KAPRUKA HAS OVER THE YEARS EXPLORED BOUNDLESS OPPORTUNITIES IN
THE ECOMMERCE FRONTIER. WE STRONGLY BELIEVE THAT THE BORDERLESS
WORLD WITH ENHANCED GLOBAL CONNECTIONS IS A DYNAMIC UNIVERSE,
WHICH ENABLES PRODUCTS AND BUSINESSES TO FLOURISH. THIS HAS
TRANSFORMED THE WORLD TO BE ONE STOREFRONT, WHERE EVERY CLICK IS
AN OPPORTUNITY. AS WE EXPLORE NEW REALMS OF OPPORTUNITIES WE LOOK
FORWARD TO CREATING SEAMLESS JOURNEYS AND A WORLD OF CHOICES.
AS WE EXPAND OUR VISTAS WE LOOK FORWARD TO A MULTITUDE OF
OPPORTUNITIES TO BE DISCOVERED WITH ONE CLICK – THAT ONE
CONNECTION WHICH WILL UNLOCK A WORLD OF NEW OPPORTUNITIES.
Founded in 2003 by a single entrepreneur, Kapruka has over the past two decades grown exponentially to capture a wide global presence. The company has its central office located in Colombo and has offices in the USA, the UK, and Australia. With over 125,000 products and around 30 distinct services, Kapruka offers an extensive range of merchandise and gift ideas. As the country™s largest locally owned e-commerce enterprise, Kapruka has created a benchmark for a superior shopping experience by facilitating the online purchasing of goods to the Sri Lankan and expatriate consumer base through its subsidiary Kapruka e-commerce (Pvt) ltd. Having forged partnerships with over 500 renowned brands, the Company offers quintessentially Sri Lankan products of the highest quality and executes order fulfilment and last mile delivery for its online orders. Seamless technological platforms and high service standards support the growth and retention of a loyal customer base around the world and in its domestic market.
Corporate Information
The Company was incorporated in Sri Lanka on 7th February 2002 as a Private Limited liability Company under the Company™s Act No. 17 of 1982 in the name Lanka Dot Info (Pvt) Limited. On 7th January 2005, the Company changed its name to Kapruka Dot Com (Private) Limited under the Companies Act No.17 of 1982 and re-registered under the provisions of Companies Act No. 7 of 2007 on 29th July 2008. The status of the Company was changed from Private Limited to a Public Limited Company under provisions of the Companies Act No. 07 of 2007 on 06th November 2021. The Company changed its name from Kapruka Dot Com Limited to Kapruka Holdings Limited on 20th November 2021. Kapruka Holdings Limited was listed on the main board of Colombo stock exchange on the 7th January 2022. The status of the Company was changed from Limited to PLC on 13th April 2022.
Registered No. Old PV 5789 New PQ00247881
Registered Office No: 147, Old Kottawa Road, Mirihana, Nugegoda., Sri Lanka
Tel: +94 11 7551111
Email – colombo.ofÂce@kapruka.com
Website – https://www.kapruka.com/
Director Board
Mr. D V Herath Chairman and CEO
Dulith Herath is an entrepreneur,web-technologies specialist, Founder and the Chairman of Kapruka.com, SriLanka™s largest e-commerce organization.He is widely credited for setting the bar for Sri Lanka™s online business strategies and web-basedbenchmarks. Dulith possessesstrong technical skills that fuse innovation and new technology-based businessmodels in Sri Lanka. He is also an advocate for improving government policieson tech start-ups and intellectual properties. Incidentally, Dulith Herathis a recipient of the prestigious Eisenhower Fellowship.
Before forming Kapruka, Dulith Herathserved as a Development Specialist at Dell Perot Systems where he designedrobust software/web applications for DELL client™s use with the aim ofoptimizing operational efficiency. Additionally, he also worked as anApplication Architect at Microsoft. There he directed and designed newapplications from conception to completion while overseeing the technical staffinvolved with development projects. Dulith is agraduate of the University of Kentucky, USA with a Bachelor of Science Degreein Computer Science.
