Ambak (Seed and Pre-Series A)

Funding Details
Awarder
Inbox
Date Award
January 29, 2025
Vertical
Fintech
Funding URL
View Funding Page
Funding Amount:
$7,000,000

Company Info
Founding Year
2024
Traction
Ambak aims to target USD 1 billion in loan disbursements by FY26 and has signed an exclusive partnership with the Delhi Development Authority (DDA) to serve over 35,000 customers in the next 12 months.
Founders
Rashi Garg, Raghuveer Malik, Rameshwar Gupta
Company Description
Ambak is a fintech platform specializing in home loan solutions, aiming to address inefficiencies in India's complex home loan sector through a transparent, three-step method that leverages Digital Public Infrastructure (DPI) and advanced bank rule engines.
Market
Home Loan Solutions
Location
India
Coinvestors
Peak XV Partners, Advantedge VC, DeVC, several angel investors

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