About ASK Group
ASK Group is a company based in Mumbai (India) founded in 1983 by Sameer Koticha was acquired by Blackstone in August 2021.. ASK Group has raised $125 million across 1 funding round from investors including Blackstone and Advent International. ASK Group operates in a competitive market with competitors including Scripbox, Dezerv, Wealthy, Nivesh and ET Money, among others.
- Headquarter Mumbai, India
- Founders Sameer Koticha
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$125 M (USD)
in 1 rounds
-
Latest Funding Round
$125 M (USD), Private Equity Round
Dec 21, 2016
-
Investors
Blackstone
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Blackstone
(Aug 25, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of ASK Group
ASK Group has successfully raised a total of $125M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $125 million completed in December 2016. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $125.0M
-
First Round
First Round
(21 Dec 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Private Equity Round - ASK Group | Valuation | Advent International |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ASK Group
ASK Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and Advent International. 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 |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Diversified investment management is provided across multiple asset classes.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ASK Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ASK Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ask Group Comparisons
Competitors of ASK Group
ASK Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scripbox, Dezerv, Wealthy, Nivesh and ET Money, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering mutual fund investments, financial planning, and wealth growth services
|
|
| domain | founded_year | HQ Location |
Investment solutions and portfolio management are provided for affluent individuals.
|
|
| domain | founded_year | HQ Location |
Digital wealth management platform is offered for personalized investments.
|
|
| domain | founded_year | HQ Location |
Wealth management and financial products are provided online for individuals.
|
|
| domain | founded_year | HQ Location |
App-based mutual fund investment platform
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ask Group
Frequently Asked Questions about ASK Group
When was ASK Group founded?
ASK Group was founded in 1983 and raised its 1st funding round 33 years after it was founded.
Where is ASK Group located?
ASK Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is ASK Group a funded company?
ASK Group is a funded company, having raised a total of $125M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $125M, raised on Dec 21, 2016.
What does ASK Group do?
Asset wealth management platform. The platform offers research-based investment management, real estate investment advisory services, and other financial solutions. It also provides personalized investment advice and portfolio management services to its clients.
Who are the top competitors of ASK Group?
Who are ASK Group's investors?
ASK Group has 2 investors. Key investors include Blackstone, and Advent International.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.