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Ambit Group's NBFC arm raises $82 mn in round led by Daiwa Securities

Finance

26 March, 2024

Ambit Group's NBFC arm raises $82 mn in round led by Daiwa Securities

Lending platform Ambit Finvest Pvt. Ltd, which is the non-banking financial company (NBFC) arm of the Ambit Group, said it ......

Ambit Finvest acquires SME Corner to strengthen lending play

Finance

05 January, 2023

Ambit Finvest acquires SME Corner to strengthen lending play

Ambit Finvest Pvt Ltd, a unit of Ambit Group, on Thursday said it has bought Mumbai-based fintech startup SME Corner ......

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Serum Institute's Adar Poonawalla bets $40 mn on Mumbai NBFC

Finance

24 April, 2020

Serum Institute's Adar Poonawalla bets $40 mn on Mumbai NBFC

Adar Poonawalla, CEO at vaccine maker Serum Institute of India Pvt. Ltd, has invested in a non-banking finance company, a ......

Ambit appoints former Avendus top exec as CEO of wealth biz

Finance

30 September, 2019

Ambit appoints former Avendus top exec as CEO of wealth biz

Mumbai-based investment firm Ambit Group has hired a senior executive from KKR-backed Avendus to head the wealth management business, the ......

Ambit Finvest acquires SME lending business of Finmax Credit

Finance

04 September, 2018

Ambit Finvest acquires SME lending business of Finmax Credit

Ambit Finvest Pvt. Ltd, a unit of Ambit Group, has bought the small and medium enterprises (SME) lending business of ......

Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit

People

20 April, 2018

Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit

Ace dealmaker Ashok Wadhwa, group CEO at Ambit Holdings, will acquire Qatari investment firm QInvest LLC’s 26% stake in the ......

Edelweiss to acquire Ambit Alpha hedge fund

General

22 September, 2016

Edelweiss to acquire Ambit Alpha hedge fund

Financial services group Edelweiss has agreed to acquire Ambit Investment Advisors' flagship hedge fund, Ambit Alpha Fund, the two companies ......