About Ascendas
Ascendas Business Solutions was established in 2000 in Chennai, India, as a firm focused on business consultancy. Practical solutions are delivered to support operational management across various sectors. Services encompass advisory on efficiency improvements and management processes. Operations are centered in the Indian market, with expertise applied to diverse business challenges. Leadership is provided by CEO Aloke Bhuniya.
- Headquarter Chennai, India
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Annual Revenue
$20.99 M (USD)-15as on Mar 31, 2022
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Net Profit
$0 (USD)0as on Mar 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
CapitaLand
(Oct 10, 2023)
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Funding Insights of Ascendas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ascendas
Ascendas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CapitaLand. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Real estate development, investment, and management are undertaken globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ascendas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ascendas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ascendas Comparisons
Competitors of Ascendas
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ascendas
When was Ascendas founded?
Ascendas was founded in 2000.
Where is Ascendas located?
Ascendas is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Ascendas?
Aloke Bhuniya is the current CEO of Ascendas.
What is the annual revenue of Ascendas?
Annual revenue of Ascendas is $20.99M as on Mar 31, 2022.
What does Ascendas do?
Ascendas Business Solutions was established in 2000 in Chennai, India, as a firm focused on business consultancy. Practical solutions are delivered to support operational management across various sectors. Services encompass advisory on efficiency improvements and management processes. Operations are centered in the Indian market, with expertise applied to diverse business challenges. Leadership is provided by CEO Aloke Bhuniya.
Who are Ascendas's investors?
Ascendas has 1 investor. Key investors include CapitaLand.
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