Ascend Capital
Latest round
- Series A
Last raised
- Feb 2024
Total raised
- $5M
Investors
- 2
About Ascend Capital
Based in Rajasthan, India, and founded in 2019 by Lokesh Chandra and Gaurav Maheshwari, Ascend Bizcap Pvt., trading under the name Ascend Capital, operates as a financial technology company that focuses on providing a lending platform that facilitates loans for electric vehicles, such as e-rickshaw loans, light commercial vehicle loans, and e-bike loans. The company provides a loan origination system (LOS), enabling rapid customer onboarding across multiple platforms, and a loan management system (LMS), which is an advanced and comprehensive bank loan management system that enables banks to improve the agility, transparency, and efficiency of their lending solutions. In addition, Ascend Capital also offers a mobile application that provides custom loans with flexible repayment terms, easy disbursement, and more. The products offered by Ascend Capital include an e-rickshaw loan, a light commercial vehicle (L5) loan, an e-bike loan, and more.
Who invested in Ascend Capital
2 investors across 1 round
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Funding rounds
Series A
Feb 7, 2024
Amount
$5M
Investors
Questions about Ascend Capital
Who invested in Ascend Capital?
Ascend Capital has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ascend Capital raised?
Ascend Capital has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ascend Capital last raise money?
Ascend Capital's most recent round on record is a Series A, in Feb 2024.
What does Ascend Capital do?
Based in Rajasthan, India, and founded in 2019 by Lokesh Chandra and Gaurav Maheshwari, Ascend Bizcap Pvt.
Where is Ascend Capital headquartered?
Ascend Capital is headquartered in Jaipur, India.
Which VCs invest in companies like Ascend Capital?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Ascend Capital's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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