Sandeep Patil


Sandeep Patil

Sandeep brings a wealth of experience to the QED team from his years of experience in finance and banking as well as his operating experience at Truecaller and Flipkart. We could not be more pleased to have Sandeep leading QED's charge into Asia.

About Sandeep Patil

Sandeep joined QED in 2020 in London as a partner and heads the fund’s investments into Asia. His portfolio includes Refyne, OneCard, Jupiter, FinancePeer, Upswing, Pashouses, Skor and ECL.

He brings extensive experience in consumer internet and is a global veteran of the banking and financial services industry. With a career spanning over two decades, 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.

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. Sandeep then transitioned to 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.

In pursuit of new challenges, Sandeep relocated to India for the next phase of his professional journey. He joined Flipkart, India's largest e-commerce company, as part of the senior leadership team. As Business Unit Head, he was the general manager and P&L owner for the Home and Furniture e-commerce division. As the Group Head of Strategy, he contributed to securing a $ 4 billion fundraise in 2017 and facilitating the successful acquisition of Flipkart by Walmart in 2018. Additionally, as Business Head of Fintech, Sandeep successfully scaled consumer, SME, and vendor financing products, benefiting over 1.3 million borrowers.

Thereafter, he was the Managing Director and Chief Executive Officer for India at Truecaller, a consumer technology company with over 250 million monthly users. He directed global Adtech, Fintech and Enterprise businesses, overseeing an increase of 4x in revenues to over $100 million in two years and paving the way for the company’s IPO.

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

Though an avid license holder for paragliding and deep sea diving, Sandeep’s most incredible adventures these days are with his two sons in the parks of London.

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