About BOV Capital
BOV Capital is a venture capital firm founded in 2010. It is primarily based out of Czech Republic. As of Aug 2022, BOV Capital has invested in 17 companies. It primarily invests in Seed round in Sri Lanka based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of IFINITY Overall, BOV Capital portfolio has seen 2 acquisitions, namely Linear Squared and nCinga innovations. A lot of funds co-invest with BOV Capital, with names like Transcendent Holdings sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
BOV Capital's List of Top Investments
BOV Capital has a portfolio of 17 companies. Their most notable investments are in Tripvillas and Roar.Their portfolio spans across Sri Lanka, India and Singapore. They have invested in Enterprise Applications, Consumer, Retail and 13 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by BOV Capital:1. Takas
Takas is an online retailer of branded consumer products across multiple categories such as electronics, home improvements, beauty. Its catalog includes products of both local and international brands. Delivery is limited to Sri Lanka.
Key facts about Takas
- Founded Year: 2012
- Location: Colombo (Sri Lanka)
- Stage: Seed
- Employee Count: 12 as on May 31, 2026
- Investors: Indian Angel Network, Venture Gurukool and 2 Others
- Latest Funding Round: Angel, 2012, $*****
Linear Squared is a provider of cloud and AI-based demand forecasting and planning software. Its features include inventory and distribution optimisation, resource allocation planning, automated capacity planning, and elimination of out of stock situations. It caters to multiple sectors, like grocery retail and the apparel industry.
Key facts about Linear Squared
- Founded Year: 2015
- Location: Colombo (Sri Lanka)
- Stage: Acquired
- Employee Count: 5 as on May 31, 2026
- Investors: BOV Capital and Hyperion Ventures
- Highlight: Acquired
3. Tripvillas
Online platform for vacation rentals and accommodation options. The platform offers an extensive selection of properties for short-term stays, catering to different budgets and preferences. With a focus on providing personalized vacation experiences, Tripvillas.com enables users to book direct rentals from property owners or management teams.
Key facts about Tripvillas
- Founded Year: 2010
- Location: Bengaluru (India)
- Annual Revenue: SGD 0 - 1M as on Mar 31, 2015
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4.44M
- Employee Count: 14 as on May 31, 2026
- Investors: MENA Venture Investments, Blume Venture and 18 Others
- Latest Funding Round: Seed, Sep 08, 2016, $*****
- Highlight: Editors' Pick
Provider of SaaS-based restaurant management solutions. The software offers features like point of sale, online ordering integrations, recipe inventory, kitchen order tickets, and more.
Key facts about OMAK Technologies
- Founded Year: 2012
- Location: Colombo (Sri Lanka)
- Stage: Seed
- Total Funding till date: $562K
- Employee Count: 76 as on May 31, 2026
- Investors: Indian Angel Network, Village Capital and 2 Others
- Latest Funding Round: Seed, Nov 07, 2016, $*****
- Highlight: Editors' Pick
Digital Health offers Doc.lk - an appointment booking portal that connects consumers with hospitals through web, mobile app or a phone call. The company is a joint venture between Dialog Axiata and Asiri Hospital Holdings. The customers can access Digital Health’s services by dialing 990 from their Dialog, Etisalat, Airtel, Hutch or Mobitel mobile phones, by visiting www.doc.lk or downloading the Doc990 Android application. The company aims to add all registered and accredited private medical and healthcare institutions around the island on to its platform.
Key facts about Digital Health
- Founded Year: 2016
- Location: Colombo (Sri Lanka)
- Stage: Funding Raised
- Employee Count: 36 as on May 31, 2026
- Investors: BOV Capital
BOV Capital's Year-on-Year Investment Trends
BOV Capital has invested in 18 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in IFINITY and most recent follow-on round was in Roar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 1 | 1 | 2 |
2017 | 2 | 0 | 2 |
BOV Capital's Investments by Stage
BOV Capital has made 4 investments in Seed stage with an average round size of $968K and 2 investments in Series A stage with an average round size of $562K.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Note: We have considered here, only first round of investments
BOV Capital's Investments by Sector
BOV Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Vertical SaaS and Enterprise Infrastructure. Notably, it has invested in 14 Tech companies, 11 Enterprise (B2B) companies, 8 Consumer (B2C) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Retail | 2 |
Vertical SaaS | 2 |
Enterprise Infrastructure | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
BOV Capital's Investments by Geography
BOV Capital has made most investments in Sri Lanka (4), followed by India where it has made 2 investments.Country | No. of Investments |
|---|---|
Sri Lanka | 4 |
India | 2 |
Singapore | 1 |
Note: We have considered here, only first round of investments
BOV Capital's recent investments
BOV Capital has not made any investment in 2026 so far.Here are the most recent investments by BOV Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 24, 2022 | Sri Lanka | Series A | 3645 | - | |
Dec 16, 2018 | Sri Lanka | Seed | 2083 | [+2] | |
Mar 30, 2018 | Sri Lanka | Seed | 3403 | ||
2017 | India | Seed | 1781 | - | |
Jan 25, 2017 | Sri Lanka | Series A | 1097 | - |
Acquired companies in BOV Capital's Portfolio
2 companies from BOV Capital's portfolio have been acquired. The most recent acquisition was Linear Squared in Jan 2022 by Algonomy for $*****.Here are BOV Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 07, 2022 | - | - | 9463 | |
Dec 17, 2019 | - | - | 1865 |
Co-investors of BOV Capital
Over the past 10 years, 23 investors have co-invested in BOV Capital's portfolio companies. This includes funds and angels.
- Invested before BOV Capital: Neoteny Labs, Blume Venture and 17 others have invested in rounds before BOV Capital. There is 1 company where Neoteny Labs has invested before BOV Capital and 1 company where Blume Venture has invested before BOV Capital.
- Top Co-investors of BOV Capital: 2 investors entered a company along with BOV Capital. These include investors like Transcendent Holdings (1 company).
- Invested after BOV Capital: Striders (1 company) and Hyperion Ventures (1 company) are the investors which have invested in BOV Capital's portfolio after their investments.
