When was Ascend Telecom founded?

Ascend Telecom was founded in 2002 and raised its 1st funding round 5 years after it was founded.

Where is Ascend Telecom located?

Ascend Telecom is headquartered in Bengaluru, India. It is registered at Unit No 10, New Municipal No- 9-1-87 & 119 / 1 / 4F / Unit No.10 , 4th Floor, Eden Amsri Sqaure, St Jhons Road , Secunderabad, Hyderabad, Secunderabad, Telangana, India, 500003.

Who is the current CEO of Ascend Telecom?

Sushil Kumar Chaturvedi of Ascend Telecom.

Which legal entities is Ascend Telecom associated with?

Ascend Telecom is associated with ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED and 2 others.

How many employees does Ascend Telecom have?

As of Feb 28, 2025, Ascend Telecom has 161 employees, reflecting a 8% year-over-year decline in headcount.

Is Ascend Telecom a funded company?

Ascend Telecom is a funded company, having raised a total of $176M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 24, 2007.

How much is Ascend Telecom worth?

The latest valuation of Ascend Telecom is $***** as of Mar 30, 2017.

When was the latest funding round of Ascend Telecom?

Ascend Telecom's latest funding was a $***** Series D round on Mar 30, 2017, with participation from 2 investors. Its primary sector is Telecom Infrastructure. Globally, the Telecom Infrastructure sector has seen $12.5B in funding in 2026 to date.

What is the annual revenue of Ascend Telecom?

Annual revenue of Ascend Telecom is more than ₹1,000 Cr as on Mar 31, 2025

Where does Ascend Telecom rank among its competitors?

Ascend Telecom ranks 6th amongst 17 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was HFCL, which secured $61.4M in Dec, 2025.

Who are the top competitors of Ascend Telecom?

Ascend Telecom's top competitors include HFCL, SAR Televenture and Indus Towers. Among them, HFCL secured the most recent funding round in December, 2025.

Ascend Telecom - 2026 Company Profile, Team, Funding, Competitors & Financials

Ascend Telecom is a series D company based in Bengaluru (India), founded in 2002. It operates as a Provider of telecom infrastructure and allied services. Ascend Telecom has raised $176M in funding from NSR Partners and IDFC First Bank, with a current valuation of $*****. The company has 17 active competitors, including 2 funded and 8 that have exited. Its top competitors include companies like HFCL, SAR Televenture and Indus Towers.

Company Details

Provider of telecom infrastructure and allied services. It provides passive telecom infrastructure on a shared, multi tenancy basis for the mobile services and wireless sector. It also provides services for site location, design, execution, and maintenance of infrastructure.

Website: ascendtele.com
Social
Email ID: *****@ascendtele.com
Phone Number: +91 **********
Registered Address: Unit No 10, New Municipal No- 9-1-87 & 119 / 1 / 4F / Unit No.10 , 4th Floor, Eden Amsri Sqaure, St Jhons Road , Secunderabad, Hyderabad, Secunderabad, Telangana, India, 500003

Key Metrics

Founded Year

2002

Location

Bengaluru, India

Stage

Series D

Total Funding

$176M in 6 rounds

Latest Funding Round

Series D, Mar 30, 2017, $*****

Post Money Valuation

$***** as on Mar 30, 2017

Investors

NSR Partners & 15 more

Ranked

6^th among 17 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

161 as on Feb 28, 2025

Similar Companies

Vertical Bridge & 31 more

View Ascend Telecom's full profile

Ascend Telecom is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
GIP EM ASCEND PTE. LTD. UEN: 202105510Z , Singapore, Active	Feb 15, 2021	-	-
DEMELLO TELEPOWER PRIVATE LIMITED CIN: U74900GA2011PTC006578 , India, Active	Jan 21, 2011	₹10 - ₹50 Cr (As on Mar 31, 2024)	3 (As on Feb 28, 2025)
ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED CIN: U70102TG2002PTC038713 , India, Active	Mar 28, 2002	₹1,000+ Cr (As on Mar 31, 2025)	158 (As on Feb 28, 2025)

Ascend Telecom has raised a total funding of $176M over 6 rounds. Its first funding round was on Jul 24, 2007. Its latest funding round was a Series D round on Mar 30, 2017 for $*****. 2 investors participated in its latest round. Ascend Telecom has 4 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Ascend Telecom:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2017	9329972	Series D	2935864	5238280	8236283	2029966
Mar 27, 2012	4952489	Series C	9295330	4236469	7917427	Infrastructure Leasing & Financial Services
Aug 04, 2011	8723502	Series B	4665394	2846044	NSR Partners	2706442

Access funding benchmarks and valuations. Sign up today!

View details of Ascend Telecom's funding rounds and investors

Here are the details of Ascend Telecom's key team members:

Sushil Kumar Chaturvedi: CEO of Ascend Telecom. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Ascend Telecom's Board of Directors

Ascend Telecom's board has 6 active members. Parag Saxena, Vivek Anilchand Sett and Sharad Malhotra are part of team and Syed Mohammed Aun Safawi, Jayaraman Rajagopalan and Anjali Gupta are independent board members.

