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Ascend Capital logo — Financing Clean Energy Mobility

Ascend Capital

Financing Clean Energy Mobility

Founded 2019 India Jaipur, India 79 employees Series A Total: $500.00M Financial Services, Fintech +1

General Information

Company Name Ascend Capital
Founded Year 2019
Location India Jaipur, India
Employees 79
Industries Financial Services, Fintech, Lending and Investments
Funding Stage Series A
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About Ascend Capital

Ascend Capital is a Jaipur-based NBFC that has recently garnered attention with its focus on financing for commercial EVs. This fast-growing startup, founded in 2019, is spearheading the EV revolution, leveraging the expertise of co-founders who are alumni of premier institutions like IIT and IIM. The company's recent INR500.00M Series A investment on February 13, 2024, led by Info Edge Ventures and Asha Ventures, reflects the confidence of renowned investors in Ascend Capital's vision. As reflected in its slogan, "Financing Clean Energy Mobility," the startup is aligning with the global shift towards sustainable energy solutions, contributing to the evolution of the Financial Services and Fintech industries. With this momentum, Ascend Capital is well-positioned to power its growth phase and emerge as a significant player in the clean energy financing landscape.

Business keywords: Ascend Capital, NBFC, Commercial EV Financing, Series A, Clean Energy, Electric Vehicle, IIT Alumni, IIM Alumni, Financing, Startup, Investment, Mobility, Green Energy, Jaipur, Startup Growth

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A INR500.00M 2
Info Edge Ventures
Info Edge Ventures, Asha Ventures
13 Feb 2024

Ascend Capital Alternatives & Competitors

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FAQ About Ascend Capital

Financing Clean Energy Mobility
Ascend Capital was founded in 2019.
Ascend Capital is headquartered in Jaipur, India.
Ascend Capital operates in Financial Services, Fintech and Lending and Investments. Its work centres on Ascend Capital, NBFC, Commercial EV Financing and Series A.
Ascend Capital has approximately 79 employees.
Ascend Capital has completed 1 funding round, raising a total of $500.00M. The latest funding stage is Series A.
Top alternatives and competitors to Ascend Capital include FinBucket | India's Top Digital Loans Portal, Turno, Westwood Funding, Wefunder, CrowdFundMe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ascend Capital and FinBucket | India's Top Digital Loans Portal are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ascend Capital, https://bouncewatch.com/company/ascend-capital, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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