About Ambak
Ambak is a company based in Gurugram (India) founded in 2023 by Ashish Lohia, Pranav Khattar, Rashi Garg, Rameshwar Gupta, and Raghuveer Malik. Ambak has raised $18.07 million across 5 funding rounds from investors including Wellfound, Peak XV Partners and AdvantEdge. The company has 117 employees as of February 16, 2025. Ambak offers products and services including Home Loans, Loan Against Property, EMI Calculator, and Balance Transfer Calculator. Ambak operates in a competitive market with competitors including LoanSnap, Kiavi, Certain Lending, MT Finance and One Savings Bank, among others.
- Headquarter Gurugram, India
- Employees 117 as on 16 Feb, 2025
- Founders Ashish Lohia, Pranav Khattar, Rashi Garg, Rameshwar Gupta, Raghuveer Malik
- Stage Minicorn
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Tenb Fintech Private Limited
- Date of Incorporation 04 Sep, 2023
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
$149.97 K (USD)0as on Mar 31, 2024
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Net Profit
-$247.23 K (USD)0as on Mar 31, 2024
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EBITDA
-$232.04 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$18.07 M (USD)
in 5 rounds
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Latest Funding Round
$7.84 M (USD), Series A
Dec 02, 2025
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Investors
Wellfound
& 15 more
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Employee Count
117
as on Feb 16, 2025
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Products & Services of Ambak
Ambak offers a comprehensive portfolio of products and services, including Home Loans, Loan Against Property, EMI Calculator, and Balance Transfer Calculator.
Provides financing for home purchases with flexible terms and low rates.
Offers secured loans using property as collateral for various needs.
Helps calculate monthly payments for loans based on amount and tenure.
Assists in evaluating options for transferring existing loan balances.
People of Ambak
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Funding Insights of Ambak
Ambak has successfully raised a total of $18.07M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.84 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ambak
Ambak has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Peak XV Partners and AdvantEdge.
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Early-stage investing and community support for startups.
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Venture capital firm investing in startups and providing support programs.
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Venture capital funding and support for mobility and electric vehicle startups in India.
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Investor details for Ambak
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Investments & Acquisitions by Ambak
Investment portfolio details for Ambak
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Financial Statements - Ambak
Detailed financials for Ambak
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Ambak Comparisons
Peer comparison for Ambak
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Ambak
Ambak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LoanSnap, Kiavi, Certain Lending, MT Finance and One Savings Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online marketplace for residential & commercial mortgage loans
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Residential and commercial mortgages are connected via an online marketplace.
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Online P2P platform for real estate lending is facilitated.
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Diversified lending NBFI
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Provider of an online marketplace for mortgage loans
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Provider of home financial services
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Detailed competitors of Ambak
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Latest news on Ambak
Complete news archive for Ambak
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Frequently Asked Questions about Ambak
Ambak was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Ambak is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Raghuveer Malik is the current CEO of Ambak. They have also founded this company.
Ambak is a funded company, having raised a total of $18.07M across 5 funding rounds to date.
As of Feb 16, 2025, the latest employee count at Ambak is 117.
Annual revenue of Ambak is $149.97K as on Mar 31, 2024.
Ambak was founded in 2023 in Gurugram, India, within the financial services sector. Home loans and loans against property are offered, along with tools such as EMI and balance transfer calculators. The application process is facilitated through coordination with relevant parties. Resources including blogs on finance news and insights are made available to users. Operations focus on streamlining access to these lending options in the Indian market.
Ambak's top competitors include LoanSnap, Kiavi and MT Finance.
Ambak offers Home Loans, Loan Against Property, EMI Calculator, and Balance Transfer Calculator.
Ambak has 16 investors. Key investors include Wellfound, Peak XV Partners, AdvantEdge, DeVC, and Real Time Accelerator Fund.
The valuation of Ambak is $29.56M as of Oct 2024.