November 21, 2024
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4min
Prominent early-stage venture capital firm, nVentures, has announced the successful exit of its portfolio company, Kaiju Labs, which was acquired by KAST Finance. The transaction delivered a 2X multiple on invested capital (MOIC) for nVentures, coupled with a 48.6% internal rate of return (IRR). nVentures was the first investor in Kaiju Labs, which has emerged […]

August 7, 2024
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5min
Colombo, Sri Lanka, August 2024 – NDB Wealth Management Ltd – the largest private sector Asset Management company in Sri Lanka with more than Rs. 340 Billion assets under management, following their strategic collaboration with nVentures PTE Ltd in April 2024, successfully hosted an exclusive educational workshop, “Startup Investing 101.” This event aimed to demystify […]

June 17, 2024
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6min
nVentures Pte Ltd has partnered with the inaugural DigiEcon Global Investment Summit in 2024, organized by Sri Lanka’s Ministry of Technology. This initiative is part of the country’s far-reaching DigiEcon Sri Lanka 2030 economic strategy.     A Venture Capital (VC) fund licensed under the Monetary Authority of Singapore, with a startup portfolio representing Sri […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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