Mrs. Anuradha Herath Non-Independent Non-Executive Director
Mrs Herath has a Bachelor of Commerce from Bangalore University, India and an MBA from Eastern Kentucky University, USA. Before joining Kapruka, she worked at the University of Kentucky Federal Credit Union, USA. She is also an entrepreneur on her own and founded a well-known Sri Lankan coffee house chain, Java Lounge. She has strong domain knowledge of US-based e-commerce platforms and cross-border e-commerce opportunities.
Mrs. Thilangani Herath Non-Independent Non-Executive Director
With over 35 years of entrepreneurial experience, Mrs T Herath possesses strong leadership and human resource management skills. She is a founding member of many businesses in Sri Lanka in construction, feng-shul, science, health (Island Pharmacy chain) and education (Asian International School).
Mrs. Priyanthi Pieris Independent Non-Executive Director
Mrs Priyanthi Pieris is an Attorney-at-Law of the Supreme Court of Sri Lanka and a Solicitor of England and Wales. With over 40 years of experience in the field of corporate and securities law, Mrs Pieris™ expertise spans handling corporate restructuring, privatizations, capital market transactions, take-overs, mergers, and amalgamations. Mrs Pieris also serves on the Boards of JAT Holdings PLC, Associated Electrical Corporation Ltd, MTN Corporate Consultants (Pvt) Ltd and is the current Chairperson / Consultant of P W Corporate Secretarial (Pvt) Ltd “ a firm that provides capital market-related services to listed companies.
Mrs Pieris also served as the Legal Adviser to the Ministry of Finance from 2002 to 2004. She was a legal consultant to the Colombo Stock Exchange (2004-2011). Also, she served as a Member of the Committee of the Securities and Exchange Commission of Sri Lanka on Takeovers and Mergers Code and as a Member of the Corporate Governance Committee of the Institute of Chartered Accountants; she is a Member of the Law Commission. She has served on the boards of Asia Asset Finance PLC (2012-2021), Abans Electricals PLC (2012-2021), and LOLC Finance PLC (2012-2021).
Mr. Tishan Subasinghe Independent Non-Executive Director
Mr Tishan Subasinghe is the Managing Director and Joint Managing Partner of Moore Stephens Consulting (Private) Limited and Moore Stephens Aiyar, respectively. Additionally, he is a Council Member of the University of Moratuwa, the Chairman of the Sanasa General Insurance Company Limited, and is a Director at Amana Bank PLC, having previously served as the Head of Audit and Assurance at BDO Partners. Mr Subasinghe is a specialist in information systems auditing and is a Certified Information Systems Auditor (CISA-USA) and also holds an MBA in Finance from the University of Colombo.
His influence and expertise are global as he maintains working relationships with PwC in New York, Philadelphia and Botswana, having received international training in the USA, Hong Kong, Bangkok, Hyderabad, Mumbai, Malaysia, Indonesia, Rome and others in areas such as Sarbanes Oxley section 404 integrated audits, audit software and the adoption of IFRSs. He is also a visiting lecturer and trainer at leading local and foreign universities, while also being a member of the Presidential Commission for the Simplification of Laws and Regulations, and the CBSL™s Advisory Committee for the revival of failed Licensed Finance Companies.
Mrs. Manohari Abeyesekera Independent Non-Executive Director Â
Manohari Abeyesekera is a Chartered Accountant and Chartered Global Management Accountant who has 20 year plus post qualifying experience serving in leadership C suite Executive positions in both private and state sector in Sri Lanka. She currently serves as a Global Council Member of Chartered Institute of Management Accountants (CIMA UK), Council Member of the Sri Lanka Institute of Directors (SLID), and a Board Member of Sri Lanka Accounting and Auditing Standards Monitoring Board (SLASSMB), which serves as a regulator. Manohari completed a three-year Board Stint in January 2023 as an Independent Non-Executive Director/ Chairperson -Audit Committee of the National Savings Bank (NSB).
