The Tour des Semences was led by the overvoltage of Pic XV, Pic XV partners dubbing for pre-series A, as well as the participation of ADAVE VC, DEVC and providential investors
The startup based in Gurugram plans to deploy new products to extend operations to 35 cities, aimed at serving more than 100,000 customers and exceed $ 1 billion in Loan Removal per FY26
Launched in 2024, Ambak offers a market for property loans against property, helping customers through the process
Fintech Marketplace for Home Finance Ambak collected $ 7 in a financing round combining seeds and pre-series has infusions.
The seed lathe was led by the overvoltage of Pic XV, the Pic XV partners dubbing for pre-series A, as well as the participation of Advantage VC, DEVC and providential investors.
The Gurugram -based startup is planning to deploy new products to extend operations to 35 cities, aimed at serving more than 100,000 customers and exceeding $ 1 billion in Fy6. Ia vernacular to improve customer support and improve its AI / ml loans comparison tools.
“”Despite more than 160 lenders serving all types of customers and properties, customers find it difficult to find the right lender and manage the process. Ambak’s mission is to distribute $ 20 billion in home financing per year over the next five years, “said Ambak Managing Director Raghuveer Malik
Launched in 2023 by Malik, Pranav Khattar, Ramehwar Gupta, Ashish Lohia and Rashia Garg, Ambak offers a property for property loans against property, helping customers throughout the process. It has more than 50 lenders and dessert more than 15,000 customers and 3,000 intermediaries.
Funding comes at a time when the Finch sector of India is of growing interest on the part of investors, highlighting its significant growth and innovation potential.
For example, the Fintech Startup Juspay is Currently In talks to collect $ 150 (approximately 1,295 CR) in a financing tour led by Kedaaara Capital, with the participation of Westbridge and SoftBank. Likewise, Easebuzz is also in Discussion to collect funding In a new financing round.
According to a INC42 reportThe financing of local fintech companies dropped by 19% in 2024, falling to 2.5 billion dollars, against 3.1 billion collective dollars during the same period last year.
In the meantime, another report suggests that the Indian Fintech market should grow more than $ 2.1 TN by 2030.