Monday, February 5, 2024

Pantomath Capital Advisors Pvt Ltd appoints Mr. Ajay Jain as Managing Partner, Investment Banking

Mr. Ajay Jain was formerly Chairman & Managing Director at Monal Capital, and Executive Director of Centrum Capital

In a strategic role, Mr. Ajay Jain will lead Business Development vertical of the Investment Banking Division at Pantomath

Mumbai, Monday February 5, 2024: Pantomath Capital Advisors Private Limited, a leading mid-market investment bank and financial services house has appointed the Former Executive Director of Centrum Capital, Mr. Ajay Jain as Managing Partner, Investment Banking. In this strategic role, Mr. Ajay Jain will lead Business Development vertical of the Investment Banking Division at Pantomath, bringing over two decades of invaluable experience to drive the Group's strategic initiatives.

Mr. Ajay Jain is a Chartered Accountant with an Executive MBA and Independent Director certification, having over 25 years of leadership experience. Formerly Chairman & MD at Monal Capital (P) Ltd. and Executive Director at Centrum Capital, his expertise spans across sectors such as BFSI, FMCG, auto & auto ancillaries, education, real estate & infrastructure, energy, logistics, metal, textiles, pharma, chemical and building materials.

Mr. Ajay Jain excels in fundraising, M&A, wealth management, and business restructuring, contributing significantly to renowned companies over the last two decades, including Centrum Capital, Sun Capital, Birla Group, Man Industries, and Lloyds Steel. 

Mr. Ajay Jain is recognized with CFO Awards (2011-2014), BFSI Awards (2019-2023), Excellence in Leadership Award (2023), and "CEO with Highest Quality Orientation" award (2023).

Mr. Mahavir Lunawat, Managing Director, said, “We are glad to welcome Mr. Ajay Jain to lead Business Development vertical of the Investment Banking Division at Pantomath. His extensive experience in diverse financial functions shall be a guiding force to the team. We look forward to leveraging his expertise to drive our strategic growth initiatives further”.

On this occasion, Mr. Ajay Jain, Managing Partner, Investment Banking- Pantomath Capital Advisors, said, “I am very much delighted to be part of Pantomath Group. Pantomath is very diversified financial services Group with global presence. It is one stop solution to financial needs of client such as investment (broking, wealth management, investing in our own AIF), equity fund raises (IPO, QIP, Rights Issue, PE), M&A. Each business is supported with in-depth research & market intelligence. Pantomath has focused approach to make entrepreneur & support team members in achieving it. I am sure with my learning of last 25 years I could be instrumental in exponential growth of the Group across business verticals”. 


About Pantomath Group:

In a decade, Pantomath has become one of the fastest-growing financial services groups backed by investment banking, fund management, and distribution verticals. The Group has recently expanded into wealth management, fin-tech and stock broking by acquiring Asit C Mehta Financial Services Limited, a 40-year legacy created by Ms. Deena Mehta and Mr. Asit C Mehta. Pantomath Group was founded by Ms. Madhu Lunawat and Mr. Mahavir Lunawat on 5th December 2013. Mr. Mahavir Lunawat is an industry veteran with extensive expertise in capital markets & investment banking and Ms. Madhu Lunawat has over two decades of experience in investment management, corporate finance, asset reconstruction, and many other related financial services. For over a decade, Pantomath Group has been reaching 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. Over the period, the Pantomath Group has emerged as India’s largest private network having direct corporate connect with more than 7,000 business houses.

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