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Layup Grabs First Place at Seedstars Colombo

Layup, a Sri Lankan startup was placed on top at the recently held Seedstars Colombo and will travel to the Seedstars Summit in Switzerland to compete for up to $ 1 million in equity investment. Layup is an user-friendly learning-driven social platform to discover a new way to train, engage and reward employees.

 

During the final round, eight startups were selected to present to Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup eco-systems at a recently held event in Colombo.

 

Sheran Corera, founder of Layup said, “I realised during my corporate tenure there was no effective, engaging product on the market that addresses the problem of online training.”

 

As a part of the prize, Layup will be participating at Seedstars Summit, taking place in Switzerland in March 2017, a weeklong training program with the opportunity to meet the other 60 winners, as well as investors and mentors from around the world.

 

NicNac , a personal digital butler service, came second and Katha, a social, audio content creation platform, grabbed the third position. The other startups invited to pitch were PayMedia, Foodie Global, Touristeun, Hype Hash and PreviewVR.

 

Seedstars Colombo hosted Prime Minister Ranil Wickramasinghe and a number of high profile speakers. SLASSCOM chairman Mano Sekaram welcomed the Prime Minister and explained the Seedstars Colombo initiative before SLASSCOM vice-chairman Ruwindhu Peiris presented a compelling and thorough report about the Sri Lankan startup ecosystem, which can be accessed via http://www.slasscom.lk/content/startup-sri-lanka-report.

 

MAS Innovation head of Human Resources Zahara Ashraff also presented a talk on the need for an innovation based startup ecosystem in Sri Lanka.

 

The local ambassador of Seedstars World Mangala Karunaratne of Startup Sri Lanka, which is a SLASSCOM initiative, provided the closing remarks for the event by talking about the need for more national focus on supporting technology products made in Sri Lanka. The event attracted interest from over 140 startups and 250 attendees.

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