Lankan Angel Network Encyclopedia
Lankan
Angel Network is passionate about supporting entrepreneurs and building a
healthy startup ecosystem. Founded in 2012 as a private angel investor network,
the investor supports more than 75 members turning over 700 million LKR of
angel investment into regional start-ups and 20 companies supported by money
and knowledge. They are the main game in Sri Lanka's startup ecosystem.
What does Lankan Angel Network do?
Lankan Angel Fund is a startup fund created by the Lankan Angel Network. Their goal is to support promising startups that can be scaled locally, regionally or globally.
Lankan Angels have two roles to play, providing their members with new opportunities to invest and providing essential seed money for young entrepreneurs, making our mission a charity and opportunity.
LAN identifies the main challenges that entrepreneurs face at every stage of their life cycle and aims to enable them to overcome these obstacles and take their business to the next level by in accessing potential investors and advisors in various disciplines.
LAN becomes a platform for entrepreneurs to connect directly with potential investors while providing comprehensive advice to selected companies.
LAN members get a small stake in the business, leaving control to the entrepreneur. Members bring real estate experience, work experience, industry experience, contacts for partners, clients, and follow-up investment.
Lankan Angel Fund is made up of 100 angel
investors leading some of the biggest companies in the world. They represent
more than 10 companies and provide guidance in more than 20 service areas.
About 30% of the Lankan diaspora resides outside Sri Lanka, creating bridges to
regional and global markets.
What is the pitch deck evaluation process in Lankan Angel Network?
The evaluation process will follow three steps. At each level, the Lankan angels seek to provide insight that will allow you to improve your practical thinking.
In this first step, they aim to learn more about you and your team. Building a startup is hard, and it will change your life forever!
Lankan angels want to understand if you are ready for the journey and if you have the right team to support each other.
What is the purpose of the Lankan Angel Network?
LAN is a group of investors who are passionate about promoting entrepreneurship. LAN includes individual investors, venture capitalists and angels.
The first of its kind in Sri Lanka, LAN was
launched publicly with the aim of mobilizing the Sri Lankan community to invest
in a mentor and facilitate the start-up process.
Who are the board of directors of Lankan Angel Network?
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Board of Directors of Lankan Angel Network |
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LAN/Angel Fund Board & Chairman of Martin & George |
LAN Board & Ex CEO of CIMB Investment Bank Sri Lanka |
LAN Board & CEO of Orion City / Anton |
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LAN Board & CEO of PromoLanka Holdings & Partner A & S Associates |
LAN Board & Group CEO of Hemas |
LAN Board & CEO of Takas.lk |
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LAN Board & Co-founder of Hatch |
LAN Board & Chairman of Platinum Advisors (Singapore) |
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Who is in the Team of Lankan Angel Network?
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Team
of Lankan Angel Network |
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CEO |
Accounts Manager |
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What are the complete details of Lankan Angel Investor?
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Lankan Angel Network (LAN) |
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Address |
14 Sir Baron Jayatilaka Mawatha, Colombo, Sri Lanka |
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No. of Workers/ Members |
11-50 |
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Entity Sector Type |
Private |
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Website |
https://www.lankanangelnetwork.com/ |
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Email |
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Phone |
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How can I become an investor with Lankan Angel Network (LAN)?
You may apply with Lankan Angel Network (LAN) at https://www.lankanangelnetwork.com/join-us
The active investors meet every second Thursday of the month
to look at business plans/proposals sent to the network.
The selected entrepreneurs get invited to give a five-minute
pitch and if successful, get mentoring and funding assistance.
How can I apply to get funded by the Angel Network (LAN)?
You may apply to get funded by the Angel Network (LAN) at https://www.lankanangelnetwork.com/get-funded
LAN members receive a minority stake in the
company, leaving the entrepreneurs in control of the startup.
The members bring business building experience,
industry experience, functionality experience, contacts for partners, customers
and follow on finance.
LAN becomes a funding platform for
entrepreneurs to pitch directly to potential investors while also providing
comprehensive mentoring for the businesses selected by them.
Lankan Angel Network tries to identify the key challenges that entrepreneurs face at each stage of their life cycle.
LAN aims to enable them to overcome those obstacles and accelerate their business to the next level with the aid of access to potential investors and mentors in varying disciplines.
How many investments has Lankan Angel Network made?
As per listings data Lankan Angel Network has made about 22 investments till date.
What type of entity is Lankan Angel Network?
Lankan Angel Network is a private Ltd. Company viz. Lankan Angel Network (Private) Limited.
Has Lankan Angel Network allied with Indian Angel Network?
Lankan Angel Network has allied with Indian Angel Network and
solicited entries in Septemeber 2022 in association with SLASSCOM.
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