The firm’s focus in fintech spans payments, lending, insurance, wealth management and brokerage services. “These are services which are required by the entire population, not just one part of society,” said Beri. “The first generation of business models catered to the top tier. The second generation of business models will serve everyone else.” Jungle Ventures also remains bullish on consumer brands, and is scouting for companies that can master product distribution while maintaining long-term market relevance, he added.
