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Sri Lanka emerging as Asia's next start-up and innovation hub
September 20, 2025
|Daily FT
35 global investors for Venture Engine Finale; PAYTM Founder keynote at Disrupt Asia
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SRI Lanka's rapidly growing startup ecosystem is drawing increasing regional and global attention, positioning the country as a rising innovation hub in Asia.
With a strong ICT sector, high literacy rates, and a growing pool of skilled professionals, Sri Lanka is primed to become a hotbed for technology startups and product innovation.
Key highlight this year is the arrival of over 35 global investors attending the Venture Engine Finale, alongside the Disrupt Asia conference, creating an unprecedented opportunity for Sri Lankan startups to connect with leading venture capitalists and industry experts from APAC, MENA, Europe, and the United States.
هذه القصة من طبعة September 20, 2025 من Daily FT.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Daily FT
Daily FT
Registration of Ditwah-hit businesses for Rs. 200,000 relief extended to 16 Jan.
THE Industry and Entrepreneurship Development Ministry said business registration for export, manufacturing, and other enterprises affected by Cyclone Ditwah has resumed under a second phase and will be extended until 16 January.
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January 06, 2026
Daily FT
SSC to illuminate sky during Men’s T20 World Cup 2026
SRI Lanka Cricket yesterday conducted a media tour of the SSC grounds in a bid to create public awareness about the latest development taking place at the ground, focusing on the ICC Men's T20 World Cup 2026.
1 min
January 06, 2026
Daily FT
Tourism arrivals grow by 15% to 2.36 m record high in 2025
■ Dec. delivers strongest monthly performance in history with 258,928 arrivals, up 4.2% YoY ■ India remains top source market with 531,511 visitors or 27% of total arrivals, followed by UK and Russia ■ Tourism Minister Vijitha Herath says earnings surpass $ 3.2 b despite lower per-day spending estimates ■ Targets minimum 3 m arrivals in 2026 ■ Assures roll-out of visa-free scheme in 1Q and unified national brand this year
3 mins
January 06, 2026
Daily FT
Hatch Fund Singapore makes first investment in Cultive8, a globally scaling agri-tech startup
HATCH Fund Singapore has announced the completion of its first investment backing Cultive8, a fast-growing agri-technology startup with Sri Lankan roots and a rapidly expanding regional footprint.
2 mins
January 06, 2026
Daily FT
United Southern SC lose ground after defeat
UNITED Southern SC who were pursuing leaders SSC in the Tier B 3-day league tournament lost ground when they were beaten by Negombo CC in their match concluded at the Air Force grounds, Katunayake yesterday.
1 min
January 06, 2026
Daily FT
Ceypetco revises fuel prices from midnight
THE Ceylon Petroleum Corporation (Ceypetco) has announced a revision of fuel prices with effect from last night.
1 min
January 06, 2026
Daily FT
President makes push for efficient capital spending to drive growth
Instructs Ministry Secretaries to ensure optimal utilisation of 2026 Budget allocations Hints at expenditure remaining within 13% of GDP limit, with 4% allocated for capital expenditure Notes Rs. 1.4 t allocated in 2026 Budget for capital spending, in addition to Rs. 500 b supplementary allocation for Ditwah relief
1 mins
January 06, 2026
Daily FT
CT Smith says 2025 record-breaking year for CSE fuelled by retail interest
LEADING stockbroking firm CT Smith Securities has said that the Colombo bourse closed positively in 2025, with both benchmark indices reaching record highs, primarily driven by retail interest.
1 min
January 06, 2026
Daily FT
Digital Motor Insurance Card launch tomorrow
Digital governance and public security initiative by IRCSL and insurance industry
2 mins
January 06, 2026
Daily FT
Sri Lanka-US trade talks still on: Minister
Foreign Affairs Minister Vijitha Herath says 95% of trade talks done, with negotiations still ongoing Notes Finance and Trade Ministries lead negotiations facilitated by Foreign Ministry
2 mins
January 06, 2026
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