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|| QInvest bought 25% of Indian financial advisory firm for $54 million

ambit-qinvest.jpgQInvest, a Qatari investment bank, has agreed to make a strategic investment in Ambit Group, an Indian investment banks, for a 25% stake in the firm.

India's Economic Times has reported the deal value at around $54 million. The deal, the company's first investment in India, will help Ambit expand its investment banking, advisory and private wealth businesses.

To see more Middle East investors like QInvest, check our investors directory.

Their full press release follows

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