QED will invest $500 million in Indian startups

Sandeep Patil, partner and head of Asia at the fintech-focused venture capital firm, announced that in a span of three years, QED investors will be investing $500 million in Indian Startups. This capital firm majorly focuses on fintech-based companies. It has already invested $15 million in the Indian market since last year. Neobank Jupiter, Refyne, Upswing, FPL technologies are some of the companies that received funds from the capital firm. The firm focuses on investing in companies in various rounds such as pre-seed, seed, series A, series B, and so on. Mr. Patil said: We are focusing broadly on two buckets. First is what we call embedded finance, where financial services can be a source of economic advantage for companies. The second is new asset classes such as crypto. We are not first and forward… we are thoughtful, conservative, and a unit economics-driven investor. We are thinking deeply about it. Crypto is here to stay and the decentralised nature of the asset class makes it more resilient to volatility and local regulations.”  Mr. Patil also said it is ready to invest anywhere between below $1 million to $50 million. It is also looking at the possibilities to invest in the crypto market in the future.