Fintech startup Ambak raised $7 million in a funding round led by Peak XV's Surge to expand operations to 35 cities.
Fintech startup Ambak raised $7 million in a funding round led by Peak XV's Surge to expand operations to 35 cities.
01/28/25, 5:13 AM
Location
Money raised
$7 million
Industry
lending
fintech
financial services
Round Type
series a
Investors
De Vc, Advantedge Vc, Peak Xv Partners, Peak Xv's Surge
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.