Fundraising Fox

BOV Capital

Venture capital

Colombo · Seed–Growth · 4 people tracked

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Investment thesis

BOV Capital is an early and growth stage venture capital fund operating out of Sri Lanka and Singapore, focused on emerging markets. Starting in its home market of Sri Lanka with the intention of expanding regionally, it aims to help develop the Sri Lankan startup and venture ecosystem into a regional powerhouse. The firm partners closely with founders, providing not only capital but also time, guidance, and network access, and commits to supporting portfolio companies through good and difficult times. Its mission is to find, invest in, and nurture strong technology businesses that generate significant financial returns for investors. Funds are backed by prominent local and foreign investors, including Dialog Axiata.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$100K
HQ
Colombo, LK
Instruments
Equity
Founded
2010
AUM
$13M
Tracked investments
14

Team · 4 people

from the firm's website & public directories
Rajan Anandan· Non Executive Chairman/Co-Founder

Co-founded BOV Capital in 2010.

Prajeeth Balasubramaniam· Managing Partner/Co-Founder

Co-founded BOV Capital in 2010.

What they invest in

from 8 of 14 portfolio companies

SaaS ×4Enterprise Software ×3Marketplaces ×3Fintech ×2Advanced Manufacturing ×1AI & Machine Learning ×1Cloud Computing ×1Consumer ×1

HQs:Sri Lanka×2Switzerland×1Singapore×1

Investments · 14 tracked

founders shown can be your intro path
Agriagrithmics.lk
Digital Mediaroar.mediain

Obsidian is an integrated creative studio that combines strategy, content, and film production to deliver brand campaigns across traditional and digital channels.

ConsumerMarketing TechMedia & Entertainment

Doc990doc.lk𝕏

Doc990, operated by Digital Health Private Limited, is a digital health platform in Sri Lanka that lets users book doctor channelling appointments at hospitals and connect with doctors, pharmacies, and laboratories via its website, app, or the 990 hotline.

Digital HealthHealthtechMarketplacesColombo, LK

Ed Techheadstart.lk
Financial Servicesifinity.bizin

iFinity provides digital transformation services and life-centred banking solutions, helping banks deliver adaptive, goal-oriented customer experiences.

Enterprise SoftwareFintechSaaS

InsureMeinsureme.lkin

InsureMe is an online insurance aggregator platform and licensed insurance broker in Sri Lanka, registered with the Insurance Regulatory Commission of Sri Lanka.

FintechInsurTechMarketplacesColombo, LK

Vipula Dharmapala(Co-founder)Indika Prematunga(Co-founder)Duneeka Prashanthi(Chief Operating Officer)Samanthi Liyanage(Chief Technical Officer)Sandun Rathsara(Chief Technology Officer)

Linear Squaredlinearsquared.com
Ncingancinga.com

Ncinga is a technology investment and venture builder platform that develops and scales startups leveraging data and automation.

Advanced ManufacturingSaaSSales TechZurich, CH

nCinga Innovationsncinga.netin𝕏

nCinga is a technology company that provides digital solutions and services, with operations across Asia Pacific, the Middle East, Africa, the UK, and the USA.

Cloud ComputingData & InfrastructureEnterprise SoftwareSaaS

Scybersscybers.comin

Scybers is a global cybersecurity advisory and managed services company that helps enterprises reduce cyber risk through security strategy, compliance, and managed defense.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Kris(Co-founder)Kugan(Co-founder)Madu(Co-founder)Gopal(Co-founder)Deepak(Co-founder)

Takastakas.lk
Travel/Leisuretripvillas.com

Tripvillas operates a holiday home rental marketplace across Asia, connecting owners of private vacation properties with families seeking alternatives to hotels.

MarketplacesPropTechTravel & HospitalitySingapore, SG

Roshan D'Silva

Frequently asked questions

What stage does BOV Capital invest at?
BOV Capital invests at the Seed, Series A, Series B, Growth stages.
What is BOV Capital's typical check size?
BOV Capital typically writes checks of $100K.
What sectors does BOV Capital focus on?
BOV Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Consumer, Cybersecurity, Data & Infrastructure, Digital Health, E-commerce, EdTech, Enterprise Software, Fintech, Healthtech, InsurTech, IoT, Logistics & Supply Chain, Media & Entertainment, Retail Tech, SaaS, Travel & Hospitality.
Where is BOV Capital located?
BOV Capital is headquartered in Colombo, LK.

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