Daiwa partners with Ambit through a minority stake

Mumbai, May 8, 2023: Ambit, one of India’s premier providers of financial advice and capital, has today announced that Daiwa Securities Group Inc. (“Daiwa”), will acquire a minority stake in Ambit Private Limited. Historically, Daiwa has been associated with Ambit to expand its business, which has led to establishing a strong, mutual foundation of the relationship. The investment, coupled with the steady growth of the Indian economy will set the stage for both businesses to further flourish in India.