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. 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
- Founders Ashok Wadhwa
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website ambit.co
- Social LinkedIn
- Legal Name Ambit Pvt. Ltd.
- Date of Incorporation 11 Aug, 1997
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1,289 Cr
FY 2025 · +29% YoY
- Net Profit₹197 Cr
FY 2025 · 15% margin
- EBITDA₹536 Cr
FY 2025 · 42% margin
- Total Equity Funding$100.43M (USD)
in 8 rounds
- Latest Funding Round$36.32M (USD), Series B
Jul 2023
- InvestorsDaiwa Securities Group
& 7 more
- Employee Count104
- Investments & AcquisitionsFinmax Credit and Finance
& 1 more
Associated legal entities of Ambit
Ambit operates through Ambit Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ambit Private Limited CIN U65923MH1997PTC109992 | Active | 11 Aug 1997 | Mumbai, Maharashtra | ₹1,289 Cr | 104 | 13 | View details |
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.
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.
- Total Funding $100.43M
- Total Rounds 8
- Last Round Series B — $36.32M
- First Round $35.39M
(Mar 2010)
- Investors Count 8
All 8 funding rounds of Ambit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $36.32M | Series B | $380.33M | Daiwa Securities Group | – |
| Mar 2022 | $25,203 | Angel Round | $4.7M | Sanjay Sakhuja | |
| Nov 2021 | $2.67M | Angel Round | $••••• | Cyrus Poonawala | – |
| Jul 2021 | $51,218 | Angel Round | $••••• | – | |
| Oct 2017 | – | Angel Round | – | Rakshit Ranjan | – |
| Aug 2016 | $22,288 | Angel Round | $••••• | – | |
| Jul 2011 | $25.96M | Unspecified | – | Inner Mauritius | – |
| Mar 2010 | $35.39M | Unspecified | $••••• | Inner Mauritius | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $380.33M | •••••••• |
| Mar 2022 | $4.7M | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Jul 2021 | $••••• | •••••••• |
| Aug 2016 | $••••• | •••••••• |
| Mar 2010 | $••••• | •••••••• |
Full valuation and stage history of Ambit
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $380.33M (Jul 2023). 8 investors in total: 2 institutional and 6 angel.
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 |
|---|---|---|---|---|
Investment banking and financial services are provided in Japan. | 1943 | daiwa-grp.jp | Tokyo, Japan | |
- | – | innermauritius.tcc.mode | - | |
SS Sanjay Sakhuja | Angel investor and advisor, ex-CEO of S Chand Group, education focus | – | unknown_dcc58ae9357947e18 | - |
SA Saifuddin Attar | - | – | unknown_34918b34b10b41d19 | - |
CP Cyrus Poonawala | - | – | unknown_2b1112e39bb640afb | - |
CD Chetas Desai | - | – | unknown_00aad4e2fee442398 | - |
RR Rakshit Ranjan | - | – | unknown_b451b5060cf54f0aa | - |
AK Ashwini Kakkar | - | – | unknown_5802710b62f441f5b | - |
Investor details for Ambit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ambit Private Limited (Ambit)
Ambit Private Limited is the primary company behind Ambit. The board of Ambit Private Limited currently have 11 directors; the longest-serving is Ashok Wadhwa, appointed in 1997. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashok Wadhwa DIN 00003225 | Director | 11 Aug 1997 | 29 yrs 1 mo | Ambit Private Limited |
| Pradip Panalal Shah DIN 00066242 | Director | 31 May 2016 | 10 yrs 4 mo | Ambit Private Limited |
| Ashwini Manmohan Kakkar DIN 00390787 | Director | 31 May 2016 | 10 yrs 4 mo | Ambit Private Limited |
| Sanjay Sakhuja DIN 00004370 | Director | 31 May 2016 | 10 yrs 4 mo | Ambit Private Limited |
| Ameet Nalin Parikh DIN 00007036 | Director | 31 Oct 2018 | 7 yrs 11 mo | Ambit Private Limited |
| Gautam Arvind Gupte DIN 02680751 | Whole-time director | 01 Dec 2021 | 4 yrs 10 mo | Ambit Private Limited |
| Berjis Minoo Desai DIN 00153675 | Director | 28 Feb 2022 | 4 yrs 7 mo | Ambit Private Limited |
| Kentaro Konishi DIN 07134798 | Director | 17 Aug 2023 | 3 yrs 1 mo | Ambit Private Limited |
| Tarun Jotwani DIN 10644363 | Director | 31 May 2024 | 2 yrs 4 mo | Ambit Private Limited |
| Anjali Ishan Raina DIN 02327927 | Additional Director | 21 Aug 2025 | 1 yr 1 mo | Ambit Private Limited |
| Nehal Navinchandra Shah DIN 00138000 | Company Secretary | 01 Oct 2025 | 1 yr | Ambit Private Limited |
People of Ambit
70 people are tracked at Ambit (39 in leadership, 31 in team); the tracked headcount is 104.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Animesh Kumar | Managing Director | Leadership |
| Board of Directors | Leadership | |
Sujay Kamath | Managing Director | Leadership |
Gaurav Gupta | Director | Leadership |
| Director | Leadership | |
Vinay Shivdasani | Executive Director | Leadership |
Ranjit Dash | Director | Leadership |
Karanjeet Singh | Executive Director | Leadership |
Sandeep Sharma | Executive Director | Leadership |
Nikita Nigam | Associate Vice President - Client Relations | Leadership |
Dharmen Shah | Executive Director, Institutional Equity Sales | Leadership |
Pronoy Basu | Associate Vice President, Institutional Equities Sales Trader | Leadership |
Devyani J. | Vice President - Corporate Access (institutional Equities) | Leadership |
Ankur Saraf | Executive Director | Leadership |
Lokesh Gajbhiye | Associate Vice President | Leadership |
Pranav Verma | Executive Director | Leadership |
Tulika D | Group Head - Human Resources | Leadership |
Sushant Bhansali | CEO - Ambit Asset Management | Leadership |
Jitendra Baviskar | Associate Vice President Operations | Leadership |
50 more people are available in the full profile.
