Amnex Infotechnologies secures ₹460 Cr investment from The Wealth Company

Amnex Infotechnologies Secures ₹460 Cr Investment from Pantomath’s Bharat Value Fund Ahmedabad-based Amnex Infotechnologies has raised ₹460 crore (about $52 million) in its first growth capital round from The Wealth Company Asset Management, the investment arm of the Pantomath Group, through its Bharat Value Fund (BVF). Founded in 2008 by Aditya Shah and Tapan Gosaliya, Amnex has steadily built a reputation for creating cutting-edge digital solutions for mission-critical industries. Its offerings span artificial intelligence, Internet of Things, Geographic Information Systems, and blockchain technologies. Today, the company operates across traffic management, utilities, mining, logistics, agriculture, and smart cities with a strong foundation of over 18 proprietary platforms that blend open digital infrastructure with in-house innovation.

Operating on an asset-light model, the company has clocked a 75% CAGR over the past three years and sustains a return on capital employed above 40%. With a robust order book and sector-wide penetration, Amnex has emerged as a fast-growing player in India’s digital infrastructure push. The fresh funding will fuel Amnex’s plans to expand its technology portfolio and scale adoption across critical infrastructure sectors, further cementing its role as a digital backbone for India’s growth.

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