Latest news with #Amnex
Economic Times
13 hours ago
- Business
- Economic Times
Pantomath Group arm invests Rs 460 crore in Amnex Infotechnologies
Pantomath Group Pantomath Group on Monday announced that one of its arms has invested Rs 460 crore into Amnex Infotechnologies for an undisclosed stake. Wealth Company Asset Management has made the investment in the Ahmedabad-based technology company through the Bharat Value Fund (BVF), a company release said. The 2008-founded Amnex offers complete technology solutions, starting from design and development to integration, leveraging hardware, software, data analytics, and Industry 4.0 tools, the statement said. The company has posted a compounded annual growth rate of 75 per cent over the last three years, and consistently delivered over 40 per cent returns on capital. "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," Wealth Company Asset Management's founder and managing director Madhu Lunawat said. Amnex's founder and managing director Aditya Shah said the company aims to design systems that anticipate human needs, dissolve barriers, and unlock the true potential of digital infrastructure. "With growth capital, deep expertise, and the courage to innovate at scale, we are ready to shape the operating system of tomorrow's societies -- more inclusive, more resilient, and profoundly human," Shah added. The company is working in diverse sectors including transportation, traffic management, utilities, mining, logistics, urban infrastructure and agriculture, and has a proven track record of executing complex, high-impact projects in mission-critical domains. The fund has completed half a dozen investments in the last six months, and recent portfolio additions include Haldiram Bhujiawala and Prisma Global, the statement said.
Time of India
14 hours ago
- Business
- Time of India
Pantomath Group arm invests Rs 460 crore in Amnex Infotechnologies
Synopsis Pantomath Group has invested Rupees 460 crore in Amnex Infotechnologies. Wealth Company Asset Management made the investment through Bharat Value Fund. Amnex, founded in 2008, offers technology solutions across various sectors. The company has shown strong growth with a 75% CAGR over three years. Amnex aims to innovate digital infrastructure for a more inclusive future.
The Star
a day ago
- General
- The Star
Landmark 19th Asean Navy Chiefs' Meeting gets underway in Penang
GEORGE TOWN: The 19th Asean Navy Chiefs' Meeting (ANCM) sees the inaugural participation of the Timor-Leste Navy delegation as an observer. This edition of ANCM also hosts the 3rd Asean Multilateral Naval Exercise (Amnex), a Naval Engineering Conference, and the Asean Navies' City Parade (ANCP). It is one of the Asean programmes under the Defence Ministry and is chaired by the Chief of the Royal Malaysian Navy (RMN), Admiral Tan Sri Dr Zulhelmy Ithnain. ALSO READ: Navy parade draws large crowds at Penang Esplanade ( Themed "Advancing the Asean Navies' Unity – Synergising Innovation and Technology in Strengthening Asean Maritime Security", the meeting was officiated by Defence Minister Datuk Seri Mohamed Khaled Nordin at a hotel here on Tuesday (Aug 19) morning. ANCM aims to enhance cooperation capabilities through multilateral exercises and fostering cohesion and mutual trust among Asean navies through engagement activities and dialogue sessions. It also facilitates direct coordination of maritime operations at the operational and tactical levels. ALSO READ: Penang to host 19th Asean Navy Chiefs' Meeting from Aug 18-22 ( The five-day event until Friday (Aug 22) involves 88 naval delegates from 10 Asean countries, along with the participation of 10 ships carrying approximately 1,350 officers and personnel for the Amnex segment. In conjunction with the ANCM, the city parade on Sunday (Aug 17) saw large crowds thronging the Esplanade in Jalan Padang Kota Lama here. It included a parade by the various participating nations' contingents, displays by local agencies, cultural performances, maritime asset salutes and RMN helicopter flypasts.
Time of India
2 days ago
- Business
- Time of India
Wealth Company Asset Management invests ₹460 cr in Amnex Infotechnologies
New Delhi: Wealth Company Asset Management on Monday said it has invested ₹460 crore through its Bharat Value Fund in Ahmedabad-based Amnex InfoTechnologies to scale artificial intelligence (AI) and smart marks the successful closure of Amnex's first growth capital funding round, the asset management firm said in a in 2008 by technocrats Aditya Shah and Tapan Gosaliya, Amnex offers complete technology solutions from design and development to integration leveraging hardware, software, data analytics, and Industry 4.0 tools (Internet of Things (IoT), Geographic Information System (GIS), Artificial Intelligence/ Machine Learning and Blockchain) for large-scale clients. The company has built more than 18 proprietary technology platforms to serve multiple industries, including traffic, mobility, utilities, mining, logistics, smart cities, and agriculture. These solutions are designed to enhance transparency, accessibility, and impact at scale. Bharat Value Fund (BVF) is a Category II Alternative Investment Fund (AIF) managed by Wealth Company Asset Management. Over the last six months, Bharat Value Fund is actively investing in India's growth story and completed half a dozen investments. A few of its recent portfolio additions include Haldiram Bhujiawala Ltd and Prisma Global Ltd .
News18
2 days ago
- Business
- News18
Pantomath Group arm invests Rs 460 cr in Amnex Infotechnologies
Mumbai, Aug 18 (PTI) Pantomath Group on Monday announced that one of its arms has invested Rs 460 crore into Amnex Infotechnologies for an undisclosed stake. Wealth Company Asset Management has made the investment in the Ahmedabad-based technology company through the Bharat Value Fund (BVF), a company release said. The 2008-founded Amnex offers complete technology solutions, starting from design and development to integration, leveraging hardware, software, data analytics, and Industry 4.0 tools, the statement said. The company has posted a compounded annual growth rate of 75 per cent over the last three years, and consistently delivered over 40 per cent returns on capital. '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," Wealth Company Asset Management's founder and managing director Madhu Lunawat said. Amnex's founder and managing director Aditya Shah said the company aims to design systems that anticipate human needs, dissolve barriers, and unlock the true potential of digital infrastructure. 'With growth capital, deep expertise, and the courage to innovate at scale, we are ready to shape the operating system of tomorrow's societies — more inclusive, more resilient, and profoundly human," Shah added. The company is working in diverse sectors including transportation, traffic management, utilities, mining, logistics, urban infrastructure and agriculture, and has a proven track record of executing complex, high-impact projects in mission-critical domains. The fund has completed half a dozen investments in the last six months, and recent portfolio additions include Haldiram Bhujiawala and Prisma Global, the statement said. PTI AA DRR view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
