Sandeep Patil

Sandeep Patil

Partner and Head of Asia Investments, QED Investors

Sandeep joined QED Investors in 2020 in London as a partner and heads the fund’s investments into Asia. He holds board positions at several large technology companies, such as OneCard, Jupiter, Refyne, Upswing, Efficient Capital Labs, FinancePeer, Pashouses, and Skor.

In a career spanning two and half decades, he brings extensive experience in consumer internet and is a global veteran of the banking and financial services industry. He has developed and executed major growth strategies and led, operated, advised, and invested in companies of all sizes in the United States, the United Kingdom, India and Southeast Asia.

Before joining QED, as the Managing Director and CEO for India, Sandeep paved the way for the IPO of Truecaller at a multi-billion valuation on Nasdaq. He grew the company fourfold in revenues over two years leading global Advertising, Fintech and Enterprise businesses. Earlier, he was part of the leadership team at Flipkart and played a critical role in the group’s strategy and growth initiatives. As Group Head of Strategy, Sandeep contributed to the $ 4 billion fund-raise from Softbank and other investors and the eventual sale to Walmart. As general manager and P&L owner, he built the Home and Furniture e-commerce division of the company. Later, as Fintech Business head, he successfully scaled consumer, SME, and vendor financing products, benefiting over 1.3 million borrowers.

Sandeep was based in the U.S. and the U.K. in the first 15 years of his professional life. He started at Capital One in the U.S., developing credit products for underserved and upmarket consumers. Subsequently, he joined Actis Capital, a London-based growth equity fund, where he identified investment opportunities in India, SEA and Africa. Thereafter, Sandeep was at the London office of McKinsey and Company, where he provided strategic guidance to prominent banks, insurers, and investors across Southeast Asia, the United States, and Europe, particularly in growth and mergers and acquisitions.

Sandeep holds a B.Tech. from the Indian Institute of Technology (I.I.T.), Mumbai, India and an MBA from the London Business School.

Sandeep is based in Menlo Park, USA and London, UK and frequently travels to India, Singapore, Southeast Asia and Japan.

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