Historic Milestone for Women in Finance

In a groundbreaking achievement, Madhu Lunawat, co-founder of the Pantomath Group, has become the first woman in India to receive SEBI approval to launch a mutual fund business under her company, The Wealth Company. This marks a significant step forward for gender diversity in the financial sector.

A Vision for the Future

Lunawat, a seasoned chartered accountant with experience at Infosys, ASREC, and the Edelweiss group, shared her vision for the new fund house. "We're here to build something that's intelligent, long-term, and deeply aligned with the real needs of Indian investors," she stated, emphasizing a client-first approach and leveraging technology to reach the hinterlands.

Changing the Financial Landscape

Currently, among nearly 50 fund houses in India, only one other, Edelweiss MF, is led by a woman. Lunawat's achievement not only sets a precedent but also serves as an inspiration for aspiring women leaders in finance. "This is a moment for every woman who wants to build, lead, and reshape the financial landscape," she remarked.