We are a leading early-stage FinTech venture capital fund with a sharp lens on B2B FinTech and Financial Services-infrastructure companies. The fund has achieved a First Close and has completed initial investments in Cogniquest and WonderLend Hubs, both disruptive solutions that address large opportunities in Banking and Financial Services and beyond.

Our FinTech obsession and fund thesis are built on the legacy of Cedar Consulting (www.cedar-consulting.com) and IBS Intelligence (www.ibsintelligence.com), a platform that brings together over 60 years of research and management consulting experience with banks and technology players worldwide.

Our Founder, Sahil Anand, is credited for being the creator behind one of the region’s only FinTech Labs and ecosystems, which since 2017 has successfully accelerated more than 55 FinTechs across the region (www.cedaribsifintechlab.com).

Few understand FinTech as deeply as we do. The fund is dedicated to backing FinTech and BankTech infrastructure companies, powered by the expertise and track record of our investing and operating team. Our unique edge is in our ability to deliver transformational value to founders – combining the team’s experience with the Cedar legacy platform’s 60+ years of credibility and domain expertise. We make capital work like no other.

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

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

Pillars of Strength

The strengths behind our FinTech investing strategy
B2B FinTech/BankTech Focus
  • An under-leveraged opportunity and is core to the evolution of the global Financial Services ecosystem
  • Strong legacy and credibility via a 60+ year research and consulting track-record in this space
  • Focus on profitable and scalable technology businesses with clear unit economics
Proven founder value-add
  • Subject matter expertise
  • Access to mentors at Cedar and IBS Intelligence
  • CTO and wider Banking network
  • RFPs via the Cedar-IBSi FinTech Lab
  • Visibility with the right audience
  • Global expansion and GTM support
In-house FinTech Lab
  • History and credibility of assisting 55+ B2B FinTechs since 2017
  • Marketplace model and cohort programs help FinTechs boost growth across areas
  • Multi-region lab between Europe, the Middle East, and India
  • $850 mn+ successfully raised by past and current lab members
FinTech super-specialists
  • Built on a legacy of transforming FinTech for 300+ banks globally
  • Built on a legacy of advising 500+ global FinTechs on product, growth, and market strategy​
  • Proprietary research and data on emerging players and trends. 5,000+ FinTechs profiled by our teams​
Deep ecosystem access
  • 1-1 relationships with founders
  • 70+ FinTechs screened weekly
  • Proprietary FinTech directories
  • FinTech lab with regular cohorts
  • Global research across system types
  • 15+ annual summits and conferences
Strong fund manager network
  • Access to global FinTech strategics
  • Access to banks and financial services players across the region
  • Associations with key industry bodies

Investment Philosophy

B2B Financial Infra/BankTech
B2B FinTech/BankTech is an under-leveraged opportunity

Often taken for granted and requires expertise of use-cases & banking technology. This is our core competitive advantage. Multiple global banking infrastructure companies have scaled 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 product-oriented companies. Strong unit economics and a path to profitability are natural.

Not afraid to enter early
Not afraid to enter early

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

Building in India
Building in India for the world, leveraging our regional expertise

B2B FinTech solutions are geography agnostic. Our ability to take portfolio companies to dollar-revenue markets such as the Middle East and Europe is a key investment factor.

FinTech focus areas

A strong lens on key systems spanning across the Financial Services enterprise architecture
FinTech focus areas
FinTech focus areas

Ecosystem partners

Partnerships with key financial institutions and ecosystems in the region
AFN
CIFL
DIFC-Innovation
Muthoot Finance
SINE-IIT-Bombay
StartAD