Who Is Madhu Lunawat? Meet the Woman Reshaping India’s Investment Landscape

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In a landmark moment for India’s financial sector, Madhu Lunawat has become the first Indian woman to independently establish and receive SEBI approval for a mutual fund business. Her firm, The Wealth Company Mutual Fund, backed by the Pantomath Group, marks a new chapter in inclusive asset management.

Key highlights of the milestone:

SEBI granted the Certificate of Registration on July 18, 2025, officially recognizing The Wealth Company as India’s newest Asset Management Company.
The fund house aims to democratize wealth creation, with a strong focus on Tier3 and beyond markets.
Lunawat will serve as Managing Director and CEO, bringing her experience from Infosys, ASREC, and Edelweiss ARC to the forefront.

Strategic vision and innovation:

The Wealth Company plans to blend private equitystyle research with retail accessibility, using AIpowered insights and rigorous backtesting.
It will prioritize investments aligned with India’s macroeconomic goals, including Make in India, digital transformation, and sustainable development.
The firm’s clientfirst approach and techdriven outreach aim to empower MFD partners and retail investors across underserved regions.

Industry context:

Of nearly 50 mutual fund houses in India, only one—Edelweiss MF—is currently headed by a woman.
Lunawat’s achievement sets a precedent for gender leadership in finance, inspiring future women entrepreneurs in asset management.

With this launch, The Wealth Company enters the Rs 74.41 lakh crore mutual fund industry, promising innovation, inclusivity, and longterm value creation.

Sources: Economic Times, Times of India, Business Today, The Week, Navbharat Times.