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Serum Institute's Adar Poonawalla bets $40 mn on Mumbai NBFC

Finance

Serum Institute's Adar Poonawalla bets $40 mn on Mumbai NBFC

Adar Poonawalla, CEO at vaccine maker Serum Institute of India Pvt. Ltd, has invested in a non-...

Ambit appoints former Avendus top exec as CEO of wealth biz

Finance

Ambit appoints former Avendus top exec as CEO of wealth biz

Mumbai-based investment firm Ambit Group has hired a senior executive from KKR-backed Avendus to ...

Ambit Finvest acquires SME lending business of Finmax Credit

Finance

Ambit Finvest acquires SME lending business of Finmax Credit

Ambit Finvest Pvt. Ltd, a unit of Ambit Group, has bought the small and medium enterprises (SME) ...

Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit

People

Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit

Ace dealmaker Ashok Wadhwa, group CEO at Ambit Holdings, will acquire Qatari investment firm QInvest...

Edelweiss to acquire Ambit Alpha hedge fund

General

Edelweiss to acquire Ambit Alpha hedge fund

Financial services group Edelweiss has agreed to acquire Ambit Investment Advisors' flagship hedge ...