Ambit Private Limited has announced the appointment of Skanda Jayaraman as Co-Head of its Investment Banking business. 

Ambit Investment Banking is a leading Indian financial institution providing bespoke advisory in Corporate Finance, Equity Capital Markets, and M&A. 

Skanda Jayaraman brings over 23 years of diverse experience spanning fintech leadership, investment banking, and credit risk across India and Singapore.

Most recently, he operated as the Founder of Altflow Advisors in Bangaluru, where he built a data solutioning platform for the BFSI ecosystem and advised mid-market clients on capital raising strategies. He previously served as the CEO of Qapita Marketplace in Singapore, and prior to that, as the Managing Director & Head of Investment Banking at Spark Capital Advisors.

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As part of this leadership enhancement, Skanda will co-lead the Investment Banking business along with Rahul Mody, Head – Investment Banking at Ambit, driving the next phase of the franchise’s evolution. This structure is aimed at further strengthening the company's market positioning while expanding its reach and sectoral depth.

Together, Rahul and Skanda will enable more focused, sector-led engagement across the Indian economy, supported by dedicated leadership across key sectors. This strategic move positions Ambit to deliver sharper execution and differentiated, high-impact advisory solutions to a broader client base.

In a concurrent strategic move, Vikas Khattar, Head – ECM & FSG Coverage at Ambit, who has been instrumental in building Ambit’s capital markets franchise, will now direct his focus exclusively towards leading and scaling Equity Capital Markets (ECM) business, alongside deepening our Financial Sponsors Group (FSG) coverage.

With ECM emerging as a key growth driver characterised by strong scalability and long-term value creation potential, and FSG as an increasingly important constituent for the capital markets activity, this move enables sharper execution, deeper client engagement, and sustained momentum.

“Ambit has consistently focused on building a best-in-class advisory platform anchored in strategic insight, execution excellence and client centricity. Skanda’s appointment as Co-Head of Investment Banking marks an important step in driving the next phase of Ambit’s growth journey. His entrepreneurial mindset, deep sectoral expertise, and strong execution track record will be instrumental to partner with emerging and established leaders in this rapidly evolving market landscape. Together with Rahul Mody and Vikas Khattar, we have a leadership team with the depth and breadth to further strengthen our position in the Indian M&A and Capital Markets,” Ashok Wadhwa, Group CEO, said.

Ionic Wealth By Angel One: Wealth-tech platform Ionic Wealth has onboarded Rohit Suri to accelerate its UHNI business focus. Rohit Suri, a seasoned private banker to India’s top families, will lead Ionic’s strategic offerings across family office, offshore investments and alternative assets, the company said in a media release.

Rohit Suri has over two decades of experience in India and the UAE. Rohit Suri brings deep expertise in scaling UHNI-focussed wealth businesses.

Ionic Wealth by Angel One: About Rohit Suri

He most recently served on the Executive Committee at Avendus Wealth Management, where he played a key role in expanding UHNI coverage and strengthening regional leadership in North India.

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Earlier, as part of the founding leadership team at Reliance Private Client, Rohit Suri contributed to shaping its UHNI proposition and client acquisition strategy.

Rohit Suri is known for developing high-performance advisory teams and driving deeper client engagement. His joining is expected to accelerate Ionic Wealth’s market penetration and leadership presence across priority geographies.

Rohit Suri said that the UHNI segment in India is at an inflexion point, with rising demand for bespoke, globally integrated wealth solutions.

"I am delighted to join Ionic Wealth and look forward to building on the strong foundation already in place and driving the next phase of growth in the UHNI segment,” he said in a statement.

Ionic Wealth By Angel One: About

Angel One Wealth Limited, operating under the brand Ionic Wealth, is a wholly owned subsidiary of Angel One Limited. Ionic Wealth is an omnichannel wealth-tech platform co-founded by Srikanth Subramanian, Shobhit Mathur and Dharmendra Jain in 2024.
 

Jana Small Finance Bank-RCB Partnership: Jana Small Finance Bank has announced its partnership with IPL team Royal Challengers Bengaluru (RCB) as the official banking partner for the 2026 season.

As part of this association, Jana Small Finance Bank will be the exclusive banking partner of the franchise for the duration of the partnership.

Royal Challengers Bengaluru had won the IPL title in 2025. The defending champions started their IPL 2026 journey with a victory over Sunrisers Hyderabad.

Both Jana Small Finance Bank and RCB are headquartered in Bengaluru, the capital city of Karnataka.

Ajay Kanwal, MD and CEO, Jana Small Finance Bank, said that the partnership between the bank and RBC reflects a shared connection with the city and its people.

Jana Small Finance Bank-RCB Partnership

“RCB’s journey is a strong reflection of resilience, underpinned by immense potential and a steadfast commitment to the highest standards of ethical practices—values that resonate closely with us. We share a belief that perseverance, hard work and teamwork deliver results and that pursuit of excellence never stops. Through this partnership, we look forward to engaging with a wider audience and further strengthening our commitment to excellence while supporting aspirations across India,” Ajay Kanwal said.

Jana Small Finance Bank-RCB Partnership

“As two Bengaluru-rooted brands, this partnership is built on shared values of resilience, integrity and a commitment to excellence. We look forward to creating meaningful engagements for our fans and communities across India,” Rajesh Menon, CEO, Royal Challengers Bengaluru, said.

The partnership will be in effect for the 2026 season, spanning March to December 2026.