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Agroventures Plantations (Pvt) Ltd is a Sri Lankan agricultural enterprise that cultivates and exports a range of spices, fruits, and vegetables, with a prominent focus on vanilla planifolia. The company manages agricultural operations from soil preparation to export, utilizing sustainable, organic farming methods. They leverage Sri Lanka’s tropical climate to produce high-quality yields, establishing efficient processes for cultivation, processing, and distribution to global markets.
The company was founded in 2016 by Nilanga Karunarathne, who identified an opportunity to harness Sri Lanka's rich agricultural potential. His vision was to create a vertically integrated agricultural business that not only produced premium crops but also allowed for an investor-driven model, where external capital funds plantations, and Agroventures manages all aspects of farming and ensures returns through robust cultivation and export strategies.
Agroventures Plantations serves a diverse customer base, including international buyers of its agricultural products and investors seeking engagement in sustainable farming. The company’s long-term vision is to position Sri Lanka as a top global exporter of high-quality agricultural goods, particularly aiming to become the leading source for premium vanilla, while delivering consistent value to all stakeholders.
AGrow Ventures has 1 tracked investment across 1 company. The latest tracked deal is $1.3M Seed in Smart Apply in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2024 | Smart Apply | $1.3M Seed | BEN Pidgeon | Elevate Ventures, Frontier Angels |