Ambit Finvest Secures Rs 690 Crore Investment to Accelerate Growth Trajectory Financial advisory and capital provider, Ambit Finvest, has secured a significant strategic investment totaling Rs 690 crore from a Japanese securities group and existing shareholders. This infusion of fresh capital aims to bolster Ambit Finvest’s market presence and drive its next phase of growth.
Ambit Finvest Secures Rs 690 Crore Investment to Accelerate Growth Trajectory
Japanese Securities Group Leads Investment
Japan-based Daiwa Securities Group, in partnership with Ambit Group in various ventures, has committed Rs 415 crore to acquire a minority stake in Ambit Finvest. Additionally, existing shareholders, including the parent company, have contributed Rs 275 crore to this funding round, affirming their confidence in Ambit Finvest’s growth prospects.
Empowering MSMEs Across India
Ambit Finvest specializes in providing secured and unsecured business loans, along with used vehicle loans, to micro, small, and medium-sized enterprises (MSMEs) in India. Over the past two years, the company has expanded its operations, investing in branch networks and technological infrastructure to better serve its clientele.
With a strong focus on financial inclusion, Ambit Finvest has facilitated the aspirations of over 68,000 MSME business owners, providing them with essential financing solutions to support their growth plans. Since its inception in 2018, Ambit Finvest has disbursed loans exceeding Rs 6,000 crore and currently manages assets worth over Rs 3,800 crore. Operating across 11 states through 165 branches and supported by a workforce of 2,000 employees, Ambit Finvest has cemented its position as a systemically important Non-Banking Financial Company (NBFC).
Vision for Future Growth
Ashok Wadhwa, Group Chief Executive Officer of Ambit, expressed optimism about the company’s future trajectory, stating, “We are now at the cusp of a breakout in our business journey.” He emphasized Daiwa Securities Group’s long-term strategic investment as a testament to Ambit Finvest’s potential for sustained growth.
Seiji Nakata, President and CEO of Daiwa Securities Group, echoed this sentiment, highlighting India’s strategic importance in driving economic growth. Nakata emphasized the potential for expanding business operations in India, leveraging the existing partnership between Daiwa and Ambit across various financial sectors.
Leveraging Indo-Japan Corridor
The investment in Ambit Finvest further strengthens the Indo-Japan corridor, fostering collaboration in institutional equities, equity capital markets, public fundraising, and related businesses. This strategic alignment between Ambit and Daiwa underscores their shared commitment to capitalizing on India’s economic potential and driving mutual growth.
With this substantial investment, Ambit Finvest is poised to accelerate its growth trajectory, empower more MSMEs, and contribute significantly to India’s economic development.
About Ambit Finvest
Ambit Finvest Pvt. Ltd., the systemically important NBFC of Ambit Group, empowers 68,000+ MSMEs across 11 states, disbursing INR ~6,000 crore loans, embodying ‘pragati ke partner
