Our Story

Ambition – means an earnest desire for success & distinction and the willingness to strive for its attainment –- founded to provide financial inclusion offerings to the unbanked communities in the underserved areas. The enterprise is shaped by Mr. Praveen Choudhary and Mr. Ankur Singhal, two experienced and knowledgeable professionals with complementary capabilities in Microfinance, Banking, Financial Services and remarkable track record of working with Start-ups. The promoters have worked in microfinance establishments in Business Operations, Strategy and Risk & Audit domains at senior positions. Ambition has a strong group of skilled professionals from financial inclusion and microfinance domain. Team Ambition has the process rigour and is committed to provide providing responsible finance alongside with a client centric approach.

In the last 15 years, terrific growth has took taken place around micro-credit services and its outreach has surprisingly accelerated in most parts of India. However, the loan products like enterprise loans, value-chain financing, micro-housing loans have received restricted attention from the lenders and have not gained much traction on the ground. Ambition, in addition to micro-credit, will provide these products to the financially excluded low profit organizations in partnership with banks and financial institutions. Ambition will additionally partner with banks for financial inclusion initiatives like opening of bank savings accounts, recurring deposit and remittances.