7th Venture Engine finale hosts over 40 international investors

Venture Engine’s positive impact on Sri Lanka continues with more than 40
international investors participating at this year’s finale, with delegates in
attendance from over 10 countries including India, Singapore, Hong Kong, UAE, USA,
Canada and Australia.

Rohit Sipahimalani, Joint Head of the Investment Group and the Portfolio
Strategy and Risk Group at Temasek International, asks a finalist a question
during the judging process.

It is also noteworthy that many delegates flew down specifically to assess the
entrepreneurial talent highlighted at Venture Engine. Painstakingly filtered down
over 12 intensive weeks of workshops and workshops, the 7th Venture Engine
recently showcased its finalists TravelSpends, Kimbula Kithul, Porukki, LiveRoom,
Loop Learning, Project 360, Niwadu Deals, Real Pixels (Avina), Tripmo, Strive.lk and
SparkGrid, providing these innovative start-ups with unprecedented access to top
international investors.

Jan Metzger, Managing Director, Head – Asia Pacific Banking, Capital Markets
and Advisory at Citibank, moderates a panel discussion on Software-as-a-Service

Notable attendees at 2019′ s Venture Engine included Rohit Sipahimalani, Joint Head
of the Investment Group and the Portfolio Strategy and Risk Group at Temasek
International; Prashanth Prakash, Partner at Accel; Jan Metzger, Managing Director,
Head – Asia Pacific Banking, Capital Markets and Advisory at Citibank; Dirk Van
Quaquebeke, Founding Managing Director at beenext; Gopal Srinivasan, Managing
Director of TVS Capital Funds; Melissa Nguyen, Country Head for Vietnam at Google;
Lathika Pai, Country Head, Microsoft for Startups, SAARC and MENA, Microsoft;
Tushar Singhvi, Principal – Investments at Crescent Group (UAE); Anil Joshi, Managing
Partner at Unicorn India Ventures; John Winthrop Fitzpatrick, Head of Startup
Ecosystem for Google Cloud Asia Pacific at Google; Jeffrey Chun Lok Yam, Principal at
Integrated Capital; and Amena Arif, Country Manager for Sri Lanka and Maldives at
World Bank’s IFC.

Representatives from the following organizations also attended Venture Engine: Sri
Kumaraguru Mill, The Brenta Group LLC, Signet Chemical Corporation, Dextrus,
Vikatan Group, Singapore Angel Network, Jewelex India, AARK TechAccess, Sayi
Consulting, Tradex LLC, KIBAR, Morph Ventures, Investopad/Good Capital, Sugee
Developers Group, GIH, AdvantEdge Founders Fund, IAN Fund, IntrinsicID, CT Corp,
Chapter 1 Ventures, Pomona, Coyne Properties LLC and Striders Corporation.
At the same time, members of this influential community were also given the
opportunity to experience first-hand the rapid development taking place in the

Prashanth Prakash, Partner at Accel, moderates a panel on “Consumer Internet
and B2C” that features the heads of ikman.lk, Zigzag.lk, PickMe and FindMyFare.

Venture Engine, Sri Lanka’s pioneering entrepreneurship program, was founded by
BOV Capital and the Indian Angel Network, with the event organized by the Lankan
Angel Network.

“Not only were we excited to welcome many top international investors to Sri Lanka,
but we were also pleased that several were willing to contribute significantly by
participating in workshops and panels. We believe their efforts in mentoring and
guiding our top local talent will greatly contribute to the success of this year’s batch
of finalists as well as Sri Lanka as a whole,” commented BOV Capital co-founders
Rajan Anandan and Prajeeth Balasurbramaniam.

Event sponsors included Platinum Sponsor – Aavishkaar, Venue Partner – Hatch,
Telecommunications Partner – Dialog Axiata, Official Pay TV Partner – Dialog
Television, Print Media sponsor Wijeya Newspapers, Digital Media Partner – Roar
and Technology Partner – Microsoft and Microsoft for Startups.
Even though the current cycle of Venture Engine has concluded, its organizer the
Lankan Angel Network will continue to accept new ideas for investment. Visit
www.lankanangelnetwork.com for more details.

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