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Enterprise
oi-Shubham Kumar
Mumbai-based Monetary Companies Agency, Pantomath Group has launched India Inflection Alternative Fund (IIOF), a Rs 500-crore pre-IPO fund with a green-shoe choice to take a further Rs 250 crore.
The closed-ended fund has already obtained 120-125 crore in investments and made its first funding in Inventys Analysis Firm, a speciality chemical bespoke synthesis and manufacturing agency.
IIOF, a Class-II various funding fund (AIF), intends to capitalise on the potential to have interaction in Indian improvement stage enterprises on the cusp of a big breakout at a pre-IPO stage, due to this fact investing with a transparent give attention to worth arbitrage whereas avoiding long-term danger.
The fund will spend money on a wide range of pre-IPO potentialities in three main themes: Make in India, Rural Consumption, and Influence Investing, all of that are linked with India’s rising financial system.
IIOF is managed by Pantomath Capital Administration.
The agency has developed industrial capabilities to undertake essential chemical processes, supported by six fashionable manufacturing items and a seven-acre R&D web site in Nagpur, Maharashtra. The agency has additionally acquired 17 acres of further property, which might accommodate 30 extra vegetation.
“India Inflection Alternative Fund is targeted on under-penetrated companies with established foundations and visual progress trajectory. We wish to give attention to the massive addressable market alternative, avoiding ventures with adverse money flows and bleeding steadiness sheets. Our fund will present the expansion capital to varied enterprises by an lively possession strategy,” stated Madhu Lunawat, Fund Supervisor of IIOF
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