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nVentures emerges as Sri Lanka's first MAS-licenced foreign VC
Daily FT
|August 01, 2025
Invests over $ 1.5 m in Sri Lankan startups
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IN a major milestone for Sri Lanka’s startup ecosystem, nVentures has emerged as the country’s first foreign venture capital firm to be licenced by Singapore’s Monetary Authority (MAS) and actively invests in local startups.
In just three years, the firm has backed six Sri Lankan ventures, delivered a portfolio exit, and, together with its regional investor community, channelled over $ 1.5 million into Sri Lankan startups through capital and commercial partnerships. This includes investments in MintPay, Nanosoft, SimpleBooks, Shopbook, Dossiers, Kaiju Labs, and WealthOS, a UK fintech with its entire engineering team based in Sri Lanka.
Cette histoire est tirée de l'édition August 01, 2025 de Daily FT.
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