India, June 24 -- Home loan marketplace Ambak is in talks to raise Rs.80 Cr ($8.4 Mn) in a fresh funding round, which will be led by Quona Capital, sources close to the development told Inc42.

The round will also see participation from the startup's existing investors, including Peak XV Partners and Z47 Partners, among others, the sources added.

Ambak is raising the funding at a post-money valuation in the range of Rs.650-680 Cr.

Questions sent to both Ambak and Quona Capital on the funding round didn't elicit any response till the time of publishing the story.

Founded in 2023 by Raghuveer Malik, Pranav Khattar, Rameshwar Gupta, Ashish Lohia and Rashi Garg, Ambak operates a marketplace for home loans. It has more than 50 lender partne...