nVentures

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Imal Kalutotage, Co Founder and Managing Partner

imal@nventures.sg

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Chalinda Abeykoon, Managing Partner

chalinda@nventures.sg

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Ashok Verma, Founding Partner & CEO

ashok@nventures.sg

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Sanjaya Mohottala, Partner

sanjaya@nventures.sg

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Ritu Verma, Associate

ritu@nventures.sg

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nVentures invests in early-stage B2B startups across:

• Enterprise AI
• Enterprise Software
• Fintech and RegTech
• B2B SaaS

Fund I focused primarily on B2B fintech opportunities, while Fund II broadens the firm's sector focus to enterprise AI and software while retaining its emphasis on B2B enterprise businesses.

The firm invests in South Asia and Southeast Asia, favoring founders building globally scalable architectures from their home markets.

nVentures' debut fund, Fund I, is fully deployed and has made 13 investments across Sri Lanka, India, Bangladesh, Singapore, and the UK, with a primary focus on B2B fintech.

The fund has recorded two institutional exits, including WealthOS's acquisition by JPMorgan Chase and Kaiju Labs' acquisition by KAST within 20 months of investment.

In September 2026, nVentures announced it is raising Fund II, targeting $10 million, and has secured almost $2 million in commitments, reaching its initial close target. Managing Partner Chalinda Abeykoon told DealStreetAsia the final close is planned over the next 12 to 18 months.

Investors include backers from Sri Lanka and its diaspora, as well as Singapore and other international markets.

Fund II will invest in pre-seed and seed-stage companies, with check sizes between $100,000 and $500,000, targeting around 20 investments in enterprise AI and B2B software.

Leadership

• Ashok Verma is Founding Partner and CEO of nVentures
• Imal Kalutotage is Co Founder and Managing Partner.
• Chalinda Abeykoon is Managing Partner at nVentures.
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Notable Exits

• WealthOS, acquired by JPMorgan Chase & Co.
• Kaiju Labs, acquired by KAST Finance

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Fund I Portfolio

nVentures' Fund I portfolio includes Mintpay, Hishabee, Shopbook, Dossiers, Mindler, and SmartCOOP, among other companies spanning fintech, regtech, edtech, and cooperative banking infrastructure.