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.

Kishan Nadarajah

CEO

23 past transactions

Rebuild LK

Series A in 2024
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Mintpay

Seed Round in 2022
Mintpay is an online payment platform based in Sri Lanka that enables customers to buy products and pay for them over time. Launched in 2020, Mintpay allows users to split the cost of their online purchases into three interest-free installments, with the first payment made at checkout and subsequent payments automatically charged on their due dates. This service caters to modern shoppers who prefer flexibility in their spending, promoting responsible consumerism by rewarding timely repayment. By facilitating this buy now, pay later option, Mintpay aims to enhance sales for businesses while providing customers with greater purchasing freedom.

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
Niftron is a developer of a blockchain as a service platform that allows individuals and organizations to easily integrate blockchain technology into their products and services. The platform emphasizes transparency, security, and ownership, providing users with tools for tokenization and data privacy. It features a built-in wallet that helps manage tokens and actions, and offers a creator or SDK for seamless integration with applications. By simplifying blockchain implementation, Niftron enables users to leverage the benefits of decentralization and enhance the trustworthiness of their projects.

Takas

Venture Round in 2019
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.

WILD TRAILS YALA

Angel Round in 2019
WILD TRAILS YALA tented safari camping is available. It provides the contemporary traveler with a camping experience with a little additional convenience. It provides lodging with a restaurant, a garden, and room service.

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.

Healthy Living (Pvt)

Angel Round in 2018
Healthy Living is a health & wellness platform providing healthy recipes, articles to improve awareness to support a healthy lifestyle.

OMAK

Series A in 2017
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.

Aniwa

Angel Round in 2017
Aniwa is a lifestyle content platform designed to engage Sinhala language internet users through a variety of articles and videos. The site features entertaining content, including fun articles, gossip, and political discussions, aimed at informing and captivating its audience. In addition to original content, Aniwa collaborates with advertisers to create and promote sponsored articles, working with brands such as Astra and Rexona. This approach not only supports the platform’s operations but also enhances the availability of original Sinhala content on the internet.

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.

The Lanka BPO Academy

Angel Round in 2016
Lanka BPO Academy specializes in training and coaching services tailored for the Business Process Outsourcing (BPO) industry. The academy focuses on enhancing skills in various areas, including business process outsourcing, knowledge process outsourcing, and information technology outsourcing. It serves a diverse range of sectors such as IT, business management, customer service, call centers, accounting, and investment. By providing targeted training, Lanka BPO Academy aims to equip professionals with the necessary competencies to excel in the fast-evolving outsourcing landscape.

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 provides products and services to the financial services community. The company’s initial focus was on trading and investment technology, but has over time encompassed general transaction systems, web technologies, graphics, and UI development. Its offerings include LinkLK: provides tools that assist the users with their day-to-day tasks; TicketsLK: provides online movie tickets in Sri Lanka; SportsLK: makes sports facilities available for online reservations for both sports enthusiasts and sports centers; FinanceLK: manages all savings, checking, and investment accounts in one place; AutosLK: allows automobile lovers to keep track of their vehicle maintenance records and reserve their services online; and CabsLK: offers cab-booking services online. Ridgecrest was founded in 2005 and is based in Colombo, Sri Lanka.

Let us Katha

Angel Round in 2016
Let us Katha developed ShortKast which brings together Talk-Radio & Podcasting to make real conversations happen like a personal talk show.

Glitteray

Angel Round in 2015
Glitteray is an e-commerce company based in Sri Lanka that specializes in designing and selling handcrafted jewelry. Each piece is meticulously crafted using carefully selected gemstones, reflecting the company’s commitment to quality and artistry. Glitteray’s designs are inspired by Sri Lanka's rich historical heritage as well as contemporary themes, resulting in seasonless, year-round wearable jewelry.

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.

Endemic (Pvt)

Angel Round in 2014
Endemic (Pvt) Ltd make design based products inspired by Sri Lankan designs and Sri Lankan wild life.

Extrogene Software

Angel Round in 2014
Extrogene Software develops business process automation software aimed at streamlining various business operations. The company offers mobile applications that facilitate learning English, provide local maps, and share happiness quotes, fostering user engagement through chatting and emotional sharing. Its proprietary system connects end-users with merchants across telecommunications, web, and mobile platforms, enabling businesses to enhance customer interaction and service delivery. This innovative approach allows telecommunications companies, mobile providers, and retail stores to utilize diverse applications that cater to customer needs effectively.

Trekurious

Angel Round in 2014
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.

Nithya

Angel Round in 2013
Nithya is a design collective focused on reinventing traditional crafts, particularly handlooms, and integrating them into contemporary fashion. The company aims to bridge the gap between ancient techniques and modern aesthetics, creating unique clothing and accessories for both men and women. By utilizing technology alongside traditional craftsmanship, Nithya develops innovative products such as handloom denim saris and stylish garments that incorporate classic design elements like tartan checks. This approach allows Nithya to appeal to discerning customers, including executives and creatives, while promoting the value of traditional crafts in today's market.

House of Lonali

Angel Round in 2013
House of Lonali is a Sri Lankan apparel company based in Rajagiriya, operating under the fashion brand "Lonali." The company focuses on creating unique and stylish clothing using textile waste, embodying a commitment to sustainability. By transforming unwanted textiles into original garments and lifestyle products, House of Lonali minimizes the impact of production and consumption on the environment. The company utilizes a circular approach, which includes various stages such as design, manufacturing, finishing, and packaging, to ensure eco-friendly practices throughout its operations. Additionally, House of Lonali offers consultancy services in design and sustainability, promoting a broader commitment to environmentally conscious fashion among its customers.

Takas

Seed Round in 2012
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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