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Lunawat, 1st woman to set up mutual fund biz, get Sebi nod

The Wealth Company, supported by Pantomath Group, is set to launch its mutual fund business after Sebi's approval. Madhu Lunawat will lead the company as MD & CEO. She is the first Indian woman to independently establish a non-institutional mutual fund house. The fund house aims to use technology to reach rural areas.
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