US-based VC firm QED to deploy $300-M in fintech startups in India, APAC: report
Virginia, US-based venture capital firm QED Investors is planning to deploy between USD 250 million and USD 300 million in early and growth-stage startups, across India and the Asia Pacific region. The firm will focus on fintech ventures.Founded in 2007 by Nigel Morris (co-founder, Capital One), QED has backed global fintech players like Credit Karma, Remitly, NuBank, and Klarna. Its India portfolio includes early investments in firms such as Jupiter, OneCard, Upswing, and Efficient Capital Labs.
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