Pantomath Group’s India Inflection Opportunity Trust (IIOT), a financial services firm based in Mumbai, has introduced the Bharat Value Fund (BVF) with a planned capital of Rs 2,000 crore.
This includes a primary amount of Rs 1,000 crore and an optional green shoe provision of the same value.
Bharat Value Fund (BVF) is the second Alternative Investment Fund (AIF) introduced by IIOT. BVF, which was introduced in April, is dedicated to targeting pre-IPO investment prospects in Indian growth-stage companies.
As per the company’s statement, the fund has successfully exercised the green shoe option of Rs 1,000 crore during the initial closing.
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The IIOT has successfully invested the whole amount of Rs 500 crore from its first fund, the India Inflection Opportunity Fund, within a span of eight months after its final close. During that period, it has made a total of eight investments, increasing its total number of investments to twelve.
Madhu Lunawat, CIO of IIOT, said: “Bharat Value Fund is designed to capitalize on the massive demographic opportunities in the mid-market segment that the Indian economy presents. We are confident that BVF will deliver robust returns and become a cornerstone of our investors’ portfolios, helping them achieve long-term growth and financial success,”
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