Fintech startup Ambak, founded by Raghuveer Malik, Rameshwar Gupta, and Rashi Garg has raised $7 million in Seed and Pre-Series A funding, led by Peak XV Partners’s Surge, with additional support from Advantedge VC, DeVC, and angel investors.

Ambak streamlines the home loan process using technology and Digital Public Infrastructure (DPI), making it easier for customers to find the right financier through a transparent, three-step approach.

The funding will help Ambak expand to 35 cities and serve over 100,000 customers, aiming for $1 billion in disbursements by FY26.

Congratulations to Ambak for this remarkable achievement! Wishing you continued success in revolutionizing the home loan experience! – The Fame Express.