About AscentHR
AscentHR is a Technology company based in Bengaluru (India) founded in 2002 by Geeta Lachireddy and Subramanyam S. Comprehensive HR technologies and outsourced payroll services are provided. AscentHR has raised $328.08 thousand across 2 funding rounds from investors including Elite Professional and Mukunda E Services. The company has 658 employees. AscentHR has completed 4 acquisitions, including Curio Technologies, Jofin and OS HRS. AscentHR was last valued at $1.9 million in October 2010. Its chief executive, as recorded, is Subramanyam S. Its website ascent-hr.com draws about 30 thousand monthly visits. Its Indian entity Ascent Hr Technologies Private Limited reported revenue of ₹250 Cr. AscentHR offers products and services including StoHRM, PowerPay, Stafzy, TripEx, and Jofin. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include Darwinbox, People Strong and GreytHR; 3 of its 3 listed competitors have raised funding.
Company details
Provider of comprehensive HR technologies and outsourced payroll, compliance and consulting services. The company delivers cloud-based HRMS, payroll processing (managed and SaaS), staffing solutions, expense management, compliance audits, legal framework development, and employee benefits administration. It integrates modular products for HR automation, contingent workforce management, travel and expense administration, vendor compliance, surveys, financial wellness, and tax filing. The firm supports enterprises with implementation services, regulatory adherence, and digital transformation assisted by AI, ML, and RPA. It holds industry certifications and is recognized by market analysts for its payroll capabilities.
- Headquarters Bengaluru, India
- Employees 658
- Founders Geeta Lachireddy, Subramanyam S
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website ascent-hr.com
- Social LinkedIn X Facebook
- Legal Name Ascent Hr Technologies Private Limited
- Date of Incorporation 13 Aug, 2002
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹250 Cr
FY 2025 · +12% YoY
- Net Profit₹6.70 Cr
FY 2025 · 3% margin
- EBITDA₹13.97 Cr
FY 2025 · 6% margin
- Total Equity Funding$328.08K (USD)
in 2 rounds
- Latest Funding Round$174.75K (USD), Seed
Oct 2010
- InvestorsElite Professional
& 1 more
- Employee Count658
- Investments & AcquisitionsCurio Technologies
& 3 more
Associated legal entities of AscentHR
AscentHR is associated with 2 registered companies on The Company Check; the primary company is Ascent Hr Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ascent Hr Technologies Private Limited CIN U74140KA2002PTC030886 | Active | 13 Aug 2002 | Bangalore, Karnataka | ₹250 Cr | 658 | 3 | View details |
| Ascent Staffing Solutions Private Limited CIN U74910KA2008PTC046624 | Active | 30 May 2008 | Bangalore, Karnataka | ₹110 Cr | 3,559 | 4 | View details |
Products & Services of AscentHR
AscentHR offers a comprehensive portfolio of products and services, including StoHRM, PowerPay, Stafzy, TripEx, and Jofin.
Next-gen system for HR processes and employee productivity.
Global engine for seamless payroll integration and service.
Platform for contingent workforce and vendor management.
Automates business travel expenses for tax benefits.
Tool for banking, investment, and insurance solutions.
Facilitates employee feedback and data analysis.
Simplifies legal operations and compliance needs.
Manages vendor compliance and audit processes.
Streamlines employee perks and expenses management.
Funding Insights of AscentHR
AscentHR has successfully raised a total of $328.08K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $174.75 thousand completed in October 2010. 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.
- Total Funding $328,082
- Total Rounds 2
- Last Round Seed — $174,750
- First Round $153,332
(Mar 2009)
- Investors Count 2
All 2 funding rounds of AscentHR 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 |
|---|---|---|---|---|---|
| Oct 2010 | $174,750 | Seed | $1.9M | – | |
| Mar 2009 | $153,332 | Seed | $1.73M | Mukunda E Services | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2010 | $1.9M | •••••••• |
| Mar 2009 | $1.73M | •••••••• |
Last known valuation $1.9M (Oct 2010). 2 investors in total: 2 institutional.
Investors in AscentHR
AscentHR has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Elite Professional and Mukunda E Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cleaning and hygiene products are supplied by Elite Professional. | eliteprofessional.cl | Chile | ||
| mukunda.tcc.mode |
Investor details for AscentHR
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Verified entity values are shown only after access is granted.
