Fintech startup Ambak raised $7 million in a funding round led by Peak XV's Surge to expand operations to 35 cities.
Amount Raised
$7 Million
Round Type
Series A
GurugramFinanceFintechInvestors
Description
Ambak, which streamlines the home loan process, has successfully raised $7 million in a funding round combining seed and pre-Series A investments. The raised funds will facilitate the company's expansion to serve over 100,000 customers and surpass $1 billion in loan disbursements by FY26.
Quick answer
Ambak raised $7 Million in a Series A round, dated January 28, 2025. Investors: Peak XV Partners, Advantedge Vc, Devc, De VC and Peak XV’s Surge. Ambak is based in Gurugram, Haryana, India.
- How much did Ambak raise?
- Ambak raised $7 Million in a Series A round on January 28, 2025.
- Who invested in Ambak?
- Peak XV Partners, Advantedge Vc, Devc, De VC and Peak XV’s Surge are named as investors in this round.
- What does Ambak do?
- Ambak is revolutionizing the home loan process by empowering agents with access to loan options from over 50 financial institutions on a single platform.
- Where is Ambak based and how big is it?
- Ambak is based in Gurugram, Haryana, India. Fundz records about 126 employees.
- Who are the decision-makers at Ambak?
- Fundz holds 1 contact at Ambak. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Ambak that raised within 45 days of this round, from Fundz verified event records.
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