BOV Capital

Blue Ocean Ventures is a venture capital firm specializing in seed capital investments in startup and early stage companies. The firm prefers to make investments in internet, mobile, software, ITES, technology, travel, outsourcing services, education, fashion, retail, tourism and hospitality sectors. It primarily invests in companies based in Sri Lanka. The firm seeks to invests between Rs 2 million (USD.014 million) to Rs 200 million (USD1.34 million) per company. Blue Ocean Ventures was founded in 2014 and is based in Colombo, Sri Lanka with an additional office in Singapore.

Past deals in Sri Lanka

BusSeat.lk

Seed Round in 2015
BusSeat.lk is provides a full fledged online bus booking platform to buy and sell bus seats. The passenger can purchase bus tickets online and in return to confirm the seat reservation, a text message with the details of travel will be be sent.

OMAK

Series A in 2017
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.

OMAK

Series A in 2016
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.
InsureMe Insurance Brokers (Pvt) Ltd provides in insurance brokerage services. The company offers life and general insurance solutions to corporate and individual customers. The company was founded in 1993 and is based in Colombo, Sri Lanka.
nCinga innovations (Private) Limited develops a software-as-a-service (SaaS) based platform that enables manufacturers with smart automation real-time operational insights and predictive analytics. The company was founded in 2013 and is based in Colombo, Sri Lanka. As of December 17, 2019, nCinga innovations (Private) Limited operates as a subsidiary of Zilingo Pte Ltd.

Zigzag(Pvt) Ltd.

Series A in 2017
Zigzag(Pvt) Ltd. owns and operates an online fashion and life style retail store for women. It offers clothing, such as dresses, sarees, and plus size apparel; shoes; bags; and jewelry. The company is based in Colombo, Sri Lanka.

Zigzag(Pvt) Ltd.

Seed Round in 2015
Zigzag(Pvt) Ltd. owns and operates an online fashion and life style retail store for women. It offers clothing, such as dresses, sarees, and plus size apparel; shoes; bags; and jewelry. The company is based in Colombo, Sri Lanka.

Trekurious Pvt Ltd

Convertible Note in 2013
Trekurious designs and curates interesting dining experiences in Mumbai and Sri Lanka. After successfully piloting the delivery of curated boxed lunches by home chefs in Mumbai, Trekurious is raising money to scale up operations through a central kitchen and multiple distribution partners.

OMAK

Seed Round in 2013
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.

Linear Squared

Series A in 2018
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.
nCinga innovations (Private) Limited develops a software-as-a-service (SaaS) based platform that enables manufacturers with smart automation real-time operational insights and predictive analytics. The company was founded in 2013 and is based in Colombo, Sri Lanka. As of December 17, 2019, nCinga innovations (Private) Limited operates as a subsidiary of Zilingo Pte Ltd.

Linear Squared

Seed Round in 2016
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.

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.

Takas (Pvt) Ltd.

Seed Round in 2012
Takas.lk was established with the purpose of providing a world class online portal for ecommerce in Sri Lanka. 3 key philosophies when starting the site were: service, choice and island wide delivery. The company has successfully achieved all benchmarks set at launch and is in the process of expansion in both reach and product offering. They have identified many new points of focus through our experiences over the last one year and hope to work on getting these up and running during our second stage of growth.

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.

Simplex Delivery

Seed Round in 2016
simplex is Sri Lanka's fastest and largest last-mile logistics services provider for e-commerce businesses.

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.

Trekurious Pvt Ltd

Seed Round in 2012
Trekurious designs and curates interesting dining experiences in Mumbai and Sri Lanka. After successfully piloting the delivery of curated boxed lunches by home chefs in Mumbai, Trekurious is raising money to scale up operations through a central kitchen and multiple distribution partners.

Luciole Medical

Series A in 2018
Luciole Medical is a Swiss medical technology company developing brain oxygenation monitoring systems.