Left to right: Sharad Sridharan and Asanth Sebastian, Directors of Ataraxia Capital Partners, hand over the deal to the founders of Ceylon Exchange Mentoring, Rahul Nimesh Gunasekara and Kavindu Prabasara Herath
With the intention of extending Ceylon Exchange Mentoring (CEM) to overseas territories, the company has received a strategic investment from Ataraxia Capital Partners.
CEM is a start-up operating in the areas of capital markets, digital media and edtech. Founded by Rahul Nimesh Gunasekara and Kavindu Herath at the end of 2020, it is launched with revenue growing at a substantial rate.
With this new investment, the company has embarked on new avenues such as digital media and application creation under CEM Studios, which already has a large local and international clientele.
CEM Studio’s existing business portfolio includes international clients that span across Germany, Switzerland and Australia. Seeing its ability and potential to generate dollar-based income, Ataraxia Capital Partners took the initiative to invest in CEM.
Currently, with a team of over 20 people, CEM plans to venture into new avenues related to finance in the future.
To continue its expansion program, the company plans to collaborate with Ed-Tech Giants on B2B transactions, which will help it reach the unserved population seeking the benefits of e-learning. CEM’s business model revolves around its impressive portfolio of taught courses. The portfolio, made up of more than 30 courses taught on a trilingual basis, includes stock market investing, fixed income investing, real estate, and cryptocurrency investing.
Over the past 12 months, CEM has helped over 1,500 students get started on their investing journey. CEM News Agency, a platform with over 30,000 social media followers, publishes the latest financial market news in English and Sinhalese daily.
CEM Founder Rahul Gunasekara said, “Since our inception, we have been deeply involved in bringing more value through educating the masses and filling the void of the unserved population. Therefore, we look forward to avenues for the company to strengthen its technology, market presence and human resources. »