About Ascent E Digit Solution
Ascent E Digit Solution is a Business Services company based in Erode (India) founded in 2013. It operates as a management consulting and business management services are provided. The company has 127 employees. Its Indian entity Ascent E Digit Solutions Private Limited reported revenue of ₹239 Cr. Ascent E Digit Solution offers products and services including IT Systems & Equipments, Software, Infrastructure, Business Automation, and Surveillance & Security. Its focus areas include Management Consulting Services, Function Specific and Information Technology. Its competitors include UST, NTT DATA, Endava, Persistent and Thoughtworks and 5 more; 3 of its 10 listed competitors have raised funding.
Company details
Ascent E Digit Solution was founded in 2013 and is headquartered in Erode, India. Management consulting and business management services are delivered by the company within the professional services sector. Operations center on advisory support for business strategies and operational efficiency. The domain aedindia.com is used for its digital footprint. Focus is placed on serving clients in the Indian market with tailored consulting solutions.
- Headquarters Erode, India
- Employees 127
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website aedindia.com
- Social Facebook
- Legal Name Ascent E Digit Solutions Private Limited
- Date of Incorporation 22 Dec, 2010
- Jurisdiction Erode, Tamil Nadu, India
- Annual Revenue₹239 Cr
FY 2024 · +17% YoY
- Net Profit₹10.83 Cr
FY 2024 · 5% margin
- EBITDA₹19.70 Cr
FY 2024 · 8% margin
- Investors
- Employee Count127
Associated legal entities of Ascent E Digit Solution
Ascent E Digit Solution operates through Ascent E Digit Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ascent E Digit Solutions Private Limited CIN U72501TZ2010PTC016610 | Active | 22 Dec 2010 | Erode, Tamil Nadu | ₹239 Cr | 127 | 5 | View details |
Products & Services of Ascent E Digit Solution
Ascent E Digit Solution offers a comprehensive portfolio of products and services, including IT Systems & Equipments, Software, Infrastructure, Business Automation, and Surveillance & Security.
Provides solutions for business IT systems and equipment needs.
Offers web, mobile, and enterprise software solutions.
Delivers comprehensive infrastructure services for organizations.
Provides services to automate business processes and operations.
Offers protection against threats and vulnerabilities for assets.
Handles design and management of data center infrastructure.
Funding Insights of Ascent E Digit Solution
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Ascent E Digit Solution 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 |
|---|---|---|---|---|---|
| Nov 2022 | – | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Ascent E Digit Solution
Ascent E Digit Solution has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include StartupTN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Potato farming, grain marketing, and equipment services in Maine. | 2021 | startuptn.in | Chennai, India |
Investor details for Ascent E Digit Solution
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ascent E Digit Solutions Private Limited (Ascent E Digit Solution)
Ascent E Digit Solutions Private Limited is the primary company behind Ascent E Digit Solution. The board of Ascent E Digit Solutions Private Limited currently have 5 directors; the longest-serving is Karichigoundenpalayam Palanisamy Mutharasu, appointed in 2010.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karichigoundenpalayam Palanisamy Mutharasu DIN 01727912 | Director | 22 Dec 2010 | 15 yrs 9 mo | Ascent E Digit Solutions Private Limited |
| Boopathy Dharmaraj DIN 02075406 | Managing Director | 22 Dec 2010 | 15 yrs 9 mo | Ascent E Digit Solutions Private Limited |
| Dharmaraj Dharani DIN 06617266 | Director | 28 Jun 2013 | 13 yrs 3 mo | Ascent E Digit Solutions Private Limited |
| Shanmugavaidvu DIN 06617273 | Director | 28 Jun 2013 | 13 yrs 3 mo | Ascent E Digit Solutions Private Limited |
| Sundaralingakumar DIN 08762114 | Director | 20 Nov 2020 | 5 yrs 10 mo | Ascent E Digit Solutions Private Limited |
Financials of Ascent E Digit Solution
Figures of Ascent E Digit Solutions Private Limited, the primary company behind Ascent E Digit Solution, for FY 2024. Revenue was ₹239 Cr (+17% year on year). Net profit was ₹10.83 Cr (5% margin). EBITDA was ₹19.70 Cr (8% margin). Revenue has grown at a compounded annual rate of +27% over three years and +18% over five years.