Previously, Manohari served the Hayleys Group, in multiple leadership roles during an 18-year stint. She was attached to Hayleys PLC, the parent company, and served as the Head “ Strategic Business Development. Responsible for the Group™s acquisitions exceeding US $ 200 Mn, listing subsidiaries in the Colombo Stock Exchange and restructuring loss making entities. Manohari was the focal point of contact at Hayleys Group for Embassies Chambers and UN Global Compact and was instrumental for Hayleys signing the UN CEO Water Mandate. She was involved in project financing liaising with multi-lateral development agencies such as Asian Development Bank (ADB), International Finance Corporation (IFC) and DEG Bank Germany. In May 2019, Manohari was seconded as the Director “ Strategy & Business Development at Fentons Limited, the engineering arm of Hayleys Group. Manohari also served as a Director Hayleys Group Services (Pvt.) Ltd, the Group™s Company Secretarial arm from year 2012- 2020.
An Alumna of KPMG, Manohari is a Fellow of Chartered Institute of Management Accountant (CIMA-UK) and the Institute of Chartered Accountants of Sri Lanka. She read for the MBA from University of Colombo. Manohari has received many awards for Women Leadership “Women in Management SL (2012), World Women Leadership Congress -Mumbai (2015) and South Asian Partnership Summit1]Dhaka (2017).
Suresh Subasinghe “ Independent Non-Executive Director
Mr. Suresh Subasinghe is a celebrated technology expert and visionary leader, recognized for his deep knowledge in digital transformation, enterprise architecture, and innovation. Throughout his distinguished career, he has co-founded and led technology firms, championed digital and e-commerce platforms for Fortune 100 companies, and directed strategic shifts in the global financial sector. As the Managing Partner of San Francisco-based Arc75 Inc., Mr. Subasinghe co-founded an agency specializing in AI, MarTech, and Personalization solutions for Fortune 100 companies, particularly in high-compliance sectors such as Travel, Healthcare, and Fintech.
Under his leadership at Wellpay, a San Mateo firm, they developed digital healthcare products serving over a million patients, generating revenues of $250 million. At Air Canada, he launched the groundbreaking Digital Experience Platform, foundational to the company™s $15 billion e-commerce and loyalty programs. With United Airlines in Chicago, he spearheaded the cloud transformation of their $45 billion Ecommerce and Loyalty platforms, and initiated key projects establishing Enterprise AI Platforms and integrating IoT into operations, resulting in over $100 million in savings. At Zurich Financial Services, his global approach facilitated strategic technology projects across the US, Switzerland, and the UK.
Mr. Subasinghe earned his MBA from Duke University, North Carolina, in 2010 and holds a Bachelor of Science in Computer Engineering from the University of Utah (2002-2005). In 2019, he completed the Executive Program in Artificial Intelligence at the University of Toronto, Canada.
Company Secretary
Kreston Corporate Services (Pvt) Ltd No.74A, 02nd Floor, Advantage Building, Dharmapala Mawatha, Colombo 07, Sri Lanka
Registrars
Central Depository Systems (Pvt) Limited, Ground Floor, M & M Centre, 341/5, Kotte Road, Rajagiriya Telephone: 0112356444 Email: registrars@cse.lk
Auditors
Ernst & Young Chartered Accountants, Sri Lanka 201, De Saram Place, Colombo 10
Corporate Governance
Board of Directors
Board committees
1.Audit committee
2.Remunuration committee
3. Related party transaction
Risk Management
Investor relations
Share Holder Information: KAPRUKA HOLDINGS PLC | KPHLN000 | ISIN: LK0842N00006
Contact Us
We welcome your comments and suggestions on further improving the readability and relevance of our report and kindly invite you to direct your feedback to:
Mr. Tharindu Silva, Assistant Accountant
Addresses: No. 147 Kottawa Road, Nugegoda
Contact No: +94 702398403
Email: tharindus@kapruka.com
Website: www.kapruka.com