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Ascentic celebrates 5 years of astounding success

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Founded by Swedish duo Anna Kalm and Patrik Alm, fueled by a passion to help Swedish businesses find the IT competence they need through the dynamic talent pool in Sri Lanka, the Swe-Lankan software development company Ascentic celebrates five years of astounding growth and success.

Ascentic believes that Sri Lanka is undoubtedly among the top destinations to find a diverse pool of talent in IT. Since its humble beginnings the company has scaled up to a crew of almost 100 ambitious, creative, and fun-loving Ascenders and is today recognized as one of the best workplaces in Sri Lanka.

From the start of the business, Ascentic has had an ambition to create an amazing workplace experience for its crew, in a strive to enable talented individuals to thrive and make the most out of their potential. The company was ranked 43 in the Best Workplaces in Asia 2021 under the small and medium-sized company category, in addition to being featured among the Best Workplaces in Sri Lanka, Best Small and Medium IT/ITES Workplaces, and Best Workplaces in Sri Lanka for Millennials.

Ascentic is also expanding its reach across its main customer market Sweden. The organization is today located in two of the larger regions of Sweden and expanding the presence both with Swedish and Sri Lankan team members. The main source of business is building high-performing software development teams for small and midsized product companies with strong growth potential, but the first steps have also been taken towards starting up a new unit focusing commercializing inhouse built products.

The technical stacks of the company today range from Microsoft-based solutions to open source, JavaScript with libraries and frameworks like ReactJS, Angular and NodeJS, Python, GoLang and php. The latest technical stream the company has embarked into is in Machine Learning and Analytics, where the number-crunching data scientists and developers in Ascentic today supports Swedish organizations to make smarter use of their data.

Anna Kalm, Founder and CEO, looks back at the last 5 years with warmth “It’s been quite an exciting journey for all of us here at Ascentic. We have had high-set targets from the start of the business, and I’m absolutely amazed with what we as a team have been able to accomplish. We have such an amazing crew that keeps striving for excellence – both in terms of the technical solutions we craft but also related to the workplace we are creating. Regardless of what challenges we face, knowing the strength and grit of our team I’m confident we will grow stronger from it and continue to thrive.”

Being an Ascender has many perks and benefits, such as lifelong learning opportunities, support for a healthy work-life balance, USD pegged compensation, comfy workspaces, a range of social activities among others. Recently the company launched an international rotation program where the Sri Lankan crew members get the opportunity to work onsite in Sweden for a longer period, an initiative that has been highly appreciated since its launch.

The company also made history in Sri Lanka with the introduction of a four-month equal parental leave for both parents, with the aim to contribute to increased equality in the IT industry. Gender-neutrality, equity and inclusivity is not just a buzz phrase at Ascentic, but a cornerstone in building the organization in a sustainable manner.

The Swe-Lankan software development company is excited about the mark it has set in the industry during the last 5 years and gearing up for continued growth and innovation for decades ahead. For more information, visit www.ascentic.lk



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ComBank unveils new Corporate Branch at Head Office

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Commercial Bank Managing Director/CEO, Sanath Manatunge, Chief Operating Officer S. Prabagar, Deputy General Manager – Corporate Banking Hasrath Munasinghe, Corporate Branch Chief Manager -Ruvini Samarasinghe and representatives of the Bank’s corporate and senior management at the opening of the new Corporate Branch

The Commercial Bank of Ceylon has transformed its iconic ‘Foreign Branch’ into the ‘Corporate Branch,’ reaffirming its commitment to delivering dedicated, comprehensive financial solutions to corporate and trade customers.

The Bank said this transformation represents a new milestone in its illustrious journey, and resonates with the rich commercial heritage of Colombo, a city that has long served as a vital trading hub in the region.

Strategically located at the Bank’s Head Office at Commercial House, 21, Sir Razeek Fareed Mawatha (Bristol Street), Colombo 1, this rebranded Corporate Branch stands as a first of its kind in Sri Lanka —a premier financial hub tailored exclusively to the needs of corporate customers, the Bank said. The transformation aligns with the Bank’s vision of providing unparalleled service excellence, bespoke financial solutions, and fostering long-term business partnerships.

Commenting on this strategic initiative, Commercial Bank’s Managing Director/CEO Sanath Manatunge stated: “It is our aspiration that just as the historic Delft Gateway, at which our Head Office is located, once opened the path to the Dutch Fort, our Corporate Branch will chart a new era of enduring and prosperous business collaborations, that will extend beyond Sri Lanka’s shores.”

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Fits Retail and Abans PLC Unveil Exclusive DeLonghi Premium Coffee Experience

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The iconic DeLonghi coffee machines at Abans showroom

Fits Retail has partnered with retail giant Abans PLC to showcase the iconic DeLonghi coffee machines at two of Colombo’s most prestigious locations: Abans Elite Colombo 3 and Abans Havelock City Mall showrooms.

At these dedicated demonstration zones, visitors can discover the unparalleled precision engineering and user-friendly technology that have made DeLonghi machines the preferred choice for discerning coffee lovers in more than 46 countries worldwide. Renowned for consistently delivering café-quality espresso, cappuccino, and even specialty cold brews, DeLonghi machines exemplify Italian innovation at its finest.

Yasas Kodituwakku, CEO of Fits Retail, expressed excitement about the collaboration: “This partnership represents our unwavering commitment to bringing global coffee excellence to Sri Lankan connoisseurs. With Abans PLC, we’re creating more than just demonstration spaces; we’re curating premium destinations for an authentic coffee experience.”

“As pioneers of premium lifestyle experiences in Sri Lanka, our collaboration with Fits Retail aligns seamlessly with our vision of elevating everyday moments into exceptional experiences,” said Tanaz Pestonjee, Director Business Development at Abans PLC.

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Members’ Night of the Sri Lanka – Russia Business Council of The Ceylon Chamber of Commerce

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Participants at the Members’ Night

The Sri Lanka-Russia Business Council (SLRBC) of The Ceylon Chamber of Commerce (CCC) hosted a Members’ Night on March 27, at the Sophia Colombo City Hotel. The event, attended by His Excellency Levan S. Dzhagaryan, Ambassador of Russia to Sri Lanka, offered a valuable platform for business leaders, embassy officials, and Members to discuss and explore opportunities for deeper Sri Lanka-Russia collaboration, a CCC news release said.

SLRBC President, Mr. Jude Fernando, kicked off the evening with a speech highlighting the importance of strengthening international ties, which was followed by H.E. Dzhagaryan’s address on the need for continued engagement between the two countries. The event featured networking opportunities, allowing Members to connect with key stakeholders and discuss future business ventures, followed by a delightful dinner.

The event was made possible with the generous support of sponsors, including OCEAN 7 Logistics (Pvt) Ltd, Bally/Walkers Tours, Fibre cement associations, Ceylon Fresh Teas, SCANWELL Logistics, Regency Teas, Shan Teas, and others, whose contributions were key to its success.

The SLRBC is committed to further facilitating trade and cultural exchange between Sri Lanka and Russia, continuing to foster stronger business relationships.

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