About Ascent Business Solutions
Ascent Business Solutions is a Business Services company based in Nagpur (India) founded in 1998, and was acquired by Marco Technologies in May 2019. Provider of BPO services for healthcare. It operates in the Business Services and Healthcare sectors. The company has 62 employees. Its Indian entity Ascent Business Solutions India Private Limited reported revenue of ₹8.49 Cr. Ascent Business Solutions offers products and services including ARMS Ai Platform, Patient Intake Management, Medical Coding, and Denials Management. Its focus areas include BPO Services, Industry Specific, Services for Healthcare Providers and BPO.
Company details
Ascent Business Solutions provider of bpo services for healthcare, focusing on providing business support, bpo services, industry specific, and providing healthcare solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Nagpur, India
- Employees 62
- Stage Acquired
- SectorsBusiness ServicesHealthcare
- Website ascent-group.com
- Social LinkedIn Facebook
- Acquired by Marco Technologies (May 2019)
- Legal Name Ascent Business Solutions India Private Limited
- Date of Incorporation 28 Mar, 2011
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹8.49 Cr
FY 2025 · -6% YoY
- Net Profit₹2.40 Cr
FY 2025 · 28% margin
- EBITDA₹3.20 Cr
FY 2025 · 38% margin
- Investors
- Employee Count62
- Acquired byMarco Technologies
(May 2019)
Associated legal entities of Ascent Business Solutions
Ascent Business Solutions operates through Ascent Business Solutions India 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 |
|---|---|---|---|---|---|---|---|
| Ascent Business Solutions India Private Limited CIN U72300MH2011PTC215404 | Active | 28 Mar 2011 | Nagpur, Maharashtra | ₹8.5 Cr | 62 | 3 | View details |
Products & Services of Ascent Business Solutions
Ascent Business Solutions offers a comprehensive portfolio of products and services, including ARMS Ai Platform, Patient Intake Management, Medical Coding, and Denials Management.
AI-driven platform for automating revenue cycle processes
Manages patient profiles and eligibility verification
Handles accurate coding for medical billing
Prevents and manages claim denials for payments
Investors in Ascent Business Solutions
Ascent Business Solutions has secured backing from 1 investor. Prominent investors backing the company include Marco Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Managed IT, cloud, and business services are provided. | 1973 | marconet.com | Saint Cloud, United States |
Investor details for Ascent Business Solutions
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Board of directors of Ascent Business Solutions India Private Limited (Ascent Business Solutions)
Ascent Business Solutions India Private Limited is the primary company behind Ascent Business Solutions. The board of Ascent Business Solutions India Private Limited currently have 3 directors; the longest-serving is Ajay Kapoor, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Kapoor DIN 01188360 | Director | 28 Mar 2011 | 15 yrs 7 mo | Ascent Business Solutions India Private Limited |
| Rajat Kapoor DIN 01185360 | Director | 28 Mar 2011 | 15 yrs 7 mo | Ascent Business Solutions India Private Limited |
| Avinashchandra Chamanlal Kapoor DIN 01222003 | Director | 28 Mar 2011 | 15 yrs 7 mo | Ascent Business Solutions India Private Limited |
People of Ascent Business Solutions
26 people are tracked at Ascent Business Solutions (11 in leadership, 15 in team); the tracked headcount is 62.
| Name | Role | Group |
|---|---|---|
Raj Loyal | Manager Human Resources Business Partner | Leadership |
Vijayasarathy S | Associate Vice President | Leadership |
| CEO | Leadership | |
Saurabh Ghosh | Director HRBP | Leadership |
Sujit Kumar | VP Operations | Leadership |
M.b.b.l.s.s. Rajesh In Dt P.g, C.k.l.m, Ccat | Assistant Vice President Operations | Leadership |
Muralidharan Ka | Assistant Director Of Operations | Leadership |
Manish Chandra | Senior Director - RCM Ops | Leadership |
Lee Flannery | Director Of Business Development | Leadership |
Rituparn Bakshi | Head - Shared Services | Leadership |
Sameer Shahapure | Vice President | Leadership |
Swati Nandgaonkar | Human Resources Specialist | Team |
Ganesh Kumar | Talent Acquisition Specialist | Team |
Abrar Sayyed | System Administrator | Team |
Raj Singhdeo | Team Leader- Operations | Team |
Jainab Ansari | Operation | Team |
Prajakta Pise | Human Resources Executive | Team |
Meenal Nandanwar | Project Manager | Team |
Dilsha Nair | Recruiter | Team |
Heather King | Operations Accounting Manager | Team |
6 more people are available in the full profile.
Complete people profiles for Ascent Business Solutions
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Financials of Ascent Business Solutions
Figures of Ascent Business Solutions India Private Limited, the primary company behind Ascent Business Solutions, for FY 2025. Revenue was ₹8.49 Cr (-6% year on year). Net profit was ₹2.40 Cr (28% margin). EBITDA was ₹3.20 Cr (38% margin). Revenue has grown at a compounded annual rate of -4% over three years and -16% over five years.
- ₹8.49 CrRevenue · FY 2025 · -6% YoY
- ₹2.40 CrNet profit · 28% margin
- ₹3.20 CrEBITDA · 38% margin
- ₹1 LakhPaid-up capital
- 62Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ascent Business Solutions India Private Limited are on its company page.
Detailed financial statements for Ascent Business Solutions
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Timeline of Ascent Business Solutions
2 dated milestones of Ascent Business Solutions across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Ascent Business Solutions is founded.
- Exit Acquired by Marco Technologies.
Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as Ascent Business Solutions (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 299 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 2.03 B | 5,688 |
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Related news about Ascent Business Solutions
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Frequently Asked Questions about Ascent Business Solutions
Ascent Business Solutions was founded in 1998.
Ascent Business Solutions is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Ascent Business Solutions has 62 employees.
The primary company behind Ascent Business Solutions, Ascent Business Solutions India Private Limited, reported revenue of ₹8.49 Cr for FY 2025, down 6% year on year.
Ascent Business Solutions provider of bpo services for healthcare, focusing on providing business support, bpo services, industry specific, and providing healthcare solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Ascent Business Solutions offers ARMS Ai Platform, Patient Intake Management, Medical Coding, and Denials Management.
Ascent Business Solutions has 1 investor. Key investors include Marco Technologies.
Ascent Business Solutions operates through Ascent Business Solutions India Private Limited.
Yes. Ascent Business Solutions was acquired by Marco Technologies in May 2019.
The legal entities of Ascent Business Solutions currently have 3 directors, including Ajay Kapoor, Rajat Kapoor, Avinashchandra Chamanlal Kapoor.