India-based financial service company Pantomath Financial Services Group has acquired a 75% stake in fundgini.com, a global marketplace for deal-making, for an undisclosed price.
Through the acquisition, Pantomath Financial Services aims to mobilise its various investment banking service capabilities and expedite deal processes in the deal ecosystem.
Founded in 2020, fundgini.com is a global fundraiser and mergers and acquisition (M&A) ecosystem online platform.
The marketplace is leveraged by fund seekers, investors, investment bankers, and influencers for funding and M&A.
Fundgini.com, with headquarters in Mumbai, specialises in debt finance, equity funding, M&A, initial public offering (IPO), pre-IPO, transaction advisory, and valuations.
According to Pantomath Financial Services, more than 50,000 experts around the world interact on fundgini.com’s platform for various deals.
The platform is said to have over 700 deals features.
Besides, the fundgini.com team organises deal rooms, video pitches, web series, and awards for enhancing the entrepreneurial culture and transaction acceleration, said Pantomath Financial Services.
Fundgini.com founder Shashank Pradhan said: “We are glad to enter into 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 deal-making landscape.”
Pantomath Financial Services was established in 2013 to offer extensive advisory services in corporate affairs, finance, and business solutions to different sections of society including small and medium-sized enterprises (SMEs) and large enterprises.
Pantomath Financial Services group founder and managing director Mahavir Lunawat 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.”