Here is the list of Ascend Telecom's board of directors:

Name	Type	Representing	Status	Duration
dip{qdd	Team	-	Past	2y 3m
ievpzjd	Team	-	Past	4y 7m
pcebmjj	Team	-	Past	8y 4m
Parag Saxena	Investor	NSR Partners	Current	19y 3m
Vivek Anilchand Sett	Investor	NSR Partners	Current	19y 3m
sfvfakg	Investor	vtksvss	Current	4y 3m
r{maile	Investor	gz{ghia	Past	2y 4m
vtq{goz	Investor	risaqyy	Past	6y 3m
Syed Mohammed Aun Safawi	Independent board member	-	Current	2y 8m
rwq{ucr	Independent board member	-	Current	2y 9m
jl{oexk	Independent board member	-	Current	8y 6m
whjzfzd	Independent board member	-	Past	8y 8m
ibqrve{	Independent board member	-	Past	8y 3m
wxzuvua	Independent board member	-	Past	1y 9m
rhcpapo	Independent board member	-	Past	8y 4m
svoqn{f	Independent board member	-	Past	5y 6m
{wlnmzk	Independent board member	-	Past	4y 5m
brqrgou	Independent board member	-	Past	7y 8m

View details of Ascend Telecom's Founder profiles and Board Members

Ascend Telecom's employee count trend

Ascend Telecom has 161 employees as of Feb 25. Here is Ascend Telecom's employee count trend over the years:

Uncover Ascend Telecom's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Ascend Telecom include HFCL, SAR Televenture and Indus Towers. Here is the list of Top 10 competitors of Ascend Telecom, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HFCL 1987, Delhi (India), Public	Manufacturer of optical fiber cables and provider of networking solutions	-	Millennium Management, 360 One & 5 others	64/100
2nd	SAR Televenture 2019, Noida (India), Public	Provider of professional services in procurement, project management, and services delivery	$250K	Founder Collective, Pantomath Group & 1 others	61/100
3rd	Indus Towers 2007, Gurugram (India), Acquired	Provider of wireless communication and infrastructure services	-	Airtel, Mobil Vest & 10 others	60/100
4th	Tower Vision 2006, Delhi (India), Series D	Passive infrastructure for wireless telecommunications	$300M	Quadrangle Group, Morgan Stanley & 8 others	55/100
5th	VNT 2003, Gurugram (India), Unfunded	Provider of remote monitoring and management of telecom sector	-	-	54/100
6th	Ascend Telecom 2002, Bengaluru (India), Series D	Provider of telecom infrastructure and allied services	$176M	Global Infrastructure Partners, Infrastructure Leasing & Financial Services ... & 14 others	50/100
7th	GTL Infrastructure 2004, Mumbai (India), Public	Passive infrastructure to wireless operators	-	-	46/100
8th	Kore Digital 2009, Thane (India), Public	Provider of telecom and infrastructure development services	-	-	43/100
9th	Suyog Telematics 1995, Mumbai (India), Public	Provider of tower installation and upgradation services	-	-	37/100
10th	Summit Digitel 2013, Mumbai (India), Funding Raised	Provider of wireless telecommunication infrastructure services	-	SBI, HDFC Bank & 5 others	37/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Ascend Telecom's competitors? Click here to see the top ones

ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, the legal entity associated with Ascend Telecom, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 19% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	4453	3112	9453	7284	2335
Total Sales	1093	7450	5859	9719	7106
Total Expenses	1853	7139	9880	6717	1589
Operating Expenses	6147	7188	7081	8599	4175
Employee Expenses	4647	2979	1072	9673	1374
Operating Income (EBIT)	6694	2222	5208	1694	6743
Interest Expenses	8148	1881	9147	6705	4405
Expenses from other activities	4644	6649	8213	7429	2785
EBITDA	1317	3129	7903	4570	8769
Taxes	6160	2550	6606	2604	9282
Net Profit	6770	4110	2268	5945	3115
Balance Sheet
Assets	7288	3947	1096	5146	5234
Cash Equivalent	5055	5855	9908	8499	8746
Accounts Receivables	9740	2988	8128	2150	6843
Inventory	5471	9936	7777	4156	4759
Liabilities	9735	1048	6402	9800	3466
Total Debt	5728	7512	9892	4412	6906
Accounts Payable	2172	8682	2810	6081	3378
Equities	7796	1791	4689	5895	9364
Cashflow Statement
Cash from Operating activities	5651	7003	3701	4978	2932
Cash from Investing activities	1491	4818	3123	4596	3926
Net cash from Financing activities	3084	2570	2442	2569	4012

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Funds (largest shareholder) own 86.09%, Enterprises own 13.91% and Angels own 0.00%. The cap table displayed below is for ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED which is the legal entity associated with Ascend Telecom.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	86.09%	1,900Cr	4059427	5730450	1145850	2761588
NSR Partners	4789109	7225468	3675912	2814948	3138062	6673034
Infrastructure Leasing & Financial Services	9582520	4727099	5450232	7427762	3835422	4913462
Enterprise	13.91%	306Cr	3148216	3863747	3285611	9620625
Angel	-	0	0	0	0	0
Total	100.00%	2,200Cr	8526637	7986885	9683417	6200184