Mumbai: QED Investors, global fintech venture capital firm, has appointed Kshitij Jayakrishnan as Principal, based in Bangalore.
With more than a decade of experience in venture capital and consulting, Jayakrishnan will work closely with Sandeep Patil, Partner and Head of Asia, to lead QED’s early and growth-stage fintech investments across India, Southeast Asia, and the broader APAC region.
Jayakrishnan joins from Elevation Capital, where he spent seven years shaping fintech and gaming strategies. He led over 20 notable investments, including Scapia, Dezerv, Mintifi, ZFunds, and FamApp, and was instrumental in positioning Elevation as a key player in India’s fintech evolution. He has also authored several market theses, podcasts, and reports and is known for spotting trends and backing category-defining founders early. Previously, he worked with Bain & Company and is an alumnus of IIT Bombay.
“We are thrilled to welcome Kshitij to QED,” said Patil. “QED’s progress in India and APAC comes from backing ambitious founders with deep fintech expertise, long-term capital and guidance through regulatory and market complexities to build enduring, category-defining businesses. Kshitij brings strong regional expertise and is highly respected within the founder community. I am sure he will be an outstanding addition and will help us to accelerate our mission.”
This appointment reinforces QED’s strong focus on Asia, where it has invested $220 million since 2020 in companies including Efficient Capital Labs, Jupiter, OneCard, Refyne, and Upswing. The firm recently announced plans to deploy an additional $250–$300 million across India and APAC in the coming years.
“I’m excited to join QED at this pivotal moment as Asia’s fintech ecosystem evolves at an extraordinary pace,” said Jayakrishnan. “QED’s deep sector expertise, founder-centric culture and track record of supporting transformative companies globally stand out in the industry. Today, I believe the most compelling opportunities lie in applying AI to financial services, evolving cross-border payments rails, building sophisticated wealth platforms and in high-growth consumer and enterprise startups embedding fintech. I look forward to applying QED’s operator-led approach to partner with ambitious founders building generational companies that will transform financial services across the region.”
