Ascend Capital

Private

JaipurFinTechhttps://ascendcap.in/

Last Round

Series A

Feb 13, 2024

Total Funding Raised

$6.02M

Company Overview

Ascend Capital is a financial services company that provides specialized financing solutions for electric vehicles in India.

Sector

FinTech

Verticals

Lending & Credit, Electric Vehicles, Credit Scoring

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Application

Keywords

electric vehicle financingNBFCEV loansnon-banking financial companycommercial vehicle financeAI underwritinge-rickshaw loanlast-mile mobilityfintech lendingcredit scoringasset-backed lendingMSME financegreen finance

Historical Pricing

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Caplight Momentum Score

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Ascend Capital Comps

Public and private peers based on sector, stage, and business model.

Ascend Capital comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Ascend Capital Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Feb 13, 2024

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Key People

Founding team and executive leadership

Lokesh Chandra

Cofounder and CEO

Founding Team

Ascend Capital Investors

Notable investors and investment history

Ascend Capital investors
Investor	Rounds
Info Edge Ventures	Series A
Asha Ventures	Series A

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Market signals

Structured signals derived from secondary market and firmographic data.

Nov 7, 2025
Monthly visitors increased 76% MoM.
Jul 23, 2025
Grew 25% QoQ, from 97 to 121 employees.

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Ascend Capital Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Ascend Capital Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersJaipur

Employee Range161

Year Founded2018

Last FundingFeb 13, 2024

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