.png "Amnex InfoTechnologies, an Ahmedabad-based smart infrastructure startup, has raised Rs 460 crore from Bharat Value Fund. With AI, IoT, GIS and blockchain platforms across traffic, logistics, agriculture and smart cities, the company is scaling fast with 75 percent CAGR and 40 percent ROCE, reshaping India’s digital infrastructure landscape.")
I’m Aadi, an MBA with a blend of marketing and finance experience. I’ve helped early stage tech ventures polish strategy and watched investors zero in on quietly emerging infrastructure shifts. In this write-up you’ll see why this sizeable investment in an Ahmedabad startup could tell us more about the future of India’s smart systems than meets the eye.
Summary:
Want to understand what investing Rs 460 crore in a smart infrastructure startup really means today If that piques your curiosity stick around. You might spot patterns that others are missing.
1. Wealth Company Asset Management put in Rs 460 crore through Bharat Value Fund to back Ahmedabad-based Amnex InfoTechnologies
2. This is the first growth capital round for Amnex bringing in resources to scale AI IoT GIS and blockchain across sectors
3. Amnex was founded in 2008 and now powers solutions in traffic mobility utilities mining logistics agriculture and smart cities
4. They run more than 18 proprietary platforms and have been growing at a reported 75 percent CAGR over the last three years while keeping ROCE above 40 percent
5. India’s digital infrastructure landscape is fueling this bet with recent pushes like Digital India India Stack and National AI Mission creating momentum
I’ll be honest. When I saw the figure as Rs 460 crore as I blinked. That is not small change. But then I took a closer look. There is something happening in how India builds its digital infrastructure quietly and fundamentally.
Amnex is stitched into what I’d call the nuts and bolts of tomorrow’s connected world. Founded back in 2008 by two technologists Aditya Shah and Tapan Gosaliya. They have spent years building tech that moves data across traffic systems, powers smart cities, supports mining, farms, logistics. Eighteen platforms in house. That sounds like serious foundation building not hype.
What actually got me leaning forward was the numbers. They’ve apparently hit a 75 percent compound annual growth rate over the past three years. And ROCE above 40 percent. If true then these folks aren’t just growing fast as they’re doing it efficiently. Startups that can scale and actually make margins are rare. That makes this more than a splashy press moment.
This injection from Bharat Value Fund feels like both validation and fuel. India’s digital infrastructure ecosystem is doing something. With Digital India pushing public systems online, India Stack reshaping payments and identity, and the National AI Mission raising the stakes on intelligence as you get a sense that now is the time to double down. And Wealth Company seems to agree.
Consider it like this. A half billion here invested isn’t just backing a company. It’s betting on a world where our cities transport, agriculture, utilities all talk to each other smarter. Imagine sensors gathering real time road traffic data then feeding AI to optimize lights or route trucks. Smart energy grids balancing needs. Logistics chains that adjust on the fly. That’s the promise here.
There’s also a neat cultural twist in this move. Big capital flowing into a deep tech infrastructure company based in Ahmedabad not Bengaluru or Mumbai. Signals that tier 2 cities are producing tech that matters in the race to build future infrastructure. That could open doors for more regional innovation beating metro startup trends.
5 Do’s and Don’ts for Founders, Investors, Entrepreneurs, Students, and Traders:
1. Do look for companies that combine deep tech with operational discipline not just flashy innovation.
2. Do explore investments in regional hubs beyond metro hotspots opportunities might be hiding there.
3. Do pay attention to startups building infrastructure for everyone not just consumer apps that scale fast.
4. Don’t chase growth if unit economics are weak remember scaling efficiently is rare but powerful.
5. Don’t ignore public policy momentum Digital India related schemes are real and they matter.