David Pieris Group
Overview
David Pieris Group is a diversified conglomerate in Sri Lanka with investments across various sectors. The group has expanded its portfolio through strategic acquisitions, including a 50% stake in Navire Logistics Services L.L.C in Dubai and Oman, and the acquisition of Logicare (Pvt.) Ltd from Ceylon Tea Brokers PLC for Rs. 1.3 billion. Additionally, the group has partnered with Sampath Bank PLC to offer green loan facilities for solar energy solutions, and with DFCC Bank to provide financing options for solar energy systems, demonstrating its commitment to sustainable energy initiatives in Sri Lanka.
Investment Focus
- Active involvement in Sri Lankan market
- Focus on sustainable and innovative business models
- Alignment with the group's strategic objectives
Portfolio Companies
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Frequently asked questions about David Pieris Group
What sectors does David Pieris Group invest in?
David Pieris Group invests in Financial Services, Automotive, Retail, Renewable Energy, Logistics and Construction, and is based in Western Province, Sri Lanka. David Pieris Group is listed as a corporate vc in the ConnectSafely investor database.
What stage does David Pieris Group invest at?
David Pieris Group backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage.
Which regions does David Pieris Group invest in?
David Pieris Group invests across India, United Arab Emirates, Saudi Arabia, Oman, Thailand and Sri Lanka.
What companies has David Pieris Group invested in?
David Pieris Group's portfolio includes Navire Logistics Services L.L.C, Logicare (Pvt.) Ltd, Pulsar Shipping Agencies (Pvt.) Ltd, David Pieris Renewable Energy (Private) Limited, Sampath Bank PLC and DFCC Bank.
Last updated · Source: ConnectSafely investor database
