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