Most Awaited Entrepreneurship program Venture Engine kicks off
In 2017, Venture Engine witnessed some of the most promising local startups in the history of the program, with participation from regional & global investors opening huge opportunities for entrepreneurs to network and connect with international investors, entrepreneurs and mentors, with startups like Roar Media (2017s’ winner), Insureme.lk, Igniter Space and India’s Pregbuddy going on to secure funding and support to further accelerate their ventures.
To date, the Venture Engine program has showcased some of Sri Lanka’s top fundable startups including Simplex Delivery, Takas.lk, ZigZag.lk Direct2Door, Plushbox, Quebee Den, OMAK Technologies, Saraii Village, Extrogene, House of Lonali, Glitteray, IntelloCut, and 24-7 Techies.
Last year’s Venture Engine was held in conjunction with the Asian Business Angel Forum (ABAF), Asia’s largest annual Angel investor gathering. Through this collaboration, it also acted as an unprecedented conduit for Sri Lankan entrepreneurs to gain access to a broader network of investors, expertise and mentors from some of the Asia’s most prominent investors via the ABAF platform.
The main organizer of Venture Engine, the Lankan Angel Network is Sri Lanka’s pioneering Business Angel Network. It has collectively invested over Rs. 2.2 billion in 30 + startups. Venture Engine was founded by BOV Capital and the Indian Angel Network.