Ambit Finvest Secures Strategic Investment of ₹690 Crore to Bolster MSME Financing in India Ambit Finvest, a leading non-banking financial company (NBFC) dedicated to empowering micro, small, and medium-sized enterprises (MSMEs), has announced the successful completion of a strategic investment round. The round, totaling ₹690 crore (approximately USD $86 million), represents a significant vote of confidence in Ambit Finvest’s mission and growth trajectory. The investment is anchored by a ₹415-crore commitment from Daiwa Securities Group, a prominent Japanese financial services firm, with additional contributions from existing shareholders.
Ambit Finvest Secures Strategic Investment of ₹690 Crore to Bolster MSME Financing in India
Fueling Growth and Expanding Support for MSMEs
“This strategic investment signifies a critical juncture for Ambit Finvest,” remarked Ashok Wadhwa, Group CEO of Ambit. “The fresh capital will empower us to accelerate our market presence and propel our next phase of growth. This, in turn, will enable us to extend even more comprehensive support to the vital MSME sector, which is the backbone of the Indian economy.”
Founded in 2018, Ambit Finvest has established itself as a trusted financial partner for MSMEs. The company offers a diversified suite of financial solutions, encompassing secured and unsecured business loans, along with used vehicle loans. This comprehensive portfolio empowers MSME owners to secure the necessary capital to fuel their business aspirations, overcome operational hurdles, and contribute meaningfully to India’s economic dynamism.
A Legacy of Success and a Visionary Approach
Ambit Finvest’s commitment to MSMEs is demonstrably evident in its impressive track record. Within a mere six years of operation, the company has disbursed over ₹6,000 crore in loans and currently manages assets exceeding ₹3,800 crore. This translates into tangible support for a staggering 68,000 MSME business owners across the nation. Ambit Finvest maintains a robust physical presence with a network of 165 branches spread across 11 states, staffed by a dedicated team of 2,000 employees. The company’s philosophy extends beyond simply offering financial products. Recognizing the pivotal role of financial literacy and business acumen in MSME success, Ambit Finvest provides educational resources and financial workshops, equipping MSME owners with the necessary knowledge and expertise to make sound financial decisions and navigate the complexities of business management.
A Strategic Partnership for Mutual Benefit
The investment by Daiwa Securities Group represents a significant milestone for Ambit Finvest. Daiwa, a long-term strategic investor, acknowledges the immense potential of the Indian MSME sector and the crucial role Ambit Finvest plays in its growth. “We view India as a strategically important market with prospects for sustained economic expansion,” stated Seiji Nakata, President and CEO of Daiwa Securities Group. “Our investment in Ambit Finvest underscores our unwavering confidence in the company’s leadership and its unwavering commitment to empowering MSMEs.”
A Symbiotic Partnership with Global Implications
This strategic partnership extends beyond financial investment. Daiwa and Ambit already collaborate on initiatives within institutional equities, equity capital markets, and public fundraising. As Nakata highlights, the investment in Ambit Finvest presents the potential to “expand business operations in India” and leverage the existing Indo-Japan economic corridor for further growth. This collaboration opens doors for knowledge sharing and the cross-pollination of best practices between the two financial powerhouses, ultimately benefiting both Indian and Japanese businesses.
Building a Brighter Future for Indian MSMEs
The ₹690 crore capital injection empowers Ambit Finvest to strengthen its technological infrastructure, expand its branch network, and refine its product offerings. A portion of the capital will be directed towards developing user-friendly mobile applications and online loan management platforms. This focus on digital innovation will streamline the loan application process for MSMEs, optimize operational efficiency for Ambit Finvest, and enhance the overall customer experience. By fostering financial inclusion, innovation, and growth within the MSME sector, Ambit Finvest, with the backing of Daiwa Securities Group, is well-positioned to make a lasting impact on the economic landscape of India.
Beyond Capital: A Holistic Approach to MSME Empowerment
Ambit Finvest’s commitment to MSMEs goes beyond simply providing financial capital. The company aspires to be a true partner in the entrepreneurial journeys of MSME owners, offering not only loans but also financial guidance, mentorship, and access to valuable business networks. This holistic approach positions Ambit Finvest as a key driver of MSME growth and a vital contributor to the socio-economic development of India.
About Ambit Finvest
Ambit Finvest Pvt. Ltd., the systemically important NBFC of Ambit Group, empowers 68,000+ MSMEs across 11 states, disbursing INR ~6,000 crore loans, embodying ‘pragati ke partner
