📈 BOV Capital Records Historic Tech Exits and Listing for 2025/26
BOV Capital, a pioneer in Sri Lanka's venture capital space, has announced landmark exits and a public listing, signaling a maturing startup ecosystem and high investor confidence. • Key Milestones (2025/26): • Exits: Successfully exited from IFINITY (Fintech), Roar Global (Digital Marketing), and Cultiv8 (Agri-Tech). • Public Listing: Insureme.lk (Insure-tech) was officially listed on the Colombo Stock Exchange (CSE). • Fund Performance: Exits were realized from Fund 1 and Fund 2 (Dialog Axiata Digital Innovation Fund - DADIF). • Strategic Portfolio & Impact: • Ongoing investments include Scybers (Cybersecurity), MyDoc (Digital Health), and iConic Devices (Industrial IoT). • The firm manages US$ 15 Mn in Assets Under Management (AUM), focusing on $500,000 ticket sizes for high-growth tech ventures. • These successes contribute to economic diversification, high-value job creation, and positioning Sri Lanka as a regional digital hub. • Future Outlook: • Fund 3 Launch: Finalizing for 2026; deployment is pending the Government of Sri Lanka’s resolution of double taxation issues expected by early 2026. • Investment Focus: Targeted at the next wave of "legendary" high-growth startups to drive FDI and innovation.