25 April, 2021
The Angel Fund has made a Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler and more affordable for businesses at all levels and industries.
The Angel Fund was established by the Lanka Angel Network (LAN) with the support of ecosystem development partner Ford Foundation and aims to catalyze the growth of Sri Lanka’s startup ecosystem. Niftron is one of the first investments made by the Angel Fund since its launch last year. Niftron has raised a further Rs. 11 million from Angel Fund investors based in Singapore, Sri Lanka, UK and USA.