Pantomath buys 75% stake in global fundraiser fundgini.com
By Gloria Mathias
Pantomath Financial Services Group has announced the acquisition of fundgini.com. This company by a global marketplace for investors, fund seekers, investment bankers, and influencers for funding and mergers & acquisitions.
This acquisition will enable Pantomath to mobilize its diversified investment banking service strengths and facilitate deal acceleration in the deal ecosystem.
Mahavir Lunawat, Group Founder & Managing Director, Pantomath Financial Services Group said, “There exists a synergy between our extensive expertise in investment banking and the global marketplace for dealmaking – fundgini.com. We believe that through the online platform of fundgini.com we would be able to bring stakeholders together on a globally accessible platform.”
The fundgini.com team facilitates deal rooms, video pitches, web series, and awards. This has contributed to increased activity in the deal landscape, and the platform now strives to strengthen its global outreach.
Lunawat added, “In the next phase, the Pantomath team will focus on strengthening the platform, creating more awareness about this platform in the ecosystem, helping investors and fund seekers to network and accelerate the deals seamlessly, and increasing overall deal volume and momentum.”
Shashank Pradhan, Founder of fundgini.com shared, “We are glad to enter into a strategic partnership with Pantomath Financial Services Group. We believe the partnership has the potential to take fundgini.com to the next level; we aim to create a digital AI-driven platform in the deal-making landscape.”
Pantomath Financial Services Group is a fast-growing financial services group with a presence in investment banking, fund management, and M&A, and the Group recently expanded into wealth management, FinTech, stock broking, and distribution by acquiring a significant stake in Asit C Mehta Financial Services Limited, created by Deena Mehta and Asit C Mehta.
The Group has reached out to businesses at the remotest locations across the length and breadth of India. The team at Pantomath travels to small towns and villages, scans through the industrial clusters, and identifies high-growth businesses.
IBSi Daily News Analysis
January 16, 2024
Acquisition
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