Lanka Accelerator launched in Sri Lanka
View(s):Kaleidoscope (Pvt) Ltd has announced the launch of Lanka Accelerator brand in Sri Lanka. Lanka Accelerator is powered by India Accelerator (iA) which was adjudged the Best Accelerator in India by Start-Up India. Lanka Accelerator’s agreement with India Accelerator is to help support its design, development and success.
India Accelerator is part of GAN (Global Accelerator Network). The GAN is a ‘By-Invite’ network of over 80 of the most highly respected accelerators on six continents and more than 100 cities around the world. To date, the network has helped some 3,200 companies receive over US$4.8 billion in funding and create 21,000 jobs globally, the local company said in a media release.
Santosh Menon, Chairman Kaleidoscope (Pvt) Ltd. and Founding Partner of Lanka Accelerator, said: “I am truly delighted to announce the launch of Lanka Accelerator in Sri Lanka. There is no better time than this to launch such an enterprise. There is a crying need to unleash the entrepreneurial spark among the young and Lanka Accelerator aims to do just that”.
Chanithi Gunasekera, Founding Partner of Lanka Accelerator said: “There are many young people who have great business ideas, but give up because they can’t see the way forward in terms of technology support, legal advice, marketing inputs, financial planning or due to lack of investment.”
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