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...
nVentures partners DigiEcon Global Investment Summit
nVentures partnered with the inaugural DigiEcon Global Investment Summit to bring down five leading international venture capital firms to visit Sri Lanka. This initiative is part of the country’s far-reaching DigiEcon Sri Lanka 2030 economic strategy organised by Sri Lanka’s Ministry of Technology. A premier conference that serves as a...
SouthXChange: Unveiling Investment Gems in South Asia’s Startup Ecosystem
SouthXChange, an event held in Singapore, emerged as a crucial nexus to bring together investors from Southeast Asia and ecosystem players to meet a collection of the brightest startups from South Asia. South XChange was supported by Google Cloud, nVentures, Aspire, and the United States Agency for International Development (USAID)...
The Art of Building and Compounding Investor Relationships
In our relentless pursuit of backing startups, we tirelessly focus on identifying founders with the right attitude. From there, we work together to refine their strategies and make their startup successful. A less well-known facet of our approach is what truly sets us apart- our dedication to nurturing solid relationships...
Online Pharmacy Startup MedEasy Secures $750,000 In Seed Funding
The funds raised will be strategically allocated to bolster customer acquisition, refine operations, and enhance the platform's features. MedEasy, a Dhaka-based online pharmacy startup, has successfully closed a seed funding round, raising $750,000. The investment is aimed at expanding its services and bridging the healthcare gap in Bangladesh. The funding...
The Largest Tech Product Startup Exit In Sri Lanka
“Working at renowned multinationals such as Cisco, IBM and HPE equipped me with invaluable experience in effectively collaborating, adapting and catering to diverse cultures. These experiences exposed me to the intricate process of product creation, the structuring of significant B2B partnerships, and the financial and legal aspects associated with them....
Digitising SMEs to thrive in the 21st century
SimpleBooks is not just any company secretarial service; it's a dedicated partner that simplifies the process of business incorporation, compliance, and smooth operations. Over the years, they have built an impressive customer feedback loop. As a result, their unique insights about the industry and the opportunities to disrupt it were...