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Ashok Wadhwa

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Ambit Pragma accelerates wind-down process after demise of key exec

People

08 March, 2021

Ambit Pragma accelerates wind-down process after demise of key exec

The untimely demise of a key executive has hastened the wind-down process of mid-market private equity firm Ambit Pragma, currently ......

Toppr backer Foundation Holdings bets on GrayQuest Education Finance

TMT

17 August, 2020

Toppr backer Foundation Holdings bets on GrayQuest Education Finance

GrayQuest Education Finance Pvt Ltd, a financial-technology company focussed on education fees, has raised $1.2 million (Rs 9 crore) in ......

Ambit appoints former Avendus top exec as CEO of wealth biz

Finance

30 September, 2019

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 head the wealth management business, the ......

Ambit Finvest acquires SME lending business of Finmax Credit

Finance

04 September, 2018

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) lending business of ......

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

People

20 April, 2018

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 LLC’s 26% stake in the ......

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Ambit Pragma suspends fresh investments

General

07 March, 2017

Ambit Pragma suspends fresh investments

Ambit Pragma Advisors LLP, the mid-market private equity firm anchored by Ambit Capital Pvt. Ltd, has decided to stop investing ......

Ambit ties up with Japanese investment bank Daiwa

General

16 December, 2016

Ambit ties up with Japanese investment bank Daiwa

Financial services firm Ambit Pvt. Ltd has forged a strategic alliance with Daiwa Securities Group Inc., a Japanese investment bank, ......

PE firm JC Flowers to float JV with Ambit Holdings for distressed assets in India

General

11 March, 2016

PE firm JC Flowers to float JV with Ambit Holdings for distressed assets in India

The New York-based private equity firm JC Flowers & Co is floating a joint venture with Ashok Wadhwa-led investment bank ......

Big controversy: Section 90 amendment regarding tax residency certificates (TRC)

Others

01 March, 2013

Big controversy: Section 90 amendment regarding tax residency certificates (TRC)

Pending clarification from the Finance Ministry, we take this to mean that from 1 April 2013, FIIs who are investing ......