The Wealth Company Asset Management, part of the Pantomath Group, has committed 460 crore rupees (US$52 million) from its Bharat Value Fund to Amnex Infotechnologies, an Ahmedabad-based tech solutions provider.

Amnex, founded in 2008, develops more than 18 proprietary platforms combining IoT, GIS, AI/ML, blockchain, and analytics for sectors such as traffic management, utilities, mining, logistics, mobility, agriculture, and smart cities.

Amnex reported a 75% compound annual growth rate over the past three years and a return on capital employed above 40%, based on company figures.

The Bharat Value Fund, managed by The Wealth Company, focuses on late-stage, growth-oriented Indian firms and recently added Haldiram Bhujiawala and Prisma Global to its portfolio.

🔗 Source: YourStory