Top startups in Sri Lanka for 2024

In Sri Lanka, we rank 163 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Sri Lanka are falling behind the performance of their global counterparts.

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Best Startups in Sri Lanka for 2024

SB Score:468

PickMe revolutionizes taxi services by offering a faster, safer, and smarter way to travel. Elevating industry standards, this aggregator ensures seamless transportation for all.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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Commercial Credit & Finance, the fastest-growing finance company nationwide, is in the process of developing a strategic plan. Their goal is to streamline operations and enhance customer experience through innovative solutions.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kandy)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:388

Doc990 Digital Health offers medical services to subscribers from the convenience of their mobile phone and website.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:328

Axiata Digital Labs is a leading digital transformation company that provides innovative digital solutions and services to businesses across various industries.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:312

Mintpay is Sri Lanka's first 'buy now, pay later' payment platform, built to enable responsible consumerism. Consumers can spread the cost of their online purchase into 3, interest-free installments and are always rewarded their good repayment behaviour.

Industry:
Fintech
Subindustry:
Financial Technology

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:310

ZigZag.lk is an online fashion marketplace which brings you unique and elegant designs to add a touch of glamour to your everyday life.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:292

Surge Global is a collective of creatives, writers, developers, and filmmakers dedicated to driving positive change in a constantly evolving world.

Industry:
Marketing & Sales
Subindustry:
Adtech

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:292

Shades IT Solutions is an Srilankan-owned company providing IT services and software product development. We specialize in strategy consultation, design, development and management of products.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Vavuniya)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:288

Transforming businesses through digital marketing and brand activations, this performance marketing agency specializes in delivering growth for startups. Engage with us to drive your business forward and stand out in the competitive market.

Industry:
Marketing & Sales
Subindustry:
Adtech

City Rank (Vavuniya)

0

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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SB Score:286

BusSeat.lk offers a user-friendly platform for buying and selling bus seats online. Simplify your travel booking experience with just a few clicks.

Industry:
Software & Data
Subindustry:
Software

City Rank (Colombo)

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Regional Rank (South Asia)

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Global Rank (WorldWide)

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Total amount:163

Most Funded Startups in Sri Lanka for 2024

The top three most funded startups in Sri Lanka have raised total funding of more than USD 17.7M. Among the top three funded startups, the most popular industry, based on total funding, is Fintech.

Commercial Credit & Finance, the fastest-growing finance company nationwide, is in the process of developing a strategic plan. Their goal is to streamline operations and enhance customer experience through innovative solutions.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kandy)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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SB Score:468

PickMe revolutionizes taxi services by offering a faster, safer, and smarter way to travel. Elevating industry standards, this aggregator ensures seamless transportation for all.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Colombo)

0

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Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

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Total amount:163

Top Hiring Startups in Sri Lanka by Employee Number

The top three hiring startups in Sri Lanka have an average employee size that is smaller than to the global average. Among these, the Software & Data industry features the startup with the largest workforce.

SB Score:328

Axiata Digital Labs is a leading digital transformation company that provides innovative digital solutions and services to businesses across various industries.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Colombo)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse

Commercial Credit & Finance, the fastest-growing finance company nationwide, is in the process of developing a strategic plan. Their goal is to streamline operations and enhance customer experience through innovative solutions.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kandy)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:122

ELZIAN AGRO PVT LTD provides smart agronomy solutions to support mass cultivation farmers to monitor and automate their farmland. We offer customized monitoring information and automation solutions through trending digital technologies to optimize our customers' harvest and productively utilize their resources.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Kurunegala)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

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SB Score:292

Surge Global is a collective of creatives, writers, developers, and filmmakers dedicated to driving positive change in a constantly evolving world.

Industry:
Marketing & Sales
Subindustry:
Adtech

City Rank (Colombo)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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Total amount:163

Explore the Startup Ecosystem of Sri Lanka

Population

(Sri Lanka)

22.3 Million

Regional Rank

(South Asia)

3rd

0

Global Rank

(WorldWide)

76th

7

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Best Software & Data Startups in Sri Lanka for 2024

Sri Lanka startups in the Software & Data industry are underperforming their global industry peers. The top three Software & Data startups in Sri Lanka have raised more than USD 5.08M, an amount that is lower than the global industry average.

SB Score:468

PickMe revolutionizes taxi services by offering a faster, safer, and smarter way to travel. Elevating industry standards, this aggregator ensures seamless transportation for all.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Colombo)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:328

Axiata Digital Labs is a leading digital transformation company that provides innovative digital solutions and services to businesses across various industries.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Colombo)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:292

Shades IT Solutions is an Srilankan-owned company providing IT services and software product development. We specialize in strategy consultation, design, development and management of products.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Vavuniya)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:70

Best Fintech Startups in Sri Lanka for 2024

Sri Lanka startups in the Fintech industry are overperforming their global industry peers. The top three Fintech startups in Sri Lanka have raised more than USD 13.4M, an amount that is higher than the global industry average.

Commercial Credit & Finance, the fastest-growing finance company nationwide, is in the process of developing a strategic plan. Their goal is to streamline operations and enhance customer experience through innovative solutions.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Kandy)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:312

Mintpay is Sri Lanka's first 'buy now, pay later' payment platform, built to enable responsible consumerism. Consumers can spread the cost of their online purchase into 3, interest-free installments and are always rewarded their good repayment behaviour.

Industry:
Fintech
Subindustry:
Financial Technology

City Rank (Colombo)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse
SB Score:277

DirectPay is a fintech company providing solutions for digital payments covering the entire payment ecosystem.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Colombo)

0

View

Regional Rank (South Asia)

0

View

Global Rank (WorldWide)

0

Browse

Total amount:19

Best Edtech Startups in Sri Lanka for 2024

Sri Lanka startups in the Edtech industry are underperforming their global industry peers. The top three Edtech startups in Sri Lanka have raised more than USD 982K, an amount that is lower than the global industry average.

SB Score:236

EZsoft is a leading technology company offering innovative software solutions. With expertise in cutting-edge AI/ML and IoT technologies, we deliver customized software development, mobile app development, and web design services.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Kandy)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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SB Score:236

Codeobe is a cloud-based software startup company that specializes in providing customized AI/ML-enabled tech solutions for businesses of all sizes.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Ja Ela)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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SB Score:228

Magicbit is a Sri Lankan product designing company which promotes the next level of education required for the future. The company is a startup founded in August 2019 from the enterprise incubator of University of Moratuwa. This is a tool for innovation exploring creativity while experimenting with new concepts of electronics, robotics, and IoT.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Dehiwala-Mount Lavinia)

0

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Regional Rank (South Asia)

0

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Global Rank (WorldWide)

0

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Total amount:18

Top Cities for Startups in Sri Lanka - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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