Cedar-IBSi Capital is the region’s leading early-stage FinTech venture capital fund, primarily focused on B2B FinTech and Financial Services-Infrastructure companies. The $20-25mn fund has achieved a First Close and has completed initial investments in Cogniquest and WonderLend Hubs, both disruptive advanced solutions that address large market opportunities in BFSI and beyond.

The fund is built on the legacy Cedar Consulting (www.cedar-consulting.com) and IBS Intelligence (www.ibsintelligence.complatform, which comprises over 60 years of research and consulting experience for Banks and Technology players globally. The fund’s Managing Partner, Sahil Anand, in his prior role, co-created the region’s only FinTech Lab, which has demonstrated a strong track-record of accelerating 55+ B2B FinTechs across the region (www.cedaribsifintechlab.com).

The fund is independently structured, follows a classic LP-GP model, and is backed by leading institutional and family office investors across the region.

What makes Cedar-IBSi Capital unique is our strong ability to add transformational value across tangible areas for founders in our portfolio, leveraging the fund manager’s past experiences in the world of FinTech, combined with the Cedar platform’s 60+ year-old credibility and expertise in this space We can make capital work like no other.

Category: Category II Alternative Investment Fund
Registration Number: IN/AIF2/22-23/1185
Investment Manager: Cedar-IBSi Ventures Private Limited

Pillars of Strength

Unmatched advantages that power our edge in FinTech investing
B2B FinTech/BankTech Focus
  • An under-leveraged opportunity and is core to the evolution of the wider FinTech ecosystem
  • Cedar-IBSi’s strong competitive advantage lies in our 60+ year research and consulting track-record in the BankTech space
  • Allow the fund to focus on profitable and scalable technology businesses with clear unit economics
Proven founder value-add
  • Subject matter expertise
  • Access to Cedar-IBSi ecosystem
  • Banking network
  • Cedar-IBSi FinTech Lab
  • Visibility with the right audience
  • Global expansion support
  • In-house mentorship
In-house FinTech Lab
  • Cedar-IBSi’s FinTech Lab has been home to 55+ well-recognized FinTechs since 2018
  • Marketplace model and cohort programs help FinTechs boost growth across areas
  • Multi-region lab between the GCC, India, and Europe
  • $850 mn+ successfully raised by past and current lab members
Competitive edge
  • Multiple proprietary sources of founder relationships and deal flow ​
  • 75+ in-house FinTech experts to supplement the due-diligence process
  • Significant ability to create value and operate portfolio companies, leveraging Cedar-IBSi’s platform
FinTech super-specialists
  • 30+ year track-record of transforming 300+ banks and globally whilst driving business and FinTech strategy​
  • Trusted advisor to 700+ global FinTechs across segments on product, growth, and market strategy​
  • Proprietary research and data portals on FinTech players and trends. 4,500+ FinTechs profiled by our teams​
  • In-house team of FinTech experts and consultants. 500+ years of cumulative experience
Exclusive access
  • 1-1 relationships with founders
  • 70+ FinTechs screened weekly by Cedar-IBSi
  • Proprietary FinTech directories
  • FinTech lab members
  • Research Coverage
Fulcrum of global FinTech
  • 360° research coverage
  • Daily news coverage, leadership interviews, & conversations
  • Cedar-IBSi FinTech Lab
  • Annual IBSi League Tables and rankings
  • Annual global events & knowledge conferences
Strong fund manager network
  • Global clients & network
  • Strong educational institution associations
  • Active business networks
  • Associations with key industry bodies

Investment Philosophy

Leveraging more than 60+ years of research and advisory experience, the fund will heavily focus on B2B FinTech, with a double-click on banking infrastructure/BankTech, which is a strong knowledge competitive advantage of the fund and our platform
B2B Financial Infra/BankTech
B2B Financial Infra/BankTech is an under-leveraged opportunity

Often taken for granted and requires expertise of use-cases & technology. This is our key competitive advantage. Multiple Indian banking infrastructure firms have grown in our FinTech Lab.

Backing credible experienced Founders
Backing credible experienced Founders, focusing on the right metrics

FinTech and Banking veterans, with complimentary skillsets building B2B product-oriented companies with strong unit economics with path to profitability in a defined timeframe.

Not afraid to enter early
Not afraid to enter early

We enter early-stage but revenue-stage when the company has at least 1-2 paying enterprise clients. This mitigates some risk. Additionally, our ability to value-create earlier via bank access is unique. This excites us.

Our exit strategy
Our exit strategy is multi-pronged and proprietary via strategics

Cedar and IBS Intelligence are trusted advisors to 200+ large global BankTech firms who are often seeking to acquire/invest in emerging players, especially in the B2B space. This provides proprietary exit channels to the fund.

Building in India
Building in India for the world, leveraging our platform’s global presence

Due to the geography-agnostic nature of B2B FinTech solutions, our ability to take portfolio cos to dollar revenue markets such as Europe and the Middle East is an important investment criteria

FinTech focus areas

Strong BankTech & FinTech focus across Cedar-IBSi’s expertise areas
FinTech focus areas
FinTech focus areas

Ecosystem partners

A unified ecosystem of expertise and innovation
AFN
CIFL
DIFC-Innovation
Muthoot Finance
SINE-IIT-Bombay
StartAD