Pantomath Group announces first closure of pre-IPO fund
Financial services firm Pantomath Group on Wednesday announced the first closure of its ₹ 500-crore pre-IPO fund ‘India Inflection Opportunity Fund’.
The fund will invest in diverse pre-IPO opportunities, lined up with India’s rising economy, in three broad themes including Make in India, rural consumption and impact investing.
The fund has reported its first closing of about 25% of its target corpus, with participation by marquee anchor investors. It has received investment participation from global and domestic family offices and high net-worth investors.
Madhu Lunawat, Fund Manager said, “India Inflection Opportunity Fund is focused on under-penetrated businesses with established foundation and visible growth trajectory. We would like to focus on huge addressable market opportunity avoiding ventures with negative cash flows and bleeding balance sheets. Our India Inflection Opportunity Fund will provide the growth capital to various enterprises through active ownership approach.”
About Pantomath Group
Pantomath Group is the leading platform for emerging businesses. With competent presence in investment banking backed by strong transaction & corporate advisory, the Group has expanded into asset management, stock broking & DP services.
With a team of more than 100 members, Pantomath management is led by professionally qualified and versatile think-tank.
The Group has recently setup NBFC as well. Pantomath has earned records like raising highest amount of funds in for emerging companies, highest institutional deals in alternate capital market space, fastest turnaround time and the like.
We have to its credit several prestigious awards and accolades. Pantomath positions itself as thought leader in the alternate capital market space and undertakes numerous initiatives for entrepreneurial encouragement and investor awareness.
Source: Economic Times
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