About Aspada
Aspada is a company based in Bengaluru (India). Tech and Offline focused early-stage VC firm investing in India. It operates on a B2B model. Its Indian entity Lightrock Corporate Services Private Limited reported revenue of ₹15.15 Cr.
Company details
Investments are directed by Aspada Investments toward early-stage companies in India, spanning tech areas like fintech and edtech, as well as offline sectors including agriculture, financial services, education, and healthcare. With 100 million in assets under management, operations are based in Bengaluru. Notable portfolio companies include Reverie, Allfresh, Aasaanjobs, and Schedulers.
- Headquarters Bengaluru, India
- Website aspada.com
- Legal Name Lightrock Corporate Services Private Limited
- Date of Incorporation 04 Feb, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.15 Cr
FY 2025 · +42% YoY
- Net Profit₹1.18 Cr
FY 2025 · 8% margin
- EBITDA₹2.00 Cr
FY 2025 · 13% margin
Associated legal entities of Aspada
Aspada operates through Lightrock Corporate Services 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 |
|---|---|---|---|---|---|---|---|
| Lightrock Corporate Services Private Limited CIN U74110KA2013FTC067742 | Active | 04 Feb 2013 | Bangalore, Karnataka | ₹15.1 Cr | 3 | View details |
Board of directors of Lightrock Corporate Services Private Limited (Aspada)
Lightrock Corporate Services Private Limited is the primary company behind Aspada. The board of Lightrock Corporate Services Private Limited currently have 3 directors; the longest-serving is Florian Tim Ulmer, appointed in 2019. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Florian Tim Ulmer DIN 07755343 | Director | 27 Aug 2019 | 7 yrs 1 mo | Lightrock Corporate Services Private Limited |
| Peter Fergus William Grant DIN 09043373 | Director | 23 Feb 2021 | 5 yrs 8 mo | Lightrock Corporate Services Private Limited |
| Gaurav Malhotra DIN 07640504 | Additional Director | 04 Sep 2025 | 1 yr 1 mo | Lightrock Corporate Services Private Limited |
People of Aspada
75 people are tracked at Aspada (32 in leadership, 6 in board & advisors, 37 in team).
| Name | Role | Group |
|---|---|---|
Nigel McCleave | Partner | Leadership |
Kevin Bone | Partner | Leadership |
| Partner | Leadership | |
Vaidhehi Ravindran | Partner | Leadership |
Katharina Sommerrock | Head of Investor Relations | Leadership |
Samir Abhyankar | Partner, Head Of India | Leadership |
Pal Erik Sjatil | Managing Partner And CEO | Leadership |
Saleem Asaria | Partner | Leadership |
Marcos Wilson Pereira | Managing Partner, Head Of Latin America | Leadership |
Kartik Srivatsa | Managing Partner, India & Chief Strategy Officer | Leadership |
Aletia M. | Chief Of Staff | Leadership |
Chris Kaashoek | Partner At Lightrock | Leadership |
Ademidun Edosomwan | Partner | Leadership |
Ravi Sharma | Partner | Leadership |
Ahmad El Jurdi | Partner | Leadership |
Puja Singhvi | Director of Finance | Leadership |
Dr. Katharina Sommerrock | Head Of Investor Relations | Leadership |
Guilherme Cardoso | Vice President | Leadership |
Umur Hursever | Partner | Leadership |
Verena Margreiter-Ferch | Chief People Officer | Leadership |
55 more people are available in the full profile.
Complete people profiles for Aspada
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Aspada
Figures of Lightrock Corporate Services Private Limited, the primary company behind Aspada, for FY 2025. Revenue was ₹15.15 Cr (+42% year on year). Net profit was ₹1.18 Cr (8% margin). EBITDA was ₹2.00 Cr (13% margin). Revenue has grown at a compounded annual rate of +25% over three years and -6% over five years.
- ₹15.15 CrRevenue · FY 2025 · +42% YoY
- ₹1.18 CrNet profit · 8% margin
- ₹2.00 CrEBITDA · 13% margin
- ₹2.71 CrPaid-up capital
- +25%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lightrock Corporate Services Private Limited are on its company page.
Detailed financial statements for Aspada
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
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Frequently Asked Questions about Aspada
Aspada is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Aspada, Lightrock Corporate Services Private Limited, reported revenue of ₹15.15 Cr for FY 2025, up 42% year on year.
Investments are directed by Aspada Investments toward early-stage companies in India, spanning tech areas like fintech and edtech, as well as offline sectors including agriculture, financial services, education, and healthcare. With 100 million in assets under management, operations are based in Bengaluru. Notable portfolio companies include Reverie, Allfresh, Aasaanjobs, and Schedulers.
Aspada operates through Lightrock Corporate Services Private Limited.
The legal entities of Aspada currently have 3 directors, including Florian Tim Ulmer, Peter Fergus William Grant, Gaurav Malhotra.