By Prajeeth BalasubramaniamPost Covid-19, Sri Lanka will be in an ideal position for a major pivot away from its old safety net of traditional investments. And with the correct mix fueling its start-up sector, Sri Lanka may not be too far behind its northern neighbour. “We recouped around 30% of our fund from just that one exit alone, so the start-up sector in Sri Lanka is undoubtedly ripe for huge rewards. Another key point of interest is that Sri Lanka in many ways is a largely untapped marketplace. Young Sri Lankan talent too is keen on returning to the country, and this brain gain has led to many successful start-ups in Sri Lanka being founded by returnees.

Source: The Nation August 14, 2021 18:56 UTC