Ambit Global Private Client Cements Market Leadership with Strategic Investment from Daiwa Securities Group
Ambit Global Private Client, the wealth management arm of the Ambit Group - one of India’s premier financial services conglomerates, announced a landmark strategic development. Daiwa Securities Group has entered into a definitive agreement to acquire a minority stake in Ambit Wealth Private Limited.
This all-primary capital infusion of approximately USD 32m marks the expansion of a thriving partnership between the groups poised to capture the exponential value creation within India’s $11.6 trillion wealth management opportunity.
Since its inception in 2020, Ambit GPC has transcended the traditional wealth model to build a high-growth, profitable, and resilient business in the UHNW segment. The firm manages AUM approaching USD 10bn for India’s most distinguished families through its presence across Mumbai, Delhi, Bangalore, and DIFC (Dubai).
Anchored by a ‘Client-First’ philosophy, Ambit GPC is recognised for its sophisticated investment architecture and legacy-building solutions. The firm has curated an industry-leading ecosystem that features a proprietary Direct Deal vertical offering exclusive access to private markets, alongside award-winning proprietary strategies (PMS & AIFs) and an innovative Infrastructure and InvIT proposition. This is complemented by a research-led Capital Markets & Trading business, a robust Fixed Income desk, and Ambit Select—a curated managed product distribution framework. Furthermore, the firm offers a specialised offshore platform for global market access, all held together by the unifying power of institutional-grade macro research, which drives the firm's asset allocation strategy. These capabilities are powered by an exceptional team that brings deep expertise and unwavering commitment to clients.
The capital raised will catalyse Ambit GPC’s next growth phase, enabling investments into superior ‘high-touch, high-tech’ client experience, strategic geographic expansion, and further deepening the firm’s exceptional talent bench strength.
As part of this strategic alliance, Daiwa will appoint a Director to the Board of Ambit Wealth. The transaction is subject to customary closing conditions and regulatory approvals. This investment also reinforces the robust Indo-Japan corridor strategy championed by both firms, building upon a series of deliberate collaborations. In May 2023, the partners renewed their alliance to collaborate on Institutional Equities and Equity Capital Markets - spanning IPOs and public fund-raising - leveraging the corridor to service global clients. This momentum continued in March 2024 with Daiwa’s acquisition of a minority stake in Ambit Finvest to drive financial inclusion. With this latest investment in Ambit GPC, both partners reaffirm their commitment to unlocking value across the full spectrum of the Indian financial landscape.
Ambit GPC operates at the vanguard of India’s wealth market, a sector witnessing a historic structural shift driven by the rapid financialisation of savings and a projected 18% CAGR in the specialised wealth segment through FY30. As India solidifies its rank as the third-largest billionaire capital globally, Ambit GPC has distinguished itself as a high-quality, pure-play platform for UHNIs and Family Offices.
Norbert Gehrke
