# DMI Alternative Investment Fund

> DMI Alternative Investment Fund is a VC fund backing SaaS, Mobile and FinTech. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Sep 2022
- Lead investor: 0%
- Last updated: Aug 2026

DMI Alternative Investment Fund is a VC fund focused on SaaS and Mobile. DMI Alternative Investment Fund operates as an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 33% |
| Mobile | 1 | 33% |
| FinTech | 1 | 33% |
| Payments | 1 | 33% |
| Software | 1 | 33% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Series A | 1 | 33% |
| Series C | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| M2P Fintech | M2P Fintech specializes in building financial infrastructure and offers a wide range of solutions across payments, lending, and banking. | $4M | Series C | Sep 26, 2022 |  |
| QueueBuster | QueueBuster™ is India's business super app. It is a powerful Android-based Mobile POS application for all kinds of businesses. From large format retail stores to small carts and kiosks, QueueBuster™ has everything that you need to run your business with ease. With features like Billing, Inventory, Khata, Online Dukaan, Customers, and Loyalty,it is the most sought-after solution for SMBs and MSMEs. | $8.1M | Series A | Jun 13, 2022 |  |
| ASQI Advisors | ASQI stands for Advanced Statistical and Quantitative Intelligence It was founded in early 2019 as a carve-out from a global quant hedge fund. Our focus is to build a world-class technology platform that offers advisory, access and markets across equity, debt, multi-asset and alternate assets. We use quantitative analysis, artificial intelligenceand blockchain technology to achieve that. | $1M | Seed | Dec 13, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [DMI AIF Sparkle Fund](https://shizune.co/investors/profile/dmi-alternatives) — VC Fund, 2 deals together
- [Founder's Room Capital](https://shizune.co/investors/profile/founder-s-room-capital) — VC Fund, 2 deals together
- [Omidyar Network India](https://shizune.co/investors/profile/omidyar-network-india-050e) — VC Fund, 2 deals together
- [Flourish Ventures](https://shizune.co/investors/profile/flourish-venture) — VC Fund, 1 deal together
- [Chiratae Ventures](https://shizune.co/investors/profile/idg-ventures) — VC Fund, 1 deal together
- [iSeed](https://shizune.co/investors/profile/iseed-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does DMI Alternative Investment Fund invest in?

DMI Alternative Investment Fund invests primarily in SaaS, Mobile and FinTech startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did DMI Alternative Investment Fund last invest?

The most recent investment recorded for DMI Alternative Investment Fund closed in Sep 2022. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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