About Ascend Telecom
Ascend Telecom is a company based in Bengaluru (India) founded in 2002. 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 168 employees as of April 07, 2024. Ascend Telecom offers products and services including Customised Telecom Towers and Smart Pole.
- Headquarter Bengaluru, India
- Employees 168 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Telecommunications
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ascend Telecom Infrastructure Pvt. Ltd
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$122.78 M (USD)10.42as on Mar 31, 2023
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Net Profit
$18.38 M (USD)24.71as on Mar 31, 2023
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EBITDA
$61.21 M (USD)16.42as on Mar 31, 2023
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Total Equity Funding
$175.77 M (USD)
in 6 rounds
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Latest Funding Round
$90.24 M (USD), Series D
Mar 30, 2017
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Investors
IDFC First Bank
& 2 more
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Employee Count
168
as on Apr 07, 2024
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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.
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 |
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Growth-stage private equity investments are pursued across sectors.
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Infrastructure financing and advisory solutions are provided by the NBFC.
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Commercial bank
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Locked | Locked | Locked |
Investor details for Ascend Telecom
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Investments & Acquisitions by Ascend Telecom
Investment portfolio details for Ascend Telecom
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Financial Statements - Ascend Telecom
Detailed financials for Ascend Telecom
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Ascend Telecom Comparisons
Peer comparison for Ascend Telecom
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Competitors of Ascend Telecom
Detailed competitors of Ascend Telecom
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Latest news on 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 current CEO of Ascend Telecom.
Ascend Telecom is a funded company, having raised a total of $175.77M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Ascend Telecom is 168.
Annual revenue of Ascend Telecom is $122.78M as on Mar 31, 2023.
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.