Karma Fight League (Pvt) Ltd, South Asia’s largest K-1 kickboxing fight promotion, has secured strategic investment as it continues to strengthen its position within the region’s growing combat sports industry.

The investment is led by venture capitalist Raveen Wickramasinghe, who has been appointed Chairman. Raveen brings nearly 15 years of senior leadership experience as CEO of Ruhunu Hospital and President of the Association of Private Hospitals and Nursing Homes (APHNH). A serial entrepreneur and board-level strategist, he has a proven track record in scaling businesses and driving long-term value creation.

“The three co-founders Ilham Hossen, Kaushika Withanage, and Dayan Samarasekara have done an exceptional job building a strong platform with professionally produced events, international-level competition, and consistent audience growth. My focus now is on strengthening governance, raising strategic capital, scaling operations, and unlocking the full potential of KFL in sports entertainment and regional sports tourism, creating meaningful opportunities for investors and stakeholders alike,” said Raveen Wickramasinghe.

Among the new investors are Sentered Media (Pvt) Ltd, led by entrepreneur Sharon Waduge, a tech founder exploring investments in emerging, high- growth ventures such as Karma Fight League, and Addiscombe Capital Partners (Pvt) Ltd.

The investment brings together the league’s founding team and a group of strategic investors with backgrounds in business, finance, and technology, strengthening both leadership and execution as the organisation grows.

Combat sports have seen steady growth across Asia in recent years, driven by rising viewership, sponsorship interest, and stronger regional fan engagement. Within this context, Karma Fight League has emerged as the leading K-1 platform in South Asia.

Industry observers note that this combination of founder-led execution and structured private investment sets Karma Fight League apart from many fight promotions in the region.