About Ascend Telecom
Ascend Telecom is a Telecommunications company based in Bengaluru (India) founded in 2002. Passive telecom infrastructure and allied services are provided. Ascend Telecom has raised $175.77 million across 6 funding rounds from investors including IDFC First Bank, Infrastructure Leasing & Financial Services and NSR Partners. The company has 161 employees. Ascend Telecom was last valued at $181.22 million in March 2012. Its chief executive, as recorded, is Sushil Kumar Chaturvedi. Its Indian entity Ascend Telecom Infrastructure Private Limited reported revenue of ₹2,580 Cr. Ascend Telecom offers products and services including Customised Telecom Towers and Smart Pole. Its focus areas include Telecom and Telecom Infrastructure.
Company details
Ascend Telecom was founded in 2002 and is headquartered in Bengaluru, India. Operations focus on the telecom sector, where passive infrastructure is delivered on a shared, multi-tenant basis to support mobile and wireless services. Additional services encompass site location, design, execution, and maintenance of telecom facilities, ensuring reliable support for network providers across the region.
- Headquarters Bengaluru, India
- Employees 161
- Stage Minicorn
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website ascendtele.com
- Social LinkedIn Facebook
- Legal Name Ascend Telecom Infrastructure Pvt. Ltd
- Date of Incorporation 28 Mar, 2002
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹2,580 Cr
FY 2025 · +19% YoY
- Net Profit₹537 Cr
FY 2025 · 21% margin
- EBITDA₹1,556 Cr
FY 2025 · 62% margin
- Total Equity Funding$175.77M (USD)
in 6 rounds
- Latest Funding Round$90.24M (USD), Series D
Mar 2017
- InvestorsIDFC First Bank
& 2 more
- Employee Count161
Associated legal entities of Ascend Telecom
Ascend Telecom operates through Ascend Telecom Infrastructure Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ascend Telecom Infrastructure Private Limited CIN U70102TG2002PTC038713 | Active | 28 Mar 2002 | Secunderabad, Telangana | ₹2,580 Cr | 168 | 6 | View details |
Products & Services of Ascend Telecom
Ascend Telecom offers a comprehensive portfolio of products and services, including Customised Telecom Towers and Smart Pole.
Customized telecom towers are provided for multi-operator use on ground-based and rooftop setups to support network expansion.
Smart poles are supplied for urban environments with heights ranging from 9 to 21 meters, designed to blend with surroundings and enhance connectivity.
Funding Insights of Ascend Telecom
Ascend Telecom has successfully raised a total of $175.77M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $90.24 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $175.77M
- Total Rounds 6
- Last Round Series D — $90.24M
- First Round $21.81M
(Jul 2007)
- Investors Count 3
All 6 funding rounds of Ascend Telecom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $90.24M | Series D | – | IDFC First Bank | |
| Mar 2012 | $47.41M | Series C | $181.22M | NSR Partners | |
| Aug 2011 | $4.49M | Series B | $117.73M | NSR Partners | – |
| Aug 2010 | $3.21M | Series A | $••••• | NSR Partners | – |
| Oct 2008 | $8.6M | Series A | – | NSR Partners | – |
| Jul 2007 | $21.81M | Series A | $••••• | NSR Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2012 | $181.22M | •••••••• |
| Aug 2011 | $117.73M | •••••••• |
| Aug 2010 | $••••• | •••••••• |
| Jul 2007 | $••••• | •••••••• |
Full valuation and stage history of Ascend Telecom
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $181.22M (Mar 2012). 3 investors in total: 3 institutional.
