QED Investors Plans $250-$300 Million Investment in Startups across India and Asia Pacific
QED Investors, a venture capital firm based in the US, is targeting an investment of between $250 million and $300 million in early and growth-stage startups situated in India and the Asia Pacific region, as reported by ET.
The firm successfully closed a $925-million fund in 2023, with a prime focus on fintech ventures, expecting India to attract a substantial portion of these investments.
Sandeep Patil, who serves as the partner and head of Asia at QED Investors, remarked to ET that while there is no specific allocation by region, India continues to be a pivotal market. Other regions being evaluated include Indonesia, Singapore, Japan, and more countries within the Asia Pacific area.
Established in 2007 by Nigel Morris, a cofounder of Capital One, QED has supported leading global fintech entities such as Credit Karma, Remitly, NuBank, and Klarna. Patil pointed out an increasing emphasis on embedded finance and the integration of artificial intelligence within financial services.
In the last five years, QED Investors has allocated approximately $220 million in Asia. The firm’s portfolio in India features early investments in startups like Jupiter, OneCard, Upswing, and Efficient Capital Labs. Notably, in December, QED led a $25-million funding round for OneCard.
As highlighted by Startup Superb, venture capital firms concentrating on India have amassed over $4.2 billion up to April 2025, with multiple substantial funds ready to infuse more capital in the months ahead. In the current year, startups have reported securing $4.4 billion in total funding, a total that remains similar to figures observed in prior years.
