We are thrilled to announce that Arpit Beri and Rishab Malik have both been promoted to Managing Partners.
We have been investing in India since 2015, when we backed early teams like Livspace and Moglix, and went on to lead venture-growth rounds for companies such as Paysense (acquired by PayU), among others. Over the last five years, Arpit—leading our venture-growth investments—and Rishab—driving our pre-seed and seed efforts—have taken the portfolio and the Jungle brand to new heights. Their leadership, judgment, and build-to-last approach have played a defining role in shaping our presence in India.
Today, our India portfolio includes 30+ companies with a cumulative market cap of $8.5B, featuring category leaders across all vintages, such as Atomberg, Turtlemint, Leap, Infinity Fincorp, CityMall, BetterPlace, Sanlayan, Esc Plan, Distil, Pratilipi, Livspace, Moglix, and Waterfield Advisors, along with many other emerging champions across sectors. It has been a remarkable compounding journey in just 10 years, and a testament to the quality of founders that have chosen to partner with us.
I am also pleased to share that Karissa Adelaide, part of our South East Asia team and Vishesh Sharma in India have both been promoted to Principals. Watch out for this next generation of leaders in the making, each of them has already demonstrated exceptional insight, grit, and ownership.
Our in-market leaders are all homegrown, which underpins Jungle’s philosophy of nurturing talent and building leadership from within. We’re grateful for their commitment and the collective drive of the entire team. And we’re just getting started.
On behalf of everyone at Jungle, congrats Rishab, Arpit, Vishesh and Karissa.