Welcome to the first YBSL e-newsletter. We'll use this medium to send regular updates about entrepreneurship in Sri Lanka, and how YBSL is playing a role in developing the sector.

Feature story

Tharindu Dassanayake, Founder & CEO of Square Mobile, Young Entrepreneur of the Year Finalist 2016

Perseverance makes all the difference when launching your own business. This is especially true in a field as competitive and saturated as telecommunications. Luckily for Sri Lanka’s Tharindu Dassanayake, he had perseverance in spades and a highly innovative vision.

It started in college while pursuing a Computer Engineering degree from the University of Peradeniya. But Tharindu was never too interested in the academic side of things.

I always wanted to do something new and innovative”

So he did just that when he developed ‘World Puzzle’ – an SMS-based game that made learning English fun and interactive. A simple enough idea, but it took off instantly. In its launch year, the application won the Etisalat Mobile Application Competition. Soon enough, it became the top game in the Etisalat network.

It was from the success of Word Puzzle that Tharindu was able to invest in the start-up funds for his company: Square Mobile. The vision was simple enough: to be an innovative provider of SMS related products.

He started working with Square Mobile full time alongside his colleague Madura Pradeep. However, the early days were chequered with mostly failures. Without these, he recognizes, it would have been hard to turn Square Mobile around into the growing venture it is today.

Fundamental to this growth path was engaging with YBSL, who provided training, mentoring and consultation to Tharindu, which kick started Square Mobile to expand into new markets.

Read the full article here.

Upcoming events

Y-Club is on this Wednesday!
Y-Club is a network for young entrepreneurs to share ideas and learn from each other. This month our theme is raising funds for growth. Please come along and invite your entrepreneur inclined friends too!

Date: Wednesday July 13th
Time: 6:00-7:30pm
Location: Ceylon Chamber of Commerce, 50 Navam Mawatha, Colombo 2

International Perspective on Social Enterprise
Listen to keynote speakers Sean Burk (CEO, Meals on Wheels Tasmania) and Fawaz Mohammed (CEO, Global Tutor) share their perspectives on social enterprise in the digital age.

Date: Tuesday July 26th
Time: 11:00am-1:00pm
Location: Room B (1st floor), Ceylon Chamber of Commerce, 50 Navam Mawatha, Colombo 2

Australian High Commissioner addresses Chamber
Mr. Bryce Hutchesson, the newly appointed Australian High Commissioner to Sri Lanka and Maldives, will address the Ceylon Chamber of Commerce on the theme ‘The Road to Economic Reform: What it means for Australia and Sri Lanka’. Your attendance is encouraged.

Date: Thursday July 14th
Time: 4:00pm
Location: Ground Floor Auditorium, Ceylon Chamber of Commerce, 50 Navam Mawatha, Colombo 2


Media coverage

YBSL was recently featured in all the major financial papers regarding the way it is working with Australian volunteers to grow its reach across the country.
Daily News
Sunday Observer
Daily FT
Thanks for reading. We are always interested in sharing news on entrepreneurship in Sri Lanka with our audience. Please send relevant stories to
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