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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
IFC invests US$2.5mn in Sri Lanka's PickMe EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
IFC invests US$2.5mn in Sri Lanka's PickMe EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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2 posters

    IFC invests US$2.5mn in Sri Lanka's PickMe

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    IFC invests US$2.5mn in Sri Lanka's PickMe Empty IFC invests US$2.5mn in Sri Lanka's PickMe

    Post by The Invisible Tue Jun 05, 2018 1:04 pm

    ECONOMYNEXT - International Finance Corporation said it is making a 2.5 million US dollar venture capital investment in PickMe, a Sri Lanka-based tech-started that started a ride-hailing business.

    PickMe, which started in 2015, helps customers call anything from an auto rikshaw to a luxury car using its smartphone app.

    “We at PickMe have a strong expansion program in place as we enter new cities and diversify our operations to reach more customers, and serve them better,” said Jiffry Zulfer, CEO and founder of PickMe said in a statement.

    Sri Lanka’s venture ecosystem is growing, but funding options are still limited, IFC said.

    Only 5 percent of the startups that get seed funding manage to raise funds in late rounds.

    IFC’s hopes it entry to the sector would lead to more capital, domestic and international, for the country’s technology startups.

    "Sri Lanka possesses many of the building blocks for a thriving digital startup ecosystem, but has been held back by a lack of global expertise and funding," Amena Arif, IFC Country Manager for Sri Lanka and Maldives says.

    "Through this partnership, we want to help make travel safer, increase revenues for the company’s driver partners, and support the growth of Sri Lanka’s startup ecosystem."

    IFC's Venture Capital group invests in growth-stage companies that offer innovative technologies or disruptive business models focused on emerging markets. (Colombo/June05/2018)

    http://economynext.com/IFC_invests_US$2.5mn_in_Sri_Lanka_s_PickMe-3-10818-6.html
    Ethical Trader
    Ethical Trader
    Top contributor
    Top contributor


    Posts : 5568
    Join date : 2014-02-28

    IFC invests US$2.5mn in Sri Lanka's PickMe Empty Re: IFC invests US$2.5mn in Sri Lanka's PickMe

    Post by Ethical Trader Tue Jun 05, 2018 1:22 pm

    Thanks.

      Current date/time is Sun Sep 01, 2024 5:28 am