- ₹239 CrRevenue · FY 2024 · +17% YoY
- ₹10.83 CrNet profit · 5% margin
- ₹19.70 CrEBITDA · 8% margin
- ₹5.16 CrPaid-up capital
- 127Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ascent E Digit Solutions Private Limited are on its company page.
Detailed financial statements for Ascent E Digit Solution
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ascent E Digit Solution
2 dated milestones of Ascent E Digit Solution across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Ascent E Digit Solution is founded.
- Funding First funding round.
Competitors of Ascent E Digit Solution
Ascent E Digit Solution has 10 listed competitors in our database, 3 of them funded. They include UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| thoughtworks.com | 1993 | Chicago, United States | $748M | 10,500 | Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors | |
| soprasteria.com | 1968 | Paris, France | – | – | IT suite solutions and consulting services are provided worldwide. | |
| tds.fujitsu.com | 1935 | Tokyo, Japan | – | – | Data center and IT outsourcing services are provided internationally. | |
| einfochips.com | 1996 | Ahmedabad, India | – | 3,906 | Provider of product engineering, process automation, IT advisory, software development, and other services | |
| xebia.com | 2001 | Amsterdam, Netherlands | – | 28 | IT consulting and digital transformation services are provided globally. | |
| encora.com | 2000 | Scottsdale, United States | $200M | 255 | Management consulting services are provided globally by Encora. |
Detailed competitors of Ascent E Digit Solution
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ascent E Digit Solution
The website of Ascent E Digit Solution (aedindia.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 194.1% vs previous month
Top companies in Professional Consulting & Advisory
10 companies that operate in the same segment as Ascent E Digit Solution (Professional Consulting & Advisory), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Diversified insurance brokerage and risk management services are offered worldwide. | 1927 | Rolling Meadows, Illinois, United States | – | USD 13.94 B | 56,000 | |
Provider of end-to-end solutions encompassing talent acquisition, workspace design and management, business operations, and payroll services | 2008 | Bengaluru, Karnataka, India | USD 197.78 M | USD 81.57 M | 341 | |
Diversified financial services are provided across global markets. | 1690 | London, England, United Kingdom | – | USD 73.54 B | 91,300 | |
Talent acquisition and consulting services are provided globally. | 1969 | Los Angeles, California, United States | – | USD 2.94 B | 9,250 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | USD 2.64 M | USD 11.22 B | 35,800 | |
Network consulting services are provided via a professional connection platform. | 1998 | New York, New York, United States | USD 442.04 M | – | 1,477 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 19.8 M | USD 1.57 B | 24,590 | |
Global leaders in TMT management consulting. | 1985 | London, England, United Kingdom | USD 21.61 M | – | – |
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Frequently Asked Questions about Ascent E Digit Solution
Ascent E Digit Solution was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Ascent E Digit Solution is headquartered in Erode, India. It is registered at Erode, Tamil Nadu, India.
Ascent E Digit Solution has 127 employees.
The primary company behind Ascent E Digit Solution, Ascent E Digit Solutions Private Limited, reported revenue of ₹239 Cr for FY 2024, up 17% year on year.
Ascent E Digit Solution was founded in 2013 and is headquartered in Erode, India. Management consulting and business management services are delivered by the company within the professional services sector. Operations center on advisory support for business strategies and operational efficiency. The domain aedindia.com is used for its digital footprint. Focus is placed on serving clients in the Indian market with tailored consulting solutions.
Ascent E Digit Solution's top competitors include Persistent, NTT DATA and Endava.
Ascent E Digit Solution offers IT Systems & Equipments, Software, Infrastructure, Business Automation, and 2 more products and services.
Ascent E Digit Solution has 1 investor. Key investors include StartupTN.
Ascent E Digit Solution operates through Ascent E Digit Solutions Private Limited.
The legal entities of Ascent E Digit Solution currently have 5 directors, including Karichigoundenpalayam Palanisamy Mutharasu, Sundaralingakumar, Dharmaraj Dharani and others.