• Startup Pulse
    GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating.
  • Kshitij Jayakrishnan Joins QED Investors as Principal in Bangalore

    Kshitij Jayakrishnan

    ALEXANDRIA, Va.: Fintech venture capital firm QED Investors has strengthened its Asia presence by appointing Kshitij Jayakrishnan as Principal.

    Based in Bangalore, Jayakrishnan will work closely with Sandeep Patil, Partner and Head of Asia, to lead early- and growth-stage fintech investments across India, Southeast Asia, and the broader APAC region.

    Kshitij Jayakrishnan to Lead Fintech Investments Across Asia

    With more than a decade of experience in venture capital and consulting, Kshitij Jayakrishnan brings deep expertise to QED Investors. He previously served at Elevation Capital, where he played a pivotal role in fintech and gaming investments.

    Over his seven-year tenure, he led more than 20 high-impact deals, including Scapia, Dezerv, Mintifi, ZFunds, and FamApp. His leadership helped shape Elevation’s strategic approach to India’s rapidly growing fintech ecosystem.

    Also Read: Credgenics Acquires Arrise, Launches CG Setu to Transform Field Collections

    At Elevation, Jayakrishnan was also known for publishing market theses, reports, and podcasts, which gained recognition for identifying emerging industry trends and supporting category-defining founders early.

    Before Elevation, he worked with Bain & Company, advising private equity, automotive, and financial services clients. He is an alumnus of IIT Bombay.

    QED Investors Strengthens Commitment to India and APAC

    Welcoming the appointment, Sandeep Patil stated: “We are thrilled to welcome Kshitij to QED. His regional expertise and respect within the founder community make him an outstanding addition to our team. With his leadership, we aim to accelerate our mission of backing ambitious founders and building enduring fintech companies across Asia.”

    Since 2020, QED Investors has invested $220 million in Asia, backing companies such as Efficient Capital Labs, Jupiter, OneCard, Refyne, and Upswing. The firm recently announced plans to deploy an additional $250–300 million in India and APAC in the coming years.

    Also Read: TIFIN Launches Multilingual AI Hub in India to Expand Global Financial Access

    Vision from Kshitij Jayakrishnan

    On his appointment, Kshitij Jayakrishnan said: “I’m excited to join QED at this pivotal moment as Asia’s fintech ecosystem evolves rapidly. QED’s founder-centric culture, deep sector expertise, and track record of supporting transformative companies stand out globally. The most compelling opportunities lie in AI applications in financial services, cross-border payments, advanced wealth platforms, and high-growth consumer and enterprise fintech startups. I look forward to partnering with visionary founders building generational companies.”

    Founded in 2007 by Nigel Morris and Frank Rotman, QED Investors is headquartered in Alexandria, Va. The firm invests exclusively in disruptive financial services companies worldwide, with a hands-on approach that leverages decades of entrepreneurial and operational expertise. Notable portfolio companies include Nubank, SoFi, Klarna, Credit Karma, Flywire, Remitly, and Bitso.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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