Lankan Angel Network

Lankan Angel Network, founded in 2012 and based in Colombo, Sri Lanka, is a collaborative group of individual investors, venture capitalists, and angel investors dedicated to fostering entrepreneurship. As the first of its kind in the country, LAN aims to connect the Sri Lankan investor and mentor community, thereby enhancing the startup ecosystem. The network focuses its investments primarily in sectors such as technology, healthcare, education, agriculture, tourism, engineering, retail, energy, and fintech, supporting innovative ventures that have the potential to drive economic growth and development in Sri Lanka.

Prajeeth Balasubramaniam

Founder and Board Member

Kishan Nadarajah

CEO

22 past transactions

Mintpay

Seed Round in 2022
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 their shopping freedom. Mintpay was launched in 2020 and is headquartered in Sri Lanka.

Magicbit

Pre Seed Round in 2021
Magicbit is a company that specializes in creating a compact computer aimed at teaching and practicing coding, robotics, electronics, and the fundamentals of machine learning. This innovative device can be programmed by individuals regardless of their prior programming experience, making it accessible to a broader audience. Magicbit has also developed educational content that assists users in creating applications, integrating seamlessly with mobile devices, cloud services, and various hardware components. This approach empowers customers to engage in programming and application development with ease, fostering learning and creativity in technology.

Niftron

Angel Round in 2021
Developer of a blockchain as a service platform designed to allow anyone to integrate blockchain with their products or services. The company's platform offers tokenization, trust, transparency, ownership, security, data privacy, and decentralization, enabling users to manage their tokens and actions.

Takas

Venture Round in 2019
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.

BusSeat.lk

Angel Round in 2018
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.

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.

Aniwa

Angel Round in 2017
Operator of a lifestyle content site intended to entertain, inform, and engage the Sinhala language internet user. The company's site contains fun articles, gossips and politics and they also create and promote sponsored articles for our advertisers, enabling users to uplift original Sinhala contents.

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.

Lanka BPO Academy

Angel Round in 2016
Lanka BPO Academy is the first dedicated training institution for the Business Process Outsourcing (BPO) industry in Sri Lanka. It specializes in providing training and coaching services designed to enhance the skills of individuals seeking employment in the BPO sector. By focusing on the unique needs of this industry, Lanka BPO Academy aims to equip participants with the necessary knowledge and competencies to thrive in various BPO roles, thereby contributing to the overall growth and development of the sector in the region.

Saraii Village

Angel Round in 2016
Saraii Village is an eco-tourism resort located in Weerawila, Sri Lanka, founded in 2012. It specializes in providing accommodations such as mud chalets and tree houses, designed to offer visitors an authentic and adventurous nature-based holiday. The resort is constructed using environmentally-friendly, recycled materials and local labor, aligning with sustainable practices that emphasize community support and environmental stewardship. Saraii Village aims to deliver a true representation of Sri Lankan life, encouraging travelers to engage in eco-adventures while contributing positively to the local community and the environment.

Ridgecrest

Angel Round in 2016
Ridgecrest Asia (Pvt) Ltd. provides online solutions in Sri Lanka. It offers Websites that allow users to make online reservations of tickets and sports facilities, as well as assists individuals to keep track of their vehicle maintenance records and make vehicle service reservations online. The company also enables users to make online reservations of cabs and allows corporate customers to keep a track of the cabs usage by its employees. In addition, it provides tools that assist users with their day-to-day tasks; and offers financial solutions that give corporate and individual’s net worth at a glance. The company was founded in 2005 and is based in Colombo, Sri Lanka.

Glitteray

Angel Round in 2015
Glitteray is an e-commerce business based in Sri Lanka that specializes in designing and selling jewelry. The company offers a range of unique jewelry pieces, catering to diverse customer preferences. By leveraging online platforms, Glitteray aims to reach a broad audience, providing a convenient shopping experience for consumers interested in distinctive and stylish jewelry options.

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.

Extrogene Software

Angel Round in 2014
Extrogene (Pvt) Ltd. is a software development company based in Colombo, Sri Lanka, specializing in business process automation solutions for enterprises. The company creates applications targeted at telecommunications companies, offering mobile software for various purposes, including English language learning, local map navigation, and sharing motivational content. In addition to its software development, Extrogene provides web design and development services, research and development, and IT consultancy. By focusing on enhancing customer engagement, Extrogene's offerings enable telecommunication companies and other businesses to improve their service delivery and connect more effectively with their users.

Trekurious

Angel Round in 2014
Trekurious Pvt Ltd. is an online marketplace that specializes in booking premium experiences and activities in Sri Lanka and Mumbai. Founded in 2012 and headquartered in Colombo, Sri Lanka, the company offers curated dining experiences and has successfully piloted the delivery of boxed lunches prepared by home chefs in Mumbai. With a focus on enhancing travel and lifestyle services, Trekurious aims to scale its operations by establishing a central kitchen and partnering with multiple distribution channels.

Nithya

Angel Round in 2013
Designer of clothing and handlooms intended to reinvent the ancient craft of handlooms and introduce it to newer markets. The company leverages technology to design clothing and accessories for men and women with textiles, providing customers with unique designs by combining new age technology and ancient craft of handlooms.

House of Lonali

Angel Round in 2013
House of Lonali produces apparels under the fashion brand "Lonali". The company is based in Rajagiriya, Sri Lanka.

Takas

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.
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