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.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
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