashion and lifestyle retail store based in Colombo, Sri Lanka, specializing in women's apparel. The platform offers a diverse range of products, including dresses, sarees, plus-size clothing, shoes, bags, and jewelry. ZigZag.lk curates collections from both local and international designers, ensuring customers have access to unique and elegant designs that reflect the latest fashion trends. By focusing on quality and style, the company aims to enhance the everyday wardrobe of its clientele, allowing them to shop for garments that cater to their individual tastes and fashion demands.
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.
Linear Squared
Seed Round in 2016
Linear Squared is a data science and advanced analytics company based in Sri Lanka, recognized for its expertise in artificial intelligence and machine learning. The firm develops software-as-a-service (SaaS) products that support data-driven decision-making for commercial enterprises. Its product lineup includes Capacity Squared, Forecast Squared, ARPU Squared, and Retention Squared, specifically designed for the fast-moving consumer goods (FMCG) and manufacturing sectors. These tools assist clients in managing inventory and scheduling production processes, ensuring optimal stock levels and enhancing the accuracy and consistency of manufacturing inputs. Through its innovative solutions, Linear Squared aims to empower businesses to make informed strategic decisions and improve operational efficiency.
Simplex Delivery
Seed Round in 2016
Simplex Delivery is the largest and fastest last-mile logistics service provider in Sri Lanka, specializing in e-commerce shipments. The company focuses on ensuring next-day delivery across the island, making it possible for customers to receive their products even in the most remote locations. By streamlining the delivery process, Simplex aims to enhance the efficiency of e-commerce operations, ensuring timely and reliable service for businesses and their customers.
BusSeat.lk
Seed Round in 2015
BusSeat.lk is an online bus booking platform that facilitates the purchase and sale of bus seats. Passengers can conveniently buy bus tickets online, receiving a confirmation of their seat reservation via text message, which includes essential travel details. The platform caters to long-distance travel and incorporates a live location tracking feature, enhancing the overall booking experience. By streamlining the process of securing bus tickets, BusSeat.lk aims to provide a user-friendly and efficient service for travelers.
ZigZag.lk
Seed Round in 2015
ZigZag.lk is an online fashion and lifestyle retail store based in Colombo, Sri Lanka, specializing in women's apparel. The platform offers a diverse range of products, including dresses, sarees, plus-size clothing, shoes, bags, and jewelry. ZigZag.lk curates collections from both local and international designers, ensuring customers have access to unique and elegant designs that reflect the latest fashion trends. By focusing on quality and style, the company aims to enhance the everyday wardrobe of its clientele, allowing them to shop for garments that cater to their individual tastes and fashion demands.
nCinga Innovations
Seed Round in 2014
nCinga Innovations provides an integrated digital ecosystem designed to enhance decision-making for businesses in the apparel, manufacturing, and telecommunications sectors. Central to its offerings is the nCinga Spark platform, which delivers real-time analytics, customizable leaderboards, and fast data insights. This platform enables companies to utilize data visualization, automatic data collection, and manage distributed sensors and devices effectively. In addition to its technological solutions, nCinga also offers services in deal structuring, consulting, financing, and product distribution, catering specifically to the needs of its diverse clientele. The firm has been acquired by Buyogo, further expanding its capabilities and reach in the industry.
Trekurious
Convertible Note in 2013
Trekurious specializes in designing and curating unique dining experiences in Mumbai and Sri Lanka. The company initially gained traction by successfully delivering curated boxed lunches prepared by home chefs in Mumbai. With plans to expand its offerings, Trekurious is seeking funding to enhance its operations by establishing a central kitchen and collaborating with multiple distribution partners. In addition to its culinary services, Trekurious also provides premium travel and lifestyle services, further enriching the experiences it offers to customers.
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.
Trekurious
Seed Round in 2012
Trekurious specializes in designing and curating unique dining experiences in Mumbai and Sri Lanka. The company initially gained traction by successfully delivering curated boxed lunches prepared by home chefs in Mumbai. With plans to expand its offerings, Trekurious is seeking funding to enhance its operations by establishing a central kitchen and collaborating with multiple distribution partners. In addition to its culinary services, Trekurious also provides premium travel and lifestyle services, further enriching the experiences it offers to customers.
Takas (Pvt) Ltd. is an e-commerce platform based in Colombo, Sri Lanka, specializing in the retail of consumer electronics and a diverse array of products. Established in 2012, the company offers a wide selection of electronics, including mobile phones, laptops, cameras, audio systems, and various accessories. Beyond electronics, Takas provides home and garden items, beauty and health products, clothing and footwear, baby products, automotive supplies, and stationery, among others. The company aims to deliver exceptional service and extensive product choices to customers across Sri Lanka, with a commitment to island-wide delivery. As a subsidiary of Ideal Group (Pvt.) Ltd., Takas is focused on expanding its reach and enhancing its product offerings to meet the evolving needs of its customers.
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