The Wealth Company Asset Management Pvt Ltd., a subsidiary of the Pantomath Group, has launched the ₹2,000-crore Bharat Bhumi Fund comprising a ₹1,000-crore Category II Alternative Investment Fund (AIF) and an additional ₹1,000-crore greenshoe option. This marks the fifth installment in the Bharat Value Fund Series, with the fund actively focusing on investments in the real estate sector.
Rakesh Kumar spearheads the fund, bringing with him extensive experience from over 50,000 real estate transactions, along with senior leadership roles at Shell, Walmart, and Reliance. Additionally, Bhavya Bagrecha joins him, having executed institutional real estate investments worth over ₹2,500 crore and, notably, pioneered India’s first REIT-style framework under SEBI’s VCF regulations.
Additionally, Peter Sharp—former head of Walmart’s Asia real estate division and a veteran with more than 35 years of global industry experience—has joined the advisory team.
Bharat Bhumi Fund will primarily focus on ready-to-launch projects that can quickly transition from investment to value generation. Moreover, backed by a strong pipeline of approximately 1,200 acres across six projects, the fund aims to deploy capital swiftly, strategically, and with precision. These sectors align with India’s growing focus on infrastructure development, digital transformation, and sustainability, the company said.
The Bharat Bhumi Fund represents a significant extension of The Wealth Company’s investment strategy, offering investors a structured way to increase their exposure to tangible real estate assets.
“As capital becomes more thoughtful, 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 into India’s real estate space,” Madhu Lunawat, Founder and Director of The Wealth Company Asset Management, said.
The fund will adopt a diversified capital allocation approach, investing across sectors such as data centers, warehousing, hospitality, and renewable energy parks.
The company observed a rise in investor interest in these emerging economic assets, driven by India’s ongoing digital and green energy transitions.
In addition, the fund will invest in mid-to-premium residential projects, retail spaces, plotted villa developments, and mixed-use projects across key high-growth urban centers, including Mumbai (MMR), NCR, Pune, Bengaluru, Chennai, and Hyderabad, it added.
With a seasoned leadership team and a robust project pipeline, the Bharat Bhumi Fund aims to deliver strong value creation while aligning with emerging investor preferences in real assets.
