India, Jan. 28 -- Fintech marketplace for home finance Ambak has raised $7 Mn (around INR 60 Cr) in a funding round combining seed and Pre-Series A infusions.

The seed round was led by Peak XV's Surge, with Peak XV Partners doubling down for the Pre-Series A, along with participation from Advantage VC, DeVC and angel investors.

The Gurugram-based startup plans to deploy the fresh proceeds to expand operations to 35 cities, aiming to serve more than 100,000 customers and exceed $1 Bn in loan disbursement by FY26.

Launched in 2024, Ambak offers a marketplace for home loans against property, assisting customers through the process. It has more than 50 lenders and serves more than 15,000 customers and 3,000 intermediaries.

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