Lankan Angel Network Archives - Lanka Business News

June 12, 2023

– For 2023/2024, LAN will focus on strengthening its investor network locally and globally in order to increase cross border investments that will help accelerate its startups The Lankan Angel Network (LAN), the country’s largest network of angel investors, has elected serial investor and entrepreneur Mr. Prajeeth Balasubramaniam as the Chairperson of its board for […]

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 […]

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 […]

November 15, 2021

Sri Lankan tech startup incubator and accelerator StartupX Foundry recently launched its entrepreneurship initiative, “Vyawasayakayanta Athwelak,” a knowledge sharing platform that aims to bridge the gap in entrepreneurial knowledge pertaining to startups, particularly in underserved communities to both guide and encourage rural entrepreneurship. The program has been initiated with support from StartupX […]

Prajeeth Balasubramaniam takes the helm at LAN

LAN hosts WeScale Sri Lanka Mentor Night

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

StartupX Foundry and Lankan Angel Network Launch Knowledge Sharing Platform to Spur Entrepreneurship