The Wealth Company Asset Management Pvt Ltd, a subsidiary of Mumbai-based Pantomath Group, has launched a new ₹2,000 crore real estate-focused fund, Bharat Bhoomi Fund, under the broader Bharat Value Fund (BVF) umbrella. This marks a strategic expansion into the physical asset space, aligned with India’s accelerating infrastructure-led growth and increasing institutional interest in real estate.
Key Highlights of Bharat Bhoomi Fund
- The fund is structured as a Category II Alternative Investment Fund (AIF).
- It includes a ₹1,000 crore base corpus with a ₹1,000 crore greenshoe option, targeting institutional and family office investors.
- The focus is on yield-generating, land-based, and infrastructure assets across India’s key growth corridors.
A Strategic Pivot from Pre-IPO to Real Assets
- Unlike previous Bharat Value Fund initiatives, which concentrated on late-stage, pre-IPO investments under the India Inflection Opportunity Trust (IIOT), this fund pivots to real estate and infrastructure investments.
- The core idea revolves around “real assets with real outcomes”, reflecting India’s transformation across infrastructure, digital, and sustainability-linked sectors.
Expert Leadership and Advisory Board
- The fund is led by Rakesh Kumar, a seasoned real estate expert with over 50,000 transactions and executive roles at Shell, Walmart, and Reliance.
- Bhavya Bagrecha, with a track record of managing over ₹2,500 crore in institutional real estate transactions and pioneering India’s first REIT-style structure, joins as a key leader.
- The advisory board features Peter Sharp, former head of Walmart’s real estate operations in Asia, with 35+ years of global experience.
Investment Strategy and Asset Focus
- The fund begins with a pipeline of 1,200 acres across six pre-identified projects.
- Emphasis is on ready-to-launch assets with:
- Regulatory clearances in place
- Title clarity
- Faster turnaround and exit opportunities
- Targeted asset classes include:
- Data centres
- Warehousing
- Hospitality hubs
- Renewable energy parks
- Plotted villas
- Mid-to-premium residential housing
- Mixed-use developments
- Geographic focus spans major metros such as:
- Mumbai Metropolitan Region (MMR)
- National Capital Region (NCR)
- Pune
- Bengaluru
- Chennai
- Hyderabad
- The fund also plans to explore opportunities in:
- Infrastructure corridors
- Peri-urban regions
- Satellite townships emerging from new transportation and connectivity projects
Leadership’s Vision
Madhu Lunawat, Founder and Director of The Wealth Company Asset Management, emphasized:
“The demand for real assets with real outcomes has never been higher. Bharat Bhoomi Fund allows meeting that demand with discipline, data, and domain expertise. The Wealth Company’s investment ethos is now extending confidently into India’s real estate space—with conviction and clarity.”
