Bharat Value Fund, managed by Pantomath Capital, investes
MUMBAI, Oct 17 (The CONNECT) – Aniket Metals Private Limited (AMPL) has confirmed the closure of a private placement round of INR 550 million as Bharat Value Fund, managed by Pantomath Capital Management Pvt Ltd, invested in the Company for a minority stake.
Established in 2012, AMPL is a leading player in cookware, kitchen gadgets, cutlery, and kitchenware, primarily sold in the USA and the UK markets. AMPL manufactures 650+ products across six broad categories in stainless steel and aluminum, catering to all segments in retail, commercial, and Hotel, Restaurant and Café/Catering (HoReCa) sectors.
The Company is a strategic vendor to Walmart Inc. and currently serves 7 of the top 10 global retailers, including ASDA, TJX, ROSS Inc., and Lidl. In 2020, it acquired the Italian brand ‘MORINOX’ to incorporate Italian automation and design into its product range.
