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David Pieris Group distributes seed capital to promising Northern startups
Daily FT
|July 22, 2025
IN a milestone celebration of innovation, entrepreneurship and regional empowerment, the David Pieris Group awarded over Rs. 20 million in seed funding to selected young entrepreneurs at the Thalir Seed Funding Award Ceremony 2025, held at the North Gate Hotel in Jaffna.
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This event marked the next phase of the Group's visionary 'Thalir' initiative, launched just a few months ago to uplift aspiring entrepreneurs in Sri Lanka's Northern Region under the Northern Development Program of David Pieris Group.
Meaning "sprout" in Tamil, Thalir reflects the spirit of growth and fresh beginnings—an apt symbol for the energy and ambition of the young business minds now poised to make their mark. Designed to provide both capital and mentorship, the program aims to support scalable business ventures across key sectors including automotive, logistics, information technology, agriculture, tourism and exports.
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