About Ascent Circuits
Ascent Circuits is a company based in Hosur (India) founded in 1999 was acquired by Iljin Electronics in January 2024.. The company has 186 employees as of April 03, 2025.
- Headquarter Hosur, India
- Employees 186 as on 03 Apr, 2025
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ascent Circuits Private Limited
- Date of Incorporation 01 Feb, 1999
- Jurisdiction Bangalore., Karnataka, India
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Annual Revenue
$33.63 M (USD)22.91as on Mar 31, 2023
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Net Profit
$3.66 M (USD)91.44as on Mar 31, 2023
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EBITDA
$6.37 M (USD)75.02as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
186
as on Apr 03, 2025
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Acquired by
Iljin Electronics
(Jan 02, 2024)
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Funding Insights of Ascent Circuits
| 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 Ascent Circuits
Ascent Circuits has secured backing from 1 investor. Prominent investors backing the company include Iljin Electronics. 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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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 Ascent Circuits
| 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 - Ascent Circuits
| 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 |
Ascent Circuits Comparisons
Competitors of Ascent Circuits
| 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 Ascent Circuits
When was Ascent Circuits founded?
Ascent Circuits was founded in 1999.
Where is Ascent Circuits located?
Ascent Circuits is headquartered in Hosur, India. It is registered at Hosur, Tamil Nadu, India.
Who is the current CEO of Ascent Circuits?
M C Thomas is the current CEO of Ascent Circuits.
How many employees does Ascent Circuits have?
As of Apr 03, 2025, the latest employee count at Ascent Circuits is 186.
What is the annual revenue of Ascent Circuits?
Annual revenue of Ascent Circuits is $33.63M as on Mar 31, 2023.
What does Ascent Circuits do?
Manufacturer of printed circuit boards. It specializes in providing PCBs for various sectors, including defense, aerospace, and space applications. It offers a variety of finishes for its PCBs, including LF-HASL, Electrolytic Gold, Immersion Gold (ENIG), Immersion Tin, Nickel Plating, and Silver Jumpers.
Who are Ascent Circuits's investors?
Ascent Circuits has 1 investor. Key investors include Iljin Electronics.