DeFi startup Pillow raises $3 million in round led by Elevation Capital
Elevation Capital led a $3 million seed funding round for Pillow, a decentralized finance startup that helps generate returns on crypto investments. Polygon cofounders JD...
In 2022, Nestle will award Sri Lanka’s Most Valuable Food and Beverage Brand.
Brands Finance, the world's premier brand valuation consultant, named Nestlé Sri Lanka's Most Valuable Food and Beverage Brand. This distinguished rating, produced for the...
Emirates and Dilmah Tea celebrate 30 years of partnership
For the last 30 years, Emirates and Dilmah Tea have collaborated to brew the best teas on board and in Emirates' airport lounges across...
Led by Purpose, Driven by Impact : The Reckitt Formula for Marketing Effectiveness.
Reckitt Sri Lanka’s Head of Marketing, Shaminda Perera, and Marketing Manager, Chathurika Fonseka, and Tehan Samarasinha, Marketing Manager – Nutrition, on the Brand’s approach...
Ashok Pathirage buys Bangladesh Supermarket Chain Agora
Softlogic Holdings PLC today announced that its wholly owned subsidiary Softlogic Retail Holdings (Private) Limited has entered into a Sale and Purchase Agreement with...
Sri Lanka Seeks US$ 500 Million Emergency Loan from India
According to Lankadeepa Newspaper, the government has decided to seek an emergency loan of US$ 500 million from India in order to import petroleum,...
Softlogic Holdings to own Colombo Franchise for LPL 2021
The Lanka Premier League Colombo franchise has a new owner as Founder and Chairman of Softlogic Holdings PLC, Ashok Pathirage enters the second season...
In October 2021, Sri Lanka’s foreign exchange reserves fell to US$2,267 million.
When the central bank began buying bonds to target an output gap as part of an inflationary strategy in August 2019, Sri Lanka's total...
The Founder of Canva is a Woman of Sri Lankan Descent. Her Name is Melanie Perkins.
Canva, an Australian graphic design company, has been valued at $40 billion (£29 billion), making it one of the world's largest privately held firms....
Meet Creators of BaduDeal, who introduced Crypto and PayPal payments first time in Sri Lanka
At a challenging time when we're all staying in our homes because of the current pandemic, it's worthwhile for us to order everything online...
Microsoft’s Windows 11 announcement: All the free upgrades coming this fall
Microsoft's next major software update, Windows 11, is designed to work with as many apps as possible. It'll also include Xbox technology and Android...
For the first time, an app made in Sri Lanka has crossed 10 million downloads.
Helakuru, the first mobile phone software made in Sri Lanka, has crossed the 10 million download mark in the google play store. Ten years ago,...
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Softlogic Life’s showcases impressive growth at Investor Forum and shares plans beyond 2023
Softlogic Life, the second-largest life insurer in Sri Lanka, recently held its inaugural Investor Forum on 3rd April 2023 at Shangri La Colombo. The...
McDonald’s Layoffs May Begin Soon As Fast-Food Giant Temporarily Shuts US Offices.
McDonald's, a global fast-food chain, has reportedly made the decision to temporarily close all of its offices in the United States this week as...
Elon Musk has made Twitter’s Recommendation Algorithm open-source!
1. This algo serves 150 billion Tweets to people’s devices every day. Now you can have all answers to designing a recommendation engine available...
TikTok launches docuseries on small businesses that found success on the platform
TikTok has recently launched a new mini docuseries called "TikTok Sparks Good" to showcase the stories of small businesses and creators who have found...
