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Ambak

Founded 2023 · 368 employees on LinkedIn · 9 known investors

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Ambak is a fintech marketplace in India that connects home buyers and loan distributors with over 50 lending partners, using a proprietary bank rule engine and credit score tools to match users with financiers. The platform provides real-time application tracking, lender comparison, and tools for home loan distributors to manage payouts and commissions.

B2B MarketplacesFintechMarketplacesPropTechSaaS

Founders & leadership

Ambak was founded in 2023 by Rashi Garg.

RGRashi Garg
Rashi GargCo-FounderRashi Garg has over 12 years of experience building and scaling new business lines at technology startups, including roles at CarDekho and ZestMoney where he worked with senior leadership and founders. He has managed P&Ls for over 9 years, led large teams across B2C and B2B sales, and built processes for telecalling and field sales operations.

Investors · 9

DeVClisted by DeVCBengaluru · $50K – $500K

How we know: DeVC's portfolio page · economictimes.indiatimes.com · Not right? Tell us

Peak XV Partnerslisted by Peak XV PartnersBengaluru · $100K – $10M

How we know: funding news · economictimes.indiatimes.com · Not right? Tell us

Surgelisted by SurgeTrianon · $500K – $5M

How we know: Surge's portfolio page · Not right? Tell us

Quona CapitalreportedWashington · $5M

How we know: funding news · startup.economictimes.indiatimes.com · Not right? Tell us

Z47reportedMumbai · $2M – $10M

How we know: funding news · economictimes.indiatimes.com · Not right? Tell us

Also in the syndicate · 3

Advantedge VCPeak XV Partners' SurgeleadPeak XV's Surgelead

Funding

SEC filings, press & company announcements

$7M disclosed across 1 of 2 rounds · 2025–2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 8

No BrokerNoBroker is an online rental platform that connects tenants directly with property owners, eliminating brokers and brokerage fees. It provides verified, owner-listed properties with photos and neighborhood details to help renters find homes in India.
BankbazaarThis is a blog page hosting personal-finance content, including an article tying Teacher's Day to financial lessons. The page itself provides no clear description of the company or its products.
BasicBASIC Home Loan operates an online platform that matches borrowers with home loans across 100+ lenders, using proprietary technology built on banks' credit policies to check eligibility and generate offers. It provides assigned advisors who handle end-to-end application, digital verification, and documentation for salaried and self-employed applicants in India.
ClearClear is a SaaS platform that provides cloud-based financial software for GST compliance, tax filing, and invoicing for Indian businesses and individuals. The platform serves micro and small enterprises, tax professionals, and enterprise clients with AI-powered financial management tools.
Square YardsSquare Yards operates a full-stack proptech and fintech platform for buying, renting, and investing in residential and commercial real estate across major Indian cities, initially serving NRIs and now the broader homebuyer market. The company offers property discovery, home loans (Urban Money), property management (Azuro), asset management and data intelligence (PropsAMC), and interior/furnishing services.
GrowwGroww is an investment platform that allows users to buy and sell exchange-traded funds (ETFs) through an online portal. The platform serves retail investors, including beginners, seeking simplified access to diversified investment products.
CreditMantriCreditMantri operates an online platform that builds a user's credit profile using credit bureau data (Equifax) and non-traditional sources, then uses a proprietary matching engine to pair borrowers with lenders whose criteria they meet. It lets Indian consumers check credit scores, compare loans and credit cards, and apply online with matched lenders.
Credit DharmaCredit Dharma simplifies home loan acquisition and management in India by connecting borrowers with banking partners, offering transparency on rates and costs while facilitating balance transfer services to reduce interest burdens. The platform serves homebuyers across India seeking to reduce loan complexity and expenses.

Companies working in the same space as Ambak.

In the news

Ambak Secures $7 Million Funding to Expand Home Loan Marketplace - Ambak- Simplifying home loan finance blogambak.com · Jan 2025

Frequently asked questions

What does Ambak do?
Ambak is a fintech marketplace in India that connects home buyers and loan distributors with over 50 lending partners, using a proprietary bank rule engine and credit score tools to match users with financiers. The platform provides real-time application tracking, lender comparison, and tools for home loan distributors to manage payouts and commissions.
Who founded Ambak?
Ambak was founded by Rashi Garg in 2023.
Who are Ambak's investors?
Ambak's investors include Advantedge Founders, DeVC, Peak XV Partners, Surge, Quona Capital, Z47.
How much funding has Ambak raised?
Ambak has disclosed $7M raised across 1 of its 2 known rounds.