Business
Rootcode marks a decade of innovation and global impact in technology
More than 3 million people in the Nordic countries use Rootcode software every week
Set to expand its global presence while contributing to local community through its philanthropic efforts
Rootcode, a leading global software product engineering company, marked its 10th anniversary with a grand celebration at its headquarters. This milestone event highlighted a decade of relentless growth, cutting-edge innovations, and a commitment to delivering world-class technology solutions. The celebration also included the launch of a commemorative book titled “A Decade of Building Great Technology”, which chronicles Rootcode’s evolution from its humble beginnings into a global technology leader. The book captures the company’s journey, featuring pivotal projects, strategic partnerships and its remarkable expansion into global markets.
Over the past decade, Rootcode has grown its services across Europe, partnering with prominent organisations such as the United Nations and Kendrion, a major Dutch manufacturer of electromagnetic systems. Today, Rootcode’s technological solutions power over 100 digital products, serving more than 30 industries worldwide. The company’s footprint now extends to large enterprises and governments, positioning Rootcode as a global player in sectors including agritech, healthcare, esports, e-commerce, and e-governance.
Founder and CEO of Rootcode, Alagan Mahalingam speaking at the event said, “Celebrating Rootcode’s 10th anniversary is a testament to our vision of empowering businesses by building world-class technology. Rootcode has not only made a name for itself globally but has also placed Sri Lanka on the map as a hub for innovative tech solutions. I am immensely grateful to our dedicated team and loyal clients who have been integral to our success. Rootcode’s mission has always been clear – to help businesses build transformative technology both locally and globally.”
Alagan established Rootcode in 2014 with a singular goal to build a mobile app. Over the years, the company broadened its scope, developing advanced technology products that are recognised on the global stage. From its first product, Singify, which was nominated for The Asia Pacific ICT Alliance Awards (APICTA) in 2016, to becoming the champion at The Global Hack hosted by the European Commission, Rootcode has consistently demonstrated excellence. The product from this hack, Expert Republic, became a crucial platform during the pandemic, offering professional services to users worldwide.

From left – CEO of Zivi and a long-time Rootcode client, Kujtim Salihu; Founder and CEO of Rootcode, Alagan Mahalingam and Partner and Chief Operating Officer (COO), Mangala Perera
Rootcode’s journey of innovation and growth was further strengthened with the addition of Mangala Perera, who joined as Partner and Chief Operating Officer. With over 25 years of experience in the tech industry and previously serving as Vice President of Software Operations at IFS, Mangala’s leadership has been instrumental in steering Rootcode toward continued success.
Rootcode’s establishment of a dedicated artificial intelligence division in 2021 marked a significant milestone in the company’s history, positioning it as a pioneer in AI innovation in Sri Lanka. Shortly after, Rootcode launched Rootcode Studio, its user experience design arm, further solidifying its focus on enhancing digital products with top-tier UX design.
In 2022, Rootcode extended its vision beyond business success by launching the Rootcode Foundation, a philanthropic initiative dedicated to empowering underprivileged students through technology education. Rootcode has also fostered a thriving community of tech and AI enthusiasts through its AI Community Meetup, which has grown to over 3,500 attendees globally. These meetups have become a valuable platform for knowledge sharing, networking, and staying updated on the latest technological trends.
Rootcode’s achievements include securing a public tender from the Government of Estonia to build an artificial intelligence framework, marking its first contract with a European government. This collaboration underscores Rootcode’s growing influence in the global tech landscape.
During the anniversary celebration, the CEO of Zivi and a long-time Rootcode client, Kujtim Salihu shared his appreciation for the company’s expertise and dedication: “Since partnering with Rootcode in 2020, I have witnessed their transformation from a small startup into a global technology powerhouse. Their unwavering commitment to delivering exceptional solutions has played a significant role in our success. I trust Rootcode to be a partner in every venture I pursue, knowing they are driven by expertise and a passion for innovation.”
Rootcode’s ability to forge strong, long-lasting client relationships is a testament to its exceptional service quality. With over 100 talented employees and a customer base that spans the Nordic and North American regions, Rootcode continues to deliver impactful digital products to clients across the globe.
As Rootcode embarks on its second decade, it remains focused on advancing cutting-edge technologies, expanding its global presence, and continuing to make meaningful contributions to communities through its philanthropic efforts. Alagan Mahalingam’s vision for the future is clear – to lead the global tech industry while maintaining a deep commitment to innovation and social impact. Rootcode’s remarkable success story is a source of inspiration. By remaining true to its core mission of helping businesses succeed through great technology, Rootcode has built a legacy of growth, resilience, and forward-thinking innovation.
Business
HNB Assurance Recognized with Merit Award at the Great HR Awards 2025
HNB Assurance PLC was recognized at the Great HR Awards 2025, receiving the Merit Award in the Finance, Insurance, Real Estate, and Investment sector. This recognition reflects the company’s continued commitment to strengthening its people strategy, nurturing a progressive culture, leveraging technology and maintaining strong industrial relations.
Sharing his thoughts on this accomplishment, Lasitha Wimalarathne, Executive Director / Chief Executive Officer of HNB Assurance PLC, stated, “This recognition reiterates our belief that people are the true drivers of our success. Over the years, we have invested significantly in building an environment where our teams feel inspired and supported to deliver their best. As we continue to grow as one of Sri Lanka’s best insurance companies, this award reflects our ongoing efforts to build a workplace where both our people and our business can thrive. My sincere thanks go out to our HR team for continuously driving these initiatives.”
