Key Transactions

Safari Industries

ECM

USD 13 mn

FY23

Sale of PE Investor's stake

Ambit acted as the Sole Broker to Investcorp PE for partial stake sale in Safari Industries

Sale of PE Investor's stake

Ambit acted as the Sole Broker to Investcorp PE for partial stake sale in Safari Industries

Capital Raise

NA

FY23

Series D Add-on Round

Ambit acted as the financial advisor to Waycool in its Series D Add-on fundraise

Series D Add-on Round

Ambit acted as the financial advisor to Waycool in its Series D Add-on fundraise

Bewakoof Brands

M&A

NA

FY23

Divestment of ~82% stake by Bewakoof Brands and its shareholders to Aditya Birla Group’s “TMRW” house of brands

Exclusive financial advisor to Bewakoof Brands and its shareholders on divestment of ~82% stake (on a fully diluted basis) to Aditya Birla Digital Fashion Ventures Limited (“TMRW”) - a D2C fashion & lifestyle house of brands.

Divestment of ~82% stake by Bewakoof Brands and its shareholders to Aditya Birla Group’s “TMRW” house of brands

Exclusive financial advisor to Bewakoof Brands and its shareholders on divestment of ~82% stake (on a fully diluted basis) to Aditya Birla Digital Fashion Ventures Limited (“TMRW”) - a D2C fashion & lifestyle house of brands.

Triveni Turbine Limited

ECM

USD 200 mn

FY23

Sale of Promoter stake

Ambit acted as the Sole Broker to Triveni Engineering for their 21.85% stake sale in Triveni Turbines

Sale of Promoter stake

Ambit acted as the Sole Broker to Triveni Engineering for their 21.85% stake sale in Triveni Turbines

Capital Raise

NA

FY23

4:43:00 PM

Ambit acted as the financial advisor to Chai Point in its Series C Add-on fundraise

4:43:00 PM

Ambit acted as the financial advisor to Chai Point in its Series C Add-on fundraise

Capital Raise

USD 104 mn

FY23

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Part of Series D fundraise

Financial advisor to FreshToHome for a part of its Series D fundraise of $104mn. The round saw participation from several new and existing investors

Hatsun Agro

ECM

USD 34 mn

FY23

Sale of Promoter stake

Ambit acted as the sole Broker to promoters for their 1.26% stake sale in Hatsun Agro Products

Sale of Promoter stake

Ambit acted as the sole Broker to promoters for their 1.26% stake sale in Hatsun Agro Products

Capital Raise

USD 50 mn

FY23

Series A1 round

Ambit advises Goat Brand Labs in its Series A1 round. Round saw participation from a mix of domestic and global investors.

Series A1 round

Ambit advises Goat Brand Labs in its Series A1 round. Round saw participation from a mix of domestic and global investors.

Triveni Turbine Limited

ECM

INR 1.9 bn

FY23

Manager to Tender Buyback Offer of Triveni Turbine Limited

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders

Manager to Tender Buyback Offer of Triveni Turbine Limited

Ambit acted as Manager to tender Buyback Offer which helped the company distribute surplus cash to all shareholders