Rajan Anandan

Partner

Prajeeth Balasubramaniam

Founding General Partner and Managing Director

21 past transactions

Agrithmics

Venture Round in 2020
Agrithmics is a fintech and process automation company that provides cloud-based solutions aimed at enhancing efficiency for farmers and factories. Its platform connects small-hold farmers directly with agri-buyers, facilitating a streamlined supply chain ecosystem. By eliminating intermediaries, Agrithmics helps reduce pilferage, while also improving cash and credit access for farmers. Additionally, the company offers the agrix payment system, which further supports industries in meeting the specific needs of suppliers, workforces, and communities.

nCinga Innovations

Series A in 2019
nCinga Innovations provides an integrated digital ecosystem designed to enhance decision-making for businesses in the apparel, manufacturing, and telecommunications sectors. Central to its offerings is the nCinga Spark platform, which delivers real-time analytics, customizable leaderboards, and fast data insights. This platform enables companies to utilize data visualization, automatic data collection, and manage distributed sensors and devices effectively. In addition to its technological solutions, nCinga also offers services in deal structuring, consulting, financing, and product distribution, catering specifically to the needs of its diverse clientele. The firm has been acquired by Buyogo, further expanding its capabilities and reach in the industry.

Linear Squared

Series A in 2018
Linear Squared is specialized in data science and advanced analytics solutions in Sri Lanka and is home to the country's best resources in AI and ML and other big data technologies.

Roar Media

Series A in 2018
Roar Media is a digital platform producing original journalism and informative content for a South Asian audience. We currently publish in English, Sinhalese, Tamil and Bengali, creating content that informs, inspires and entertains. We break complex issues down through our articles, videos, interviews and photo essays — creating an intellectual smorgasbord for our readers.

Luciole Medical

Series A in 2018
Luciole Medical AG is a Swiss medical technology company that specializes in the design and manufacture of brain oxygenation monitoring systems. Founded in 2017 and based in Zurich, the company has developed a platform that accurately measures the levels of oxygenated and deoxygenated hemoglobin, as well as cerebral blood flow and other critical parameters. Its product lineup includes RheoPatch, a non-invasive sensor applied to the skin to assess oxygen metabolism and blood flow; RheoSens, an implantable probe that measures various cerebral metrics; RheoLity, which offers software for data display, analysis, and patient management; and RheoControl, which connects to medical monitors for data visualization. Luciole Medical's systems enable healthcare professionals to monitor cerebral oxygenation effectively, providing crucial insights into the patient's brain health.

MyDoctor

Series A in 2018
MyDoctor is a digital health solution company that provides medical services using technology.

InsureMe Insurance Brokers

Series A in 2018
InsureMe Insurance Brokers (Pvt) Ltd, established in 1993 and headquartered in Colombo, Sri Lanka, specializes in providing a range of insurance brokerage services. The company caters to both corporate and individual customers, offering solutions that include life insurance, motor vehicle insurance (both full and third-party), travel insurance, per-day motor vehicle insurance, and global health insurance. InsureMe operates within the insurance and banking sectors, aiming to enhance customer interaction and convenience while saving valuable time for its clients.

Roar Media

Seed Round in 2018
Roar Media is a digital platform producing original journalism and informative content for a South Asian audience. We currently publish in English, Sinhalese, Tamil and Bengali, creating content that informs, inspires and entertains. We break complex issues down through our articles, videos, interviews and photo essays — creating an intellectual smorgasbord for our readers.

99RetailStreet

Seed Round in 2018
99RetailStreet is a common commerce platform on cloud targeted at the large unorganized retail segment comprising of “Kiranas/ Kades”, Pharmacies and other consumer facing retail businesses in developing markets. It is built to enhance the retailers’ business through faster Sales Growth, better Financial Capabilities and improved Efficiency across the value chain.

OMAK

Series A in 2017
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.

ZigZag.lk

Series A in 2017
ZigZag.lk is an online fashion marketplace which brings you unique and elegant designs to add a touch of glamour to your everyday life.

OMAK

Series A in 2016
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.

Simplex Delivery

Seed Round in 2016
Simplex Delivery is providing delivery fulfilment and logistics solutions for online shopping stores, other e-commerce solution providers.

Linear Squared

Seed Round in 2016
Linear Squared is specialized in data science and advanced analytics solutions in Sri Lanka and is home to the country's best resources in AI and ML and other big data technologies.

BusSeat.lk

Seed Round in 2015
BusSeat.lk is provides a full fledged online bus booking platform to buy and sell bus seats. The passenger can purchase bus tickets online and in return to confirm the seat reservation, a text message with the details of travel will be be sent.

ZigZag.lk

Seed Round in 2015
ZigZag.lk is an online fashion marketplace which brings you unique and elegant designs to add a touch of glamour to your everyday life.

nCinga Innovations

Seed Round in 2014
nCinga Innovations provides an integrated digital ecosystem designed to enhance decision-making for businesses in the apparel, manufacturing, and telecommunications sectors. Central to its offerings is the nCinga Spark platform, which delivers real-time analytics, customizable leaderboards, and fast data insights. This platform enables companies to utilize data visualization, automatic data collection, and manage distributed sensors and devices effectively. In addition to its technological solutions, nCinga also offers services in deal structuring, consulting, financing, and product distribution, catering specifically to the needs of its diverse clientele. The firm has been acquired by Buyogo, further expanding its capabilities and reach in the industry.

Trekurious

Convertible Note in 2013
Trekurious specializes in designing and curating unique dining experiences in Mumbai and Sri Lanka. The company initially gained traction by successfully delivering curated boxed lunches prepared by home chefs in Mumbai. With plans to expand its offerings, Trekurious is seeking funding to enhance its operations by establishing a central kitchen and collaborating with multiple distribution partners. In addition to its culinary services, Trekurious also provides premium travel and lifestyle services, further enriching the experiences it offers to customers.

OMAK

Seed Round in 2013
OMAK is a technology company that specializes in providing cloud-based management solutions for the restaurant industry. Its platform is designed to enhance the dining experience for both restaurant owners and patrons by offering a comprehensive suite of services such as online ordering, inventory management, and customer relationship management. OMAK also tailors its services to meet the specific needs of each client, enabling restaurants to streamline operations and cultivate stronger customer relationships. The company emphasizes a collaborative work culture, encouraging employees to share innovative ideas through monthly knowledge-sharing sessions that foster excellence and experimentation in their approach to IT solutions.

Trekurious

Seed Round in 2012
Trekurious specializes in designing and curating unique dining experiences in Mumbai and Sri Lanka. The company initially gained traction by successfully delivering curated boxed lunches prepared by home chefs in Mumbai. With plans to expand its offerings, Trekurious is seeking funding to enhance its operations by establishing a central kitchen and collaborating with multiple distribution partners. In addition to its culinary services, Trekurious also provides premium travel and lifestyle services, further enriching the experiences it offers to customers.

Takas

Seed Round in 2012
Takas.lk was established with the purpose of providing a world class online portal for ecommerce in Sri Lanka. 3 key philosophies when starting the site were: service, choice and island wide delivery. The company has successfully achieved all benchmarks set at launch and is in the process of expansion in both reach and product offering. They have identified many new points of focus through our experiences over the last one year and hope to work on getting these up and running during our second stage of growth.
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