Bharat Value Fund by India Inflection Opportunity Trust (IIOT) announces the First close of its Series 3 at INR 1,250 Crore
Mumbai, India – January 24, 2025: Bharat Value Fund- a category II AIF by India Inflection Opportunity trust has announced the first close of its third fund—Bharat Value Fund (BVF) Series 3—at INR 1,250 crore. The fund is managed by The Wealth Company Pvt Ltd, formerly known as Pantomath Capital Management Pvt Ltd. The milestone was achieved in a record 45 days, reaffirming the firm’s leadership in the mid-market Alternative Investment Fund (AIF) segment, especially in the closed equity segment. With a target corpus of INR 2,500 crore, including a green shoe option of INR 1,000 crore, BVF Series 3 underscores the firm’s commitment to driving growth in India’s entrepreneurial ecosystem.
This achievement builds on The Wealth Company’s remarkable fundraising trajectory. Over the past year, Bharat Value Fund has raised a total of INR 3,000 crore across Series 2 and Series 3, establishing itself as one of the fastest-growing funds in the AIF equity segment.
Commenting on the First Close of BVF Series 3 Fund, Madhu Lunawat, Managing Director, The Wealth Company said, “The Wealth Company is committed to fostering India’s mid-market growth through strategic investments and active ownership. We are humbled by the trust our investors have placed in our vision and execution capabilities. We remain dedicated to unlocking value for our stakeholders and driving the next phase of growth in India’s entrepreneurial ecosystem.”
At the core of The Wealth Company approach is a sector-agnostic investment thesis focused on resilient, asset-backed businesses. Through Bharat Value Fund, the fund targets mid-market, high-growth enterprises with revenues between INR 300 crore and INR 1000 crore. These businesses, often rooted in Tier 2 and Tier 3 cities, are strategically positioned for scale, profitability, and value creation. The fund emphasizes structured exit strategies, including IPOs within 30-36 months, while offering alternative paths such as PE or M&A.
The Wealth Company adopts an active ownership model, providing portfolio companies with comprehensive support in strategy, recruitment, business development, and corporate governance. This approach ensures sustainable value creation while delivering consistent returns for investors.
The Wealth Company’s AIF business has demonstrated unparalleled momentum in the alternative investments space. BVF Series 1 raised INR 500 crore in 2023, establishing a foundation for growth in the mid-market segment. BVF Series 2 further cemented the confidence of the investors and got commitments of more than INR 1800 crore earlier this year. With the first close of the third fund at INR 1,250 crore in record time, the company plans to achieve the full target corpus of INR 2,500 crore by mid-2025.
This success reflects the firm’s deep understanding of mid-market opportunities and its ability to attract investors seeking high-growth, scalable opportunities in the Indian market.