New Delhi, July 29 -- Artha Bharat Group, led by founder and Group CEO Sachin Sawrikar, is targeting an increase in assets under management (AUM) to $1.5-2 billion over the next two to three years as the fund management company expands its operations in India and strengthens its presence at GIFT City.

Reflecting on the company's decision to shift its operations from Mauritius to GIFT City, Sawrikar said, "We came here two years ago. Prime Minister Modi's vision for GIFT City -- this is his dream project. After listening to his vision, we have shifted here from Mauritius."

The group has since expanded its operations and recently opened a 6,000-square-foot office at GIFT City, which can accommodate around 65 people. "Today we have started...