Investors in Ascend Telecom
Ascend Telecom has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include IDFC First Bank, Infrastructure Leasing & Financial Services and NSR Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage private equity investments are pursued across sectors. | nsrpartners.com | New York, United States | ||
Infrastructure financing and advisory solutions are provided by the NBFC. | 1987 | ilfsindia.com | Mumbai, India | |
Commercial bank | 1997 | idfcfirstbank.com | Mumbai, India |
Investor details for Ascend Telecom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Ascend Telecom Infrastructure Private Limited (Ascend Telecom)
Ascend Telecom Infrastructure Private Limited is the primary company behind Ascend Telecom. The board of Ascend Telecom Infrastructure Private Limited currently have 5 directors; the longest-serving is Milind Mukund Joshi, appointed in 2017. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Mukund Joshi DIN 02685576 | Nominee Director | 31 Mar 2017 | 9 yrs 7 mo | Ascend Telecom Infrastructure Private Limited |
| Sharad Malhotra DIN 02192770 | Nominee Director | 23 Mar 2022 | 4 yrs 7 mo | Ascend Telecom Infrastructure Private Limited |
| Anjali Gupta DIN 00781921 | Director | 01 Feb 2024 | 2 yrs 9 mo | Ascend Telecom Infrastructure Private Limited |
| Syed Mohammed Aun Safawi DIN 02993292 | Director | 03 Feb 2024 | 2 yrs 9 mo | Ascend Telecom Infrastructure Private Limited |
| Samad A Momin DIN 02531039 | Additional Director | 29 May 2025 | 1 yr 5 mo | Ascend Telecom Infrastructure Private Limited |
People of Ascend Telecom
1 people are tracked at Ascend Telecom (1 in leadership); the tracked headcount is 161.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Ascend Telecom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Ascend Telecom
Figures of Ascend Telecom Infrastructure Private Limited, the primary company behind Ascend Telecom, for FY 2025. Revenue was ₹2,580 Cr (+19% year on year). Net profit was ₹537 Cr (21% margin). EBITDA was ₹1,556 Cr (62% margin). Revenue has grown at a compounded annual rate of +41% over three years and +26% over five years.
- ₹2,580 CrRevenue · FY 2025 · +19% YoY
- ₹537 CrNet profit · 21% margin
- ₹1,556 CrEBITDA · 62% margin
- ₹48.24 CrPaid-up capital
- 168Employees (provident fund records)
- +41%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ascend Telecom Infrastructure Private Limited are on its company page.
Detailed financial statements for Ascend Telecom
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Ascend Telecom
4 dated milestones of Ascend Telecom across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Ascend Telecom is founded.
- Funding First funding round of $21.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $90.2M.
Web traffic of Ascend Telecom
The website of Ascend Telecom (ascendtele.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 11.8% vs previous month
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Related news about Ascend Telecom
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Frequently Asked Questions about Ascend Telecom
Ascend Telecom was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Ascend Telecom is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sushil Kumar Chaturvedi is the CEO of Ascend Telecom, as recorded in our data.
Ascend Telecom is a funded company, having raised a total of $175.77M across 6 funding rounds to date. The company's 1st funding round was a Series A of $21.81M, raised on Jul 2007.
Ascend Telecom has 161 employees.
The primary company behind Ascend Telecom, Ascend Telecom Infrastructure Private Limited, reported revenue of ₹2,580 Cr for FY 2025, up 19% year on year.
Ascend Telecom was founded in 2002 and is headquartered in Bengaluru, India. Operations focus on the telecom sector, where passive infrastructure is delivered on a shared, multi-tenant basis to support mobile and wireless services. Additional services encompass site location, design, execution, and maintenance of telecom facilities, ensuring reliable support for network providers across the region.
Ascend Telecom offers Customised Telecom Towers and Smart Pole.
Ascend Telecom has 3 investors. Key investors include IDFC First Bank, Infrastructure Leasing & Financial Services, and NSR Partners.
The valuation of Ascend Telecom is $181.22M as of Mar 2012.
Ascend Telecom operates through Ascend Telecom Infrastructure Private Limited.
The legal entities of Ascend Telecom currently have 6 directors, including Milind Mukund Joshi, Anjali Gupta, Sharad Malhotra and others.