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Sri Lanka’s startup ecosystem scales new heights with global validation

The Island

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November 29, 2025

Ts recent GSER 2025 shows Asia is leading the global innovation shift, with cities such as Bengaluru, Tokyo, and Hong Kong climbing the ranks. Importantly, Sri Lanka is part of this wave.

Sri Lanka’s entrepreneurial landscape is undergoing a transformation, one that is being recognized globally The 2025 Global Startup Ecosystem Report (GSER), produced annually by Startup Genome, places Sri Lanka firmly on the map as a rising innovation hub in Asia.

Between July 2022 and December 2024, Sri Lanka’s startup ecosystem generated $821 million in ecosystem value, indicating a threefold increase since 2021. The country has consistently maintained a Top 5 global position for Affordable Talent, and currently ranks #4 in Asia, reflecting the ability to attract and retain high-quality technical talent at competitive costs. It also ranks in the Top 25 in Asia for Funding and Top 35 for Talent & Experience, signaling growing investor confidence and long-term sustainability.

The recognition is not accidental, as it is the result of deliberate, strategic action and Sri Lanka's startup ecosystem is expanding its global footprint.

Among the many frameworks was the recent Disrupt Asia 2025, Sri Lanka’s premier startup conference and innovation festival. The event played a crucial role in catalyzing this momentum. Held over four days in September, the event convened over 5,000 participants, including 100+ investors and 43 venture capital and accelerator networks. In addition, 90+ participants from 25 countries participated in DisuptAsia. It also showcased 50 startups, facilitated live pitching, and launched a $50 million Fund of Funds to support mission-driven entrepreneurs.

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