Commenting on the award, Navin Rupasinghe, Head of HR / DGM at HNB Assurance PLC, said, “Our people-first philosophy shapes every HR initiative we design, from strengthening learning pathways and leadership development to enhancing employee well-being and engagement. This recognition validates our ongoing efforts to build a workplace culture grounded in trust, inclusivity and performance. As we look ahead, we remain committed to evolving our HR practices to meet the expectations of our people and the future of work. My sincere thanks to the CIPM for this recignition.”
Business
MullenLowe Sri Lanka named Creative Agency of the Year in South Asia
MullenLowe Sri Lanka has been awarded Gold as the Rest of South Asia’s Creative Agency of the Year at the Campaign Agency of the Year Awards 2025, held recently at Mumbai’s ITC Maratha Hotel. The accolade marks a landmark year for the agency, driven by breakthrough ideas, ambitious brands, and a surge in economic activity.

Campaign Agency of the Year – South Asia 2025 (Rest of South Asia – Creative Agency) awarded to MullenLowe Sri Lanka
Guided by a clear creative vision and extensive category expertise across 111 brands in 33 sectors, MullenLowe strengthened its position through strategic leadership appointments, talent acquisition, and the integration of AI-enabled tools. These initiatives created an environment where creativity, learning, and commercial impact worked in tandem, supporting long-standing client relationships and consistent new business momentum.
Thayalan Bartlett, Executive Chairman, said, “Our growth is rooted in a people-first, creative-centred culture. By attracting top talent and focusing on continuous upskilling, we have enriched both our creative and strategic capabilities.”
The agency’s innovation was further enhanced by Fever, its AI-enabled production studio, and LoweGo, a subscription-based design unit, enabling faster and more scalable solutions for modern marketers. Training programs, including an international AI workshop in Baku for top creative minds, helped unify teams around technology-driven creativity, leading to MullenLowe’s highest Effie points haul in a decade.
Harendra Uyanage, Senior Vice President and Executive Creative Director, added, “This recognition celebrates a team that constantly stretches its creative boundaries, transforming every brief into opportunity.”
The win adds to a series of recent accolades, including Most Effective Agency of the Year at the 2024 Effie Awards, and multiple awards at Dragons of Sri Lanka and SLIM Digis 2025, cementing MullenLowe’s vision to become Sri Lanka’s most commercially impactful creative company by 2030.
Business
ComBank named Sri Lanka’s Best Trade Finance Bank at Euromoney Awards 2025
The Commercial Bank of Ceylon PLC was named Sri Lanka’s Best Trade Finance Bank at the prestigious Euromoney Transaction Banking Awards 2025, in recognition of the Bank’s strong performance and continued contribution to supporting Sri Lanka’s export and import sectors.
This global recognition from Euromoney, a leading authority in financial markets, celebrates institutions that demonstrate innovation, leadership, and measurable impact in transaction banking across cash management, payments, trade finance, and technology. Commercial Bank is Sri Lanka’s clear market leader in trade finance, commanding a 21% share in exports and a 14.26% share in imports, demonstrating its strong presence across both segments.
In 2024, the Bank supported over US$ 5 billion in trade transactions, underscoring its unmatched role in enabling the flow of goods, services, and foreign exchange. Its leadership has also been recognised regionally by the Asian Development Bank (ADB), which named Commercial Bank its Leading Partner Bank in Sri Lanka for the fourth consecutive year under the Trade and Supply Chain Finance Programme.
At the forefront of Commercial Bank’s recent innovations is ComBank TradeLink, Sri Lanka’s first fully integrated, end-to-end digital trade finance platform. The system brings all trade finance operations – from Letters of Credit to export collections and shipping guarantees – into one secure online interface, providing customers real-time visibility, faster processing, and paperless convenience. This digitalisation drive has redefined the client experience, reduced manual processes and improved turnaround times across thousands of transactions.
The Bank’s commitment to advancing Sri Lanka’s trade sector extends beyond technology. Through initiatives such as the ComBank Trade Club, which facilitates connections between buyers and suppliers both locally and internationally, and ComBank LEAP | GlobalLinker, a digital business networking platform for SMEs, the Bank is actively building bridges between Sri Lankan entrepreneurs and global markets. Its Diribala Exporter Development Programme further empowers micro, small, and medium enterprises to become export-ready, providing access to expert guidance, training, and financial support.
Reflecting on the award, Commercial Bank said the recognition from Euromoney was a tribute to the trust placed in the Bank by Sri Lanka’s exporters and importers, and to the dedication of its trade finance teams who continue to innovate and deliver excellence in a rapidly evolving global landscape.
As Sri Lanka’s largest private sector bank and the first to surpass US$ 1 billion in market capitalisation, Commercial Bank continues to lead in supporting national trade, driving digital transformation, and shaping a more inclusive and resilient export economy, the Bank said.
Commercial Bank was the first bank in the country to be listed among the Top 1000 Banks of the World, and has the highest Tier I capital base among all Sri Lankan banks. The Bank is the largest private sector lender in Sri Lanka and the largest lender to the country’s SME sector. Commercial Bank is also a leader in digital innovation and is Sri Lanka’s first 100% carbon-neutral bank.
Commercial Bank operates a network of strategically located branches and automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 20 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully owned subsidiaries, CBC Finance Ltd. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.
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