Sri Lankan model-actress Jacqueline Fernandez has invested $543,000 in Rakyan Beverages Private Limited, a company that makes the Raw Pressery brand of fruit juices, International Business Times reported.
"While professional investors take calculated risks, celebrities are believers and users of the brand. Jacqueline has about 13 million followers just on instagram and can influence buyers. Hence, she is not an ambassador but an evangelist who can have an impact on the topline," the Economic Times quoted founder Anuj Rakyan as saying.
The 31-year-old actress had hinted at the deal last week in a cryptic tweet. Rakyan Beverages intends to raise $10 million by the end of this calendar year for expansion. In February last year, the company had raised $4.5 million from Saama Capital, DSG Consumer Partners and existing investor Sequoia Capital in Series B round.
Popular grade five tuition teacher, Hayeshika Fernando wanted over assaulting a 21 year old youth was granted bail today after she surrendered to courts.
A British national had been arrested over attempting to smuggle in the largest haul of kush( drugs) from Thailand, customs said.
The Government of Sri Lanka maintains that the allegation of genocide during the final phase of the conflict in Sri Lanka is unsubstantiated by any credible authority, either nationally or internationally, and is based on misleading information. Sri Lanka firmly rejects this false narrative and believes it has been propagated primarily for electoral gains within Canada.
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