Tamil Nadu on the Radar for The Wealth Company Expansion Plans

Mumbai-based The Wealth Company Asset Management Pvt Ltd, previously known as Pantomath Capital Management, intends to grow its presence in Tamil Nadu, aiming for a three-fold increase in assets under management (AUM) from major cities like Chennai, Coimbatore, Madurai, and Tiruchirappalli. Currently, Chennai makes up 5. 15% of the company's AUM, and The Wealth Company plans to raise this figure to 15%. This growth strategy is part of the company’s plan to strengthen its position in the region. The Wealth Company is recognized for its quick capital raising and deployment abilities, as well as its market-leading exit strategy. The firm has successfully raised over INR 4000 Cr in AUM in just one year. Ms. Madhu Lunawat, the Managing Director, explained the unique approach that has fueled the firm's growth. She stated, “As India’s investor ecosystem evolves, it’s crucial to seize wealth creation opportunities with a solid 'Exit Ideology'. Investors are now very aware t...