May 8, 2024
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5min
COLOMBO, May 7, 2024: Uber, the global ride hailing and food and grocery delivery platform, today hosted “Uber Springboard” – an initiative to encourage Sri Lankan start-ups to strengthen the country’s entrepreneurial ecosystem. With support from the Ministry of Technology, Government of Sri Lanka, Uber has selected 3 start-ups from a tech start-up competition that […]

July 3, 2017
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9min
I’ve advised over 700 early-stage startups in one-to-one free advisory sessions in the last six years, and one issue that always crops up is founder shares. Many times, all founders have equal shares in the company and are all part of the board, regardless of their role. This really irks me. Our firm, TRi5 Ventures, often deals […]

April 7, 2017
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6min
PickMe; Sri Lanka’s home grown technology based taxi hailing service is well into its second successful year of operations.  Whilst they have expanded their network and introduced more user friendly features to their app, their success story lies not just in their daily increasing fleet but their young and dynamic staff.  PickMe is the ideal […]

March 24, 2017
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4min
– Fund focuses on making early-stage investments in software startups to expand the SAP ecosystem – SAP.iO launches new global foundries in San Francisco and Berlin to support and accelerate early-stage startup incubation – SAP.iO makes first seed investment in Paradata, a Silicon Valley–based Big Data analytics startup WALLDORF, Germany — March 24, 2017 — […]

March 13, 2017
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5min
Supporting a ‘Sharing Economy’ PickMe, Sri Lanka’s first mobile taxi hailing Company says that an efficient cab service can prove to be a great asset in terms of cost as well as time management for users.  Gone are the days when the option of owning a vehicle could be considered as a value asset.  In […]

February 8, 2017
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8min
– Pay for your PickMe ride by Visa or MasterCard credit card and debit card – Special discounted rates for HNB Visa and MasterCard Credit Cards Your next ride in a PickMe could be cashless. Sri Lanka’s most popular mobile app for transportation has picked the country’s largest private sector bank, HNB as their payment […]

November 15, 2016
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4min
With over 1,630,000 pageviews and 625,000 unique users per month, Aniwa.lk is growing explosively by creating engaging Sinhala content and viral content marketing campaigns. Since launching in January 2016, Aniwa.lk has made an indelible mark in Sri Lanka’s online space. Aniwa.lk differentiates itself by steering away from the all too common Sinhala gossip website brimming […]

October 5, 2016
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3min
Regus Sri Lanka, the flexible workspace solutions provider, recently conducted a community event that focused on the Small to Medium Sized Enterprises (SME’s) in Sri Lanka. The event, held under the theme “Understanding the Local Tax Law for SME’s”, was conducted at the Regus Business Centre located at the World Trade Centre in Colombo 01, […]


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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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