LAN Archives - Lanka Business News

July 4, 2023

The Lankan Angel Network (LAN), the country’s largest network of angel investors, recently held an Investors Night, where members and other potential investors were updated on what’s happening locally, and globally, in the startup ecosystem. Held in association with LAN’s ecosystem partner Ford Foundation, the LAN Investors Night was also the setting […]

June 20, 2023

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Representatives from the country’s Board Of Investment (BOI) and Export Development Board (EDB) joined Lankan Angel Network (LAN) board members, and other dignitaries, at the recently concluded WeScale Sri Lanka “Industry Night”. Speaking at the event, Chief Guest Dr. Harsha de Silva MP noted the need for collaborative efforts between government institutions […]

March 7, 2023

The Lankan Angel Network (LAN) recently hosted a Mentor Networking Night at Colombo’s newest hotel, Courtyard by Marriott, for the Sri Lankan leg of WeScale, a USAID-led program for Women Entrepreneurs (WEs) in Bangladesh, India, Nepal and Sri Lanka. Designed to support Women Entrepreneurs in scaling their tech-focused and -enabled businesses to […]

September 5, 2022

Currently, LAN and the Angel Fund is enabling Chakra Suthra, Mintpay and Magicbit to scale both within Sri Lanka and abroad Sri Lanka’s first Angel Fund completed funding rounds for Chakra Suthra and Mintpay as of its most recent operational quarter. Further, the Fund aided a third startup, Magicbit, in growing its team and […]

September 5, 2022

SLASSCOM and the Lankan Angel Network have signed a Memorandum of Understanding (MOU) to collaborate in assisting start-ups and entrepreneurs in Sri Lanka’s tech sector to secure funding. As a result of this partnership, Sri Lanka will directly benefit in terms of an increase in the levels of demand and supply for […]

March 28, 2022

Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups – Niftron, Magicbit, Mintpay & Chakra Suthra – while also helping these companies scale and access new markets both at home and abroad. “Since August 2020, our team has evaluated over […]

December 13, 2021

Lankan Angel Network (LAN) celebrated a record 2021 in which they helped local entrepreneurs grow to reach larger markets at home and internationally, through a combination of investments and mentorship. In 2021 alone, LAN evaluated over 250 startups, with over half going on to receive detailed feedback and mentoring to help them […]

Futurist Dr. Clarence Tan and IAN President Padmaja Ruparel speak at LAN Investors Night

BOI, EDB and LAN join hands for WeScale Sri Lanka’s ‘Industry Night’

LAN hosts WeScale Sri Lanka Mentor Night

Angel Fund focused on helping its portfolio weather economic storm

SLASSCOM and LAN sign MOU to aid Sri Lankan tech entrepreneurs and start-ups in securing funding

LAN channels Rs. 150M into tech startups – Currently evaluating 5-10 startups for investment

LAN Celebrates Record Year of Supporting Entrepreneurs Through Investments, Mentorship and Knowledge Sharing