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Promising local AI startups stifled by ‘prototype-level’ ecosystem, warn industry experts
October 03, 2025
|Daily Mirror - Sri Lanka
Sri Lanka has world-class tech talent capable of building Al-driven startups that can compete globally, but the country's startup ecosystem remains “stuck at a prototype level; hindered by limited venture capital, outdated investment mechanisms, and weak government support, industry leaders warned.
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During a panel discussion titled ‘Scaling Al in Startups and SMEs; at the at the recent National Al Expo 2025, experts said promising startups often struggle to secure funding and are forced to relocate abroad to scale their innovations.
The panel included Heminda Jayaweera, CEO of TRACE Expert City; Indika De Zoysa, strategic advisor and national ICT policy expert; Thurupathan Vijayakumar, Al industry professional; Ravin Tharinda Piyasiri, Sri Lanka Telecom Deputy General Manager; and Ishari Siriwardane, SLT Mobitel General Manager of Digital Transformation Projects.
هذه القصة من طبعة October 03, 2025 من Daily Mirror - Sri Lanka.
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المزيد من القصص من Daily Mirror - Sri Lanka
Daily Mirror - Sri Lanka
Muted market participation with selective interest at short and long ends
The secondary government securities market remained subdued yesterday, with limited trading activity and low volumes, with some selling pressure observed at the short end of the yield curve.
1 min
October 03, 2025
Daily Mirror - Sri Lanka
Vega to develop nation’s first Al-powered autonomous car
SHIFTING GEAR FROM ELECTRIC SUPERCAR TO SELF-DRIVING TECHNOLOGY
1 mins
October 03, 2025
Daily Mirror - Sri Lanka
One month-old baby found in bag outside retired health officer's home
She said she discovered the bag around 6.00 a.m. when she opened her front door and noticed it moving, On unzipping it, she found the child inside, along with a clinic chart showing the baby had been born about a month ago
1 min
October 03, 2025
Daily Mirror - Sri Lanka
Don't jump the gun over Thajudeen's death: Mahinda Jayasinghe tells Namal
There is nothing for Namal Rajapaksa or anyone else to panic as the government will conduct proper investigations into every crime, fraud and corruption
1 min
October 03, 2025
Daily Mirror - Sri Lanka
THAI BOULEVARD UNVEILS A FRESH NEW LOOK AS IT CELEBRATES
10 Years of Authentic Thai Cuisine
1 mins
October 03, 2025
Daily Mirror - Sri Lanka
World Animal Day
Policy Proposal for the Management and Welfare of Dogs and Cats
5 mins
October 03, 2025
Daily Mirror - Sri Lanka
STEWARDSHIP AND GOVERNANCE OF RECREATIONAL TRAILS
Pekeo Trail - Social leveller committed to sustainability
6 mins
October 03, 2025
Daily Mirror - Sri Lanka
Health Ministry concerned over misleading post on LGBTQ
The Health Ministry has expressed concern over a misleading social media post that promoted the launch of an “LGBTQIA+ Sexual Wellbeing Clinic” at the National Hospital in Kandy, it is learnt.
1 min
October 03, 2025
Daily Mirror - Sri Lanka
IRANIAN FOREIGN MINISTER WRITES TO SRI LANKA SEEKING SOLIDARITY ON UN SANCTIONS
We should be careful about international norms because these norms are the result of humanity's bitter experiences after two world wars
2 mins
October 03, 2025
Daily Mirror - Sri Lanka
Bribery Commission probe: RAJAPAKSA'S FORMER SECURITY CHIEF REMANDED
Neville Wanni Arachchi, former chief security officer of ex-President Mahinda Rajapaksa, who was arrested by the Bribery Commission, was ordered to be remanded till October 17 by Colombo Chief Magistrate Asanga S Bodaragama yesterday.
3 mins
October 03, 2025
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