Sandeep Patil

Partner, Head of Asia

2020 - Current

I head QED's investments into Asia. I am a Board member and advisor at Jupiter, OneCard, Refyne, UpSwing and Leo1. Over my career spanning more than two decades, I have developed and executed major growth strategies and led, operated, advised, and invested in companies of all sizes in the USA, the UK, India and Southeast Asia. I strive to provide the best advice that you can get as a founder, not just capital, and hopefully help you make fewer mistakes than I, and we all at QED made in our past while running businesses. QED is a premier VC in the fintech space. We are operators well regarded for our expertise, engagement, and empathy. We invest in pragmatic disruptors who are building for the future of finance. We now count 25 unicorns in our portfolio, having made over 150 investments across 13 countries in 14 years.

Board Director

2020

FPL powers two products -- OneCard (re-imagined Credit Card for mobile first Indians) and OneScore (app to find, understand and monitor your financial health for free)

Board Director

2021

Jupiter is a digital retail banking platform for Indian millennials.

Board Advisor

2020

Refyne partners with organizations to help build their staff's financial resilience and nurture a productive and happy workforce.

Board Director

2021

Upswing is building an ecosystem platform to provide consumer-centric solutions, compliance and security infrastructure for connecting banks, fintechs and consumer technology companies

Board Director

2022

Board Director

2022

Financepeer is creating financial tools for schools/ learning institutions, parents and students to enable affordable access to quality education.

Board Observer

2022

Managing Director and Chief Executive Officer - India

2019 - 2020

Truecaller is an emerging markets focused communication app that is loved by over 200 million monthly active users globally. With 150 million monthly users in India, Truecaller is the country’s largest independent user platform and a household brand that is part of popular culture. As Managing Director, I am: + Chief Executive Officer (CEO) for India responsible for making major corporate decisions, managing the overall operations and resources, communicating with country ecosystem and regulators, and being the public face of the company. India is Truecaller's home market accounting for 70% of users and revenues, and majority of our staff. Bengaluru serves as our India head quarter; Gurugram and Mumbai being other offices. + Responsible for global growth and revenues from a. Global Advertisements which provides brand and audience solutions globally. b. Financial services. We launched UPI payments in India and are building credit and other financial services products with ecosystem partners. c. User authentication platform for developers in India and Africa d. Demand generation and subscription business for MSMEs and enterprises We grew revenues at 70+% and turned profitable. This is an important milestone on our journey to IPO in next few years.

Advisor

2018 - 2020