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Back to stories
2 sources2h ago

LKR 3 Billion HLAB Fund Launched to Help Sri Lankan Businesses Scale

Hatch, Lankan Angel Network and BOV Capital join forces, with First Capital Holdings PLC committing LKR 300 million as anchor limited partner in a fund built on a commercial investment case. Starting a business is difficult. Building one that can grow, compete and endure is harder still. For Sri Lankan founders, the challenge doesn't end...

Ada Derana Biz•2h ago
By Biz Editor
Read full article

Summary

HLAB is a step in that direction, bringing together capital and the experience of key ecosystem players to help more businesses move forward. We plan to repeat that record, or better it, in HLAB and the funds that follow. The ambition is clear: give more Sri Lankan founders the opportunity to build businesses that last.

Summarised from Ada Derana Biz

What this story is about

People
  • Jeevan Gnanam2
  • Prajeeth Balasubramaniam
Organisations
  • First Capital Holdings PLC2
  • Lankan Angel Network2
  • BOV Capital2
  • Hatch
Places
  • Sri Lanka2
Keywords
  • businesses2
  • launched2
  • scale2
  • fund2
  • help2
  • hlab2
  • billion
  • lkr

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • Rs. 3 Bn HLAB fund launched to help Sri Lankan businesses scaleHiru News - English·3h ago
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