The India Inflection Opportunity Trust which is managed by Pantomath Capital Management and led by industry veteran Madhu Lunawat  has recently launched its second Alternative Investment Fund (AIF) called the Bharat Value Fund (BVF).

The new fund aims to raise a total of 2,000 crore, consisting of a base amount of 1,000 crore and an additional 1,000 crore from a green shoe option. The fund's first close has already secured commitments exceeding 1,000 crore, fully utilizing the green shoe option from the start.

Bharat Value Fund was established in April 2024 and targets pre-IPO investments in Indian growth-stage enterprises. The fund focuses on supporting companies that align with the "Made in India" ethos, including reducing imports, promoting exports, and enhancing rural consumption.

The CIO of IIOT, Madhu Lunawat, opined, “The Bharat Value Fund aims to leverage the significant demographic opportunities within India's mid-market sector. We are confident that BVF will offer strong returns and become a key component of our investors' portfolios, contributing to their long-term growth and financial success.”

IIOT's first fund, the India Inflection Opportunity Fund (IIOF), fully invested its 500 crore corpus within eight months of its final close. The fund has completed twelve investments, including successful exits with a 10x valuation, returning over 60% of the invested amount to contributors within the same period.

The portfolio of IIOF includes companies such as Inventys Research Company, Silver Consumer E Lunawat added, “We have remained committed to our theme of investing in businesses that support Make-in-India, enhance rural consumption, and engage globally, all while making a significant societal impact.”lectricals, MKC Agro Fresh, SAR Televenture, and Vikran Engineering & Exim.

The firm called Bharat Value Fund is backed by a diverse group of investors, including sovereign funds, global investment firms, and Indian family offices, though specific names were not disclosed.

Lunawat further said, “We have remained committed to our theme of investing in businesses that support Make-in-India, enhance rural consumption, and engage globally, all while making a significant societal impact.”