Key Transactions

ECM

USD 20 mn

FY22

Manager to Tender Buyback Offer of Quick Heal Technologies Ltd

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Manager to Tender Buyback Offer of Quick Heal Technologies Ltd

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders.

Capital Raise

NA

FY22

Partial stake sale by True North in Policy Bazar

Ambit advised True North in its partial stake sale in Policy Bazaar, one of the largest FinTech Companies in India. Transaction was consummated prior to the Company's planned IPO.

Partial stake sale by True North in Policy Bazar

Ambit advised True North in its partial stake sale in Policy Bazaar, one of the largest FinTech Companies in India. Transaction was consummated prior to the Company's planned IPO.

Capital Raise

USD 52 mn

FY22

Series C fundraise

Bike-taxi platform Rapido has raised USD 52 million from Shell Ventures, Yamaha and existing investors including Westbridge Capital, Nexus Venture Partners, and many marquee HNIs

Series C fundraise

Bike-taxi platform Rapido has raised USD 52 million from Shell Ventures, Yamaha and existing investors including Westbridge Capital, Nexus Venture Partners, and many marquee HNIs

M&A

USD 200 mn

FY22

Investment in equity raise (as a first tranche of a total USD 300 mn) in AG&P City Gas Distribution Platform in India by I Squared Capital

Investment in one of India's leading city gas distribution platforms

Investment in equity raise (as a first tranche of a total USD 300 mn) in AG&P City Gas Distribution Platform in India by I Squared Capital

Investment in one of India's leading city gas distribution platforms

Capital Raise

USD 11.5 mn

FY22

Series A fund raise from Elysian Park, Dream Capital & Surge

HealthTech platform, Fittr has raised $11.5m from leading health and sports focused investor, Elysian Park, Dream Capital, the venture capital arm of gaming unicorn Dream11 and Sequoia's accelerator, Surge

Series A fund raise from Elysian Park, Dream Capital & Surge

HealthTech platform, Fittr has raised $11.5m from leading health and sports focused investor, Elysian Park, Dream Capital, the venture capital arm of gaming unicorn Dream11 and Sequoia's accelerator, Surge

M&A

NA

FY22

Acquisition of 52% stake in Ritika Pvt Ltd (Ritu Kumar) by Reliance Ventures

Reliance Retail Ventures has acquired 52% shareholding of Ritika Pvt Ltd (Ritu Kumar). Everstone Capital, an existing investor in the Company has completely exited

Acquisition of 52% stake in Ritika Pvt Ltd (Ritu Kumar) by Reliance Ventures

Reliance Retail Ventures has acquired 52% shareholding of Ritika Pvt Ltd (Ritu Kumar). Everstone Capital, an existing investor in the Company has completely exited

Capital Raise

USD 10 mn

FY22

Series B fund raise lead by Z3 Partners

AgriTech Company, Gramophone has raised $10m led by Z3 Partners. Round also saw participation from InfoEdge, Asha Impact and Siana Capital

Series B fund raise lead by Z3 Partners

AgriTech Company, Gramophone has raised $10m led by Z3 Partners. Round also saw participation from InfoEdge, Asha Impact and Siana Capital

Capital Raise

USD 35 mn

FY22

Series C fundraise

Trade finance platform, Vayana Network has raised USD 35 Mn funding from March Capital and Marshall Wace. Existing investors, including Chiratae Ventures, CDC group, Jungle Ventures also participated in the round.

Series C fundraise

Trade finance platform, Vayana Network has raised USD 35 Mn funding from March Capital and Marshall Wace. Existing investors, including Chiratae Ventures, CDC group, Jungle Ventures also participated in the round.

M&A

INR 15 bn

FY22

Acqusition of 25% stake in National Highways Infra Trust (an InvIT sponsored by NHAI) as an Anchor Investor

Exclusive financial advisor to OTPP for investment in NHAI InvIT - the first roads InvIT by a PSU as part of the Government's Asset Monetizaton Pipeline.

Acqusition of 25% stake in National Highways Infra Trust (an InvIT sponsored by NHAI) as an Anchor Investor

Exclusive financial advisor to OTPP for investment in NHAI InvIT - the first roads InvIT by a PSU as part of the Government's Asset Monetizaton Pipeline.