Board of directors of Ascent Hr Technologies Private Limited (AscentHR)
Ascent Hr Technologies Private Limited is the primary company behind AscentHR. The boards of the 2 registered companies of AscentHR currently have 4 directors; the longest-serving is Subramanyam Sreenivasaiah, appointed in 2008. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Subramanyam Sreenivasaiah DIN 01610798 | Director | 30 May 2008 | 18 yrs 4 mo | Ascent Staffing Solutions Private Limited, Ascent Hr Technologies Private Limited |
| Geeta Lachireddy DIN 01611112 | Director | 30 May 2008 | 18 yrs 4 mo | Ascent Staffing Solutions Private Limited, Ascent Hr Technologies Private Limited |
| Keshav Chander DIN 02792079 | Director | 13 Sep 2013 | 13 yrs 1 mo | Ascent Staffing Solutions Private Limited, Ascent Hr Technologies Private Limited |
| Surendra Arava DIN 07999928 | Director | 13 Oct 2017 | 9 yrs | Ascent Staffing Solutions Private Limited |
People of AscentHR
16 people are tracked at AscentHR (8 in leadership, 8 in team); the tracked headcount is 658.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CBO | Leadership | |
Subramanyam S | Founder & CEO | Leadership |
| Director & VP Sales | Leadership | |
Rajendra Prasad Sappa | Chief Delivery Officer | Leadership |
Ayush Sharma | Regional Sales Head | Leadership |
John Theophilus | General Manager - Global Sales | Leadership |
Prabhakar Sourirajulu | Vice President | Leadership |
Ramesh Ramasamy | Assistant Vice President Sales | Leadership |
Nagendran Kathirvel | Compliance Manager | Team |
Bharat Shandilya | Regional Sales Manager | Team |
Sharmila Shalu | Senior Recruitment Specialist | Team |
Harish Kumar Dn Hk | Senior Payroll Specialist | Team |
Ranga Swamy | Senior Manager Indian Payroll | Team |
Prakash K | Executive | Team |
| Senior Manager Finance And Accounts | Team | |
Shridhar Joshi | Assistant Manager | Team |
Complete people profiles for AscentHR
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Financials of AscentHR
Figures of Ascent Hr Technologies Private Limited, the primary company behind AscentHR, for FY 2025. Revenue was ₹250 Cr (+12% year on year). Net profit was ₹6.70 Cr (3% margin). EBITDA was ₹13.97 Cr (6% margin). Revenue has grown at a compounded annual rate of +13% over three years and +11% over five years.
- ₹250 CrRevenue · FY 2025 · +12% YoY
- ₹6.70 CrNet profit · 3% margin
- ₹13.97 CrEBITDA · 6% margin
- ₹3.88 CrPaid-up capital
- 658Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ascent Hr Technologies Private Limited are on its company page.
Detailed financial statements for AscentHR
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by AscentHR
AscentHR has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Curio Technologies, Jofin and OS HRS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Payroll outsourcing and HR services for global businesses in Asia Pacific. | oshrs.com | Kuala Lumpur, Malaysia | 2001 | Jul 2026 | •••• | |
SaaS-based expense management is offered for business travelers. | curiotechnologies.com | Bengaluru, India | 2014 | Dec 2022 | •••• | |
App-based wealth management services platform | jofin.ai | Bengaluru, India | 2022 | Sep 2022 | •••• | |
Employee engagement analytics are delivered via real-time survey platform. | nfactorialanalytics.com | Bengaluru, India | 2014 | Jan 2022 | •••• |
Complete acquisition details for AscentHR
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Timeline of AscentHR
8 dated milestones of AscentHR across 24 years, from founding to its latest funding, stage changes and deals.
- Founded AscentHR is founded.
- Funding First funding round of $153K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $175K.
- Acquisition Acquires nFactorial.
- Acquisition Acquires Jofin.
- Acquisition Acquires Curio Technologies.
- Acquisition Acquires OS HRS.
Competitors of AscentHR
AscentHR has 3 listed competitors in our database, 3 of them funded. They include Darwinbox, People Strong and GreytHR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| darwinbox.com | 2015 | Hyderabad, India | $143.97M | 1,022 | Human capital management platform is provided for HR process automation. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| greythr.com | 1994 | Bengaluru, India | $46.87M | 767 | Cloud-based HRMS and payroll software solutions are provided. |
Detailed competitors of AscentHR
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Web traffic of AscentHR
The website of AscentHR (ascent-hr.com) receives about 29.6K visits a month.
- Monthly visits29.6K
▲ 211% vs previous month
Websites whose visitors overlap most with AscentHR. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
geniusconsultant.com | geniusconsultant.com | 100% | #278,200 | – | |
| dss-hr.com | 94% | #784,659 | View details | ||
| abcconsultants.in | 88% | 131.4K | #457,099 | View details | |
| uhr.co.in | 88% | 1.6K | #9,585,964 | View details | |
| accel-hrconsulting.com | 88% | #3,266,733 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for AscentHR
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Related news about Ascenthr
Complete news archive for AscentHR
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Frequently Asked Questions about AscentHR
AscentHR was founded in 2002 and raised its 1st funding round 7 years after it was founded.
AscentHR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Subramanyam S is the CEO of AscentHR, as recorded in our data. They have also founded this company.
AscentHR is a funded company, having raised a total of $328.08K across 2 funding rounds to date. The company's 1st funding round was a Seed of $153.33K, raised on Mar 2009.
AscentHR has 658 employees.
The primary company behind AscentHR, Ascent Hr Technologies Private Limited, reported revenue of ₹250 Cr for FY 2025, up 12% year on year.
Provider of comprehensive HR technologies and outsourced payroll, compliance and consulting services. The company delivers cloud-based HRMS, payroll processing (managed and SaaS), staffing solutions, expense management, compliance audits, legal framework development, and employee benefits administration. It integrates modular products for HR automation, contingent workforce management, travel and expense administration, vendor compliance, surveys, financial wellness, and tax filing. The firm supports enterprises with implementation services, regulatory adherence, and digital transformation assisted by AI, ML, and RPA. It holds industry certifications and is recognized by market analysts for its payroll capabilities.
AscentHR's top competitors include GreytHR, People Strong and Darwinbox.
AscentHR offers StoHRM, PowerPay, Stafzy, TripEx, and 5 more products and services.
AscentHR has made 4 acquisitions, including Curio Technologies, Jofin, and OS HRS.
AscentHR has 2 investors. Key investors include Elite Professional, and Mukunda E Services.
The valuation of AscentHR is $1.9M as of Oct 2010.