Nimal Perera back to buying mode, invests Rs. 250 m for 50% stake in digital disruption firm

Thursday, 14 December 2017 00:00 -     - {{hitsCtrl.values.hits}}

Business leader Nimal Perera appears back in the business of acquisitions as he has invested Rs. 250 million to buy 50% stake in Arimac Lanka Ltd, a specialist in digital disruption.

The acquisition by Perera is via his private company NP Capital Ltd., and the entry of Perera and the investment comes with the motive of taking Arimac to the next level.  

The deal is a sign of the ongoing trend of consolidation in startup businesses, where founders seek solid partnering with potential investors. 

Arimac is an early-stage startup that has already in its initial stages managed to make and retain customers like Emirates, Nestle, Coca-Cola, Johnson & Johnson, Ogilvy, Unilever, Microsoft, 3M, Fonterra, Vodafone, Honda, MAS, Dhiraagu, Dialog, Brandix, Sri Lankan Airlines, Hemas, Rocell, ICTA and many more. Arimac developed the first-ever 3D action game developed in Sri Lanka, Kanchayudha. The story of the game revolves around Sri Lankan historical characters and events. 

The mastermind behind Arimac is young entrepreneur, Chamira Jayasinghe, who has been innovating in the digital world for a while. Chamira is the founder and current Managing Director of Arimac Lanka.

“One of the biggest challenges for venture capital firms is to be the first in the market in finding rewarding and trendsetting investment opportunities,” said Perera, who is the Chairman of NP Capital Ltd, a venture capital firm. 

Perera sits on the Board of Arimac Lanka Ltd. as the Chairman together with Founder/Managing Director Chamira Jayasinghe, COO Dulanjana Silva and other directors Prashan Perera, Chinthaka Sandaruwan and Thilina Premasiri.