The Wealth Company has boosted the confidence of Amnex Infotechnologies with an investment of Rs. 460 Cr. The asset management arm of The Wealth Company, the Pantomath Group has committed Rs. 460 Cr i.e., around $52 Million from its Bharat Value Fund (BVF). The fund is managed by The Wealth Company under the India Inflection Opportunity Trust, invests in growth-focused enterprises aligned with India’s domestic consumption. It has been active in recent months, adding companies including Haldiram Bhujiawala and Prisma Global to its portfolio.
Founded in 2008 by Aditya Shah and Tapan Gosaliya, this Ahmedabad-based company has developed more than 18 proprietary platforms that combine loT, GIS, AI/ML, blockchain, and analytics to support large-scale, mission- critical operations. It delivers integrated solutions across sectors including traffic management, utilities, mining, logistics, smart cities, mobility, and agriculture. The company’s offerings blend open digital public infrastructure-aligned platforms with proprietary tools, enabling service delivery and operational optimisation for diverse industries. With an asset-light business model, strong order pipleline, and execution record, Amnex has positioned itself among India’s fastest-growing technology infrastructure players. The company posted a 75% compound annual growth rate over the past three years while maintaining a return on capital employed above 40%.
Founder and Managing Director Madhu Lunawat of The Wealth Company oversees nearly Rs. 10,000 Cr in client assets across multiple AIFs, including the Bharat Value Fund series and the India Inflection Opportunity Fund. On July 18, 2025, it also received SEBIs final approval to operate as an asset management company under mutual fund regulations. She mentioned in a statement that India’s digital infrastructure investments rose to Rs. 1.19 lakh crore in 2024, growing at nearly 10% CAGR, driven by major national programs including Digital India, India Stack, and The National AI Mission. She also added, “As technology adoption accelerates across every sector, powerful economic tailwinds are taking shape, fuelled by platform-led transformations, intelligence-driven service delivery and universal last-mile access. In this fast-expanding white space, Amnex stands out with a porven track record, deep domain mastery and scalable technology capabilities, poised to unlock significant value and shape the next chapter of India’s digital growth story”.
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