Startup Landscape in Sri Lanka

Sri Lanka has over 11,683 startups across the country. Of these, 297 are funded companies that have collectively raised $2.39B in venture capital and private equity. A total of 156 investors have participated in 487 funding rounds, with 13 startups securing early-stage funding and 6 raising late-stage funding. In the last five years, 1,071 new companies have been founded, raising over $150K in funding. Startups in Sri Lanka have witnessed 74 acquisitions and 52 IPOs, while 1,455 startups wrapped up operations. Additionally, 86 companies have been founded by women.