Ambit Finvest partners with Daiwa through a minority stake, raises primary capital of INR 415 Cr

Mumbai, March 26, 2024: Ambit, one of India’s premier providers of financial advice and capital, today announced that Daiwa Securities Group Inc. (“Daiwa”), will acquire a minority stake in Ambit Finvest Private Limited (“Ambit Finvest”), the systemically important NBFC of the Ambit Group. Ambit Investment Banking acted as the exclusive advisor for the transaction.