Four Hatch startups: Hyperglade, Miris by Islandmom, True by Tina and Feelo have acquired funding to take their businesses to the next level. The most significant of these funding opportunities came from Silicon Valley investor Tim Draper who funded Hyperglade with USD350,000 proving that the local entrepreneurial talent among HatchContinue Reading
Singer Sri Lanka PLC, the leading retailer of consumer durables in the country, has partnered with Leader Group of companies to be the official distributor for Riyelta batteries in Sri Lanka. The recently unveiled product lineup caters to both motorcycles and three-wheelers. These batteries, produced in Sri Lanka, using advancedContinue Reading
Raja Jewellers, recognized as the undisputed monarch of the gold world in Sri Lanka, reaffirmed its commitment to environmental protection and sustainability through a beach clean-up project conducted in lieu of World Oceans Day. The event, which took place on Sunday at Wadduwa Beach, saw the active participation of RajaContinue Reading
Uga Chena Huts, an esteemed property under the renowned Uga hospitality group, proudly announced its remarkable achievement as the recipient of the prestigious Best of the Best Trip Advisor Award 2023. Excelling as the only Sri Lankan hotel to be ranked No. 8 in the small hotels – world category,Continue Reading
Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, recently stepped into promoting a cornerstone in Sri Lanka’s culinary and hospitality sectors, the chefs of Sri Lanka. The Chef Event held at Amagi Aria Hotel, Negombo, andContinue Reading
Vivya ,Sri Lanka’s first-ever heirloom rice-infused skincare brand recently added two more new products to it’s portfolio; The Vivya Under Eye gel and face scrub were launched to provide more targeted solutions to solve for under eye dark circles and dullness of skin. The Vivya restoring under eye gel andContinue Reading
As a prominent youth run organization of Sri Lanka, AIESEC in Sri Lanka has successfully completed the large-scale SDG Facilitation project Youth4Sri Lanka. The project that spanned five months covered over 10 districts, engaged over 500 youth, worked with many stakeholders and impacted many communities all around the island. ProjectContinue Reading
The U.S. Agency for International Development’s (USAID) Climate Adaptation Project and Alliance Finance Company PLC have partnered to promote climate-proofing investments in three key value chains in Sri Lanka: tea, cinnamon, and dairy. The initiative will strengthen Alliance Finance’s agri-lending portfolio and support adaptation interventions, such as assessing climate risksContinue Reading
M Power Capital, a leading financial services company, is pleased to announce the appointment of Mr. Jehaan Ismail as the Chairman of the company, with effect from 1 June 2023. This appointment comes as part of the company’s strategic restructuring to enhance its leadership team and drive future growth. Mr.Continue Reading
ChallengerX, marked Sri Lanka’s inaugural AI and Machine Learning-focused Incubator Program emerging from a collaboration between IFS and Hatch. The programme came to a close with 2 out of the 6 selected teams winning over LKR 2 million in prizes – a testament to the high calibre of young techContinue Reading