Complete people profiles for Ambit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ambit
Figures of Ambit Private Limited, the primary company behind Ambit, for FY 2025. Revenue was ₹1,289 Cr (+29% year on year). Net profit was ₹197 Cr (15% margin). EBITDA was ₹536 Cr (42% margin). Revenue has grown at a compounded annual rate of +34% over three years and +40% over five years.
- ₹1,289 CrRevenue · FY 2025 · +29% YoY
- ₹197 CrNet profit · 15% margin
- ₹536 CrEBITDA · 42% margin
- ₹4.30 CrPaid-up capital
- 104Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ambit Private Limited are on its company page.
Detailed financial statements for Ambit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Business loans are facilitated for SMEs through an online marketplace. | smecorner.com | Mumbai, India | 2014 | Jan 2023 | •••• | |
SME loans are provided to businesses in India. | finmaxfinance.com | Mumbai, India | 2016 | Sep 2018 | •••• |
Complete acquisition details for Ambit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ambit
6 dated milestones of Ambit across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Ambit is founded.
- Funding First funding round of $35.4M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Finmax Credit and Finance.
- Acquisition Acquires SMEcorner.
- Funding Latest funding round, Series B, of $36.3M.
Web traffic of Ambit
The website of Ambit (ambit.co) receives about 33.7K visits a month and ranks #688,737 among all websites worldwide, #6,728 in Investing.
- Monthly visits33.7K
▼ 14.5% vs previous month
- Unique visitors15K
per month
- Global rank#688,737
among all websites
- Category rank#6,728
Finance · Investing
- Bounce rate27%
- Pages per visit3.1
- Average visit1 min 54 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Ambit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
screener.in | screener.in | 100% | – | #1,968 | – |
| axiscapital.co.in | 92% | – | #717,797 | View details | |
| bseindia.com | 89% | 10.6M | – | View details | |
| credable.in | 88% | 11.2K | #1,231,329 | View details | |
jmflresearch.com | jmflresearch.com | 87% | – | #1,089,183 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Ambit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Ambit
Complete news archive for Ambit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Ambit
10 companies that operate in the same segment as Ambit (Investment Banks), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | – | USD 126.21 B | 46,500 | |
Asset management, investment banking, and wealth management services are provided. | 1983 | Sao Paulo, Brazil | – | USD 20.91 B | 8,189 | |
Financial services are provided globally by UBS for wealth management. | 1862 | Zurich, Switzerland | – | USD 82.71 B | 108,650 | |
Banking & financial service provider | 1848 | Paris, France | – | USD 172.06 B | 197,580 | |
Comprehensive financial services are provided to corporations and individuals. | 1799 | New York, New York, United States | – | USD 42.22 M | – | |
Wealth management, investment advisory, and financial services are provided. | 1935 | New York, New York, United States | – | USD 119.72 B | 80,000 | |
M&A advisory, capital markets, and wealth management services are offered. | 1962 | St. Petersburg, Florida, United States | – | USD 15.9 B | 23,960 | |
Investment banking operations are conducted across multiple sectors. | 1996 | Vienna, Austria | – | – | 49,700 | |
Financial advisory and investment banking services are provided to institutions. | 1994 | Chicago, Illinois, United States | USD 44.52 M | – | 350 | |
Mirae Asset Financial Group is engaged in global investment and financial services. | 1997 | Seoul, South Korea | – | – | 6,143 |
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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. The company's 1st funding round was a Unspecified of $35.39M, raised on Mar 2010.
Ambit has 104 employees.
The primary company behind Ambit, Ambit Private Limited, reported revenue of ₹1,289 Cr for FY 2025, up 29% year on year.
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.
Ambit operates through Ambit Private Limited.