About Ambit
Ambit is a company based in Mumbai (India) founded in 1997 by Ashok Wadhwa. It operates as a Professional Services and Brokerage / Intermediation. Ambit has raised $100.43 million across 8 funding rounds from investors including Daiwa Securities Group, Sanjay Sakhuja and Saifuddin Attar. The company has 104 employees as of April 05, 2024. Ambit has completed 2 acquisitions, including Finmax Credit and Finance and SMEcorner. Ambit offers products and services including Investment Banking, Asset Management, Institutional Equities, and SME Business Loans.
- Headquarter Mumbai, India
- Employees 104 as on 05 Apr, 2024
- Founders Ashok Wadhwa
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Ambit Pvt. Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$116.66 M (USD)54.39as on Mar 31, 2024
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Net Profit
$19.18 M (USD)55.07as on Mar 31, 2024
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EBITDA
$48.35 M (USD)56.25as on Mar 31, 2024
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Total Equity Funding
$100.43 M (USD)
in 8 rounds
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Latest Funding Round
$36.32 M (USD), Series B
Jul 07, 2023
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Investors
Daiwa Securities Group
& 7 more
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Employee Count
104
as on Apr 05, 2024
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Investments & Acquisitions
Finmax Credit and Finance
& 1 more
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Products & Services of Ambit
Ambit offers a comprehensive portfolio of products and services, including Investment Banking, Asset Management, Institutional Equities, and SME Business Loans.
Corporate finance and equity capital markets are managed.
Investment portfolios are managed for various client types.
Equity research and trading services are provided institutionally.
Loans are offered to small and medium enterprises.
People of Ambit
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Funding Insights of Ambit
Ambit has successfully raised a total of $100.43M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $36.32 million completed in July 2023. 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 Ambit
Ambit has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Daiwa Securities Group, Sanjay Sakhuja and Saifuddin Attar.
| Investor | Description | Founded Year | Domain | Location |
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Investment banking and financial services are provided in Japan.
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SS
Sanjay Sakhuja |
Angel investor and advisor, ex-CEO of S Chand Group, education focus
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Locked | Locked | Locked |
Investor details for Ambit
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Investments & Acquisitions by Ambit
Ambit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Finmax Credit and Finance and SMEcorner.
Investment portfolio details for Ambit
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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SME loans are provided to businesses in India.
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Locked | Locked | 2016 | Locked | |
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Business loans are facilitated for SMEs through an online marketplace.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Ambit
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Financial Statements - Ambit
Detailed financials for Ambit
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Ambit Comparisons
Peer comparison for Ambit
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Competitors of Ambit
Detailed competitors of Ambit
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Latest news on Ambit
Complete news archive for Ambit
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Frequently Asked Questions about Ambit
Ambit was founded in 1997 and raised its 1st funding round 13 years after it was founded.
Ambit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ashok Wadhwa is the current CEO of Ambit. They have also founded this company.
Ambit is a funded company, having raised a total of $100.43M across 8 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Ambit is 104.
Annual revenue of Ambit is $116.66M as on Mar 31, 2024.
Ambit is established as one of Indias premier providers of financial advice and capital. Customized solutions are offered in areas such as Investment Banking, including Corporate Finance and Equity Capital Markets, Institutional Equities and Research, Asset Management, Wealth Management for Global Private Clients, and SME Lending. Services are tailored to meet the needs of institutions, corporates, high net-worth individuals, self-employed individuals, and small to medium enterprises. The approach is grounded in a deep understanding of the Indian economy and market dynamics, supported by extensive research and a client-focused strategy. Solutions are designed to create intrinsic value for stakeholders by addressing complex financial challenges with insightful and innovative approaches.
Ambit offers Investment Banking, Asset Management, Institutional Equities, and SME Business Loans.
Ambit has made 2 acquisitions, including Finmax Credit and Finance, and SMEcorner.
Ambit has 8 investors. Key investors include Daiwa Securities Group, Sanjay Sakhuja, Saifuddin Attar, Cyrus Poonawala, and Chetas Desai.
The valuation of Ambit is $380.33M as of Jul 2023.