When was Ascent E Digit Solution founded?

Ascent E Digit Solution was founded in 2013 and raised its 1st funding round 9 years after it was founded.

Where is Ascent E Digit Solution located?

Ascent E Digit Solution is headquartered in Chennai, India. It is registered at 64 KALAIMAGAL SCHOOL ROAD, ERODE, Tamil Nadu, India, 638001.

Which legal entities is Ascent E Digit Solution associated with?

Ascent E Digit Solution is associated with ASCENT E DIGIT SOLUTIONS PRIVATE LIMITED.

How many employees does Ascent E Digit Solution have?

As of May 31, 2025, Ascent E Digit Solution has 94 employees, reflecting a 6% year-over-year decline in headcount.

Is Ascent E Digit Solution a funded company?

Ascent E Digit Solution is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Nov 02, 2022.

When was the latest funding round of Ascent E Digit Solution?

Ascent E Digit Solution's latest funding was a $***** Grant (prize money) round on Nov 02, 2022, with participation from 1 investor. Its primary sector is IT Services. In India, the IT Services sector has seen $100M in funding in 2026 to date.

What is the annual revenue of Ascent E Digit Solution?

Annual revenue of Ascent E Digit Solution is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Ascent E Digit Solution rank among its competitors?

Ascent E Digit Solution ranks 4365th amongst 138311 active competitors, of which 981 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Ascent E Digit Solution?

Ascent E Digit Solution's top competitors include UST, IBM and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

Ascent E Digit Solution - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: aedindia.com
Social
Email ID: *****@aedindia.com
Phone Number: +91 **********
Registered Address: 64 KALAIMAGAL SCHOOL ROAD, ERODE, Tamil Nadu, India, 638001

Key Metrics

Founded Year

2013

Location

Chennai, India

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Nov 02, 2022, $*****

Investors

StartupTN & 2 more

Ranked

4365^th among 138311 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

94 as on May 31, 2025

Investment & Acquisitions

FreshWorld

Similar Companies

UST & 161992 more

View Ascent E Digit Solution's full profile

Ascent E Digit Solution is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASCENT E DIGIT SOLUTIONS PRIVATE LIMITED CIN: U72501TZ2010PTC016610 , India, Active	Dec 22, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	115 (As on Dec 01, 2025)

Ascent E Digit Solution has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Nov 02, 2022 for $*****. 1 investor participated in its latest round. Ascent E Digit Solution has 1 institutional investor and 2 angel investors.

Here is the list of recent funding rounds of Ascent E Digit Solution:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2022	2374621	Grant (prize money)	1265267	3515378	5672930	4573181

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View details of Ascent E Digit Solution's funding rounds and investors

The founders of Ascent E Digit Solution are Dharmaraj Dharani, Karichigoundenpalayam Palanisamy Mutharasu, Sundaralingakumar and Shanmugavadivu Mutharasu.

Here are the details of Ascent E Digit Solution's key team members:

Dharmaraj Dharani: Co-Owner & Director of Ascent E Digit Solution. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Karichigoundenpalayam Palanisamy Mutharasu: Co-Owner & Director of Ascent E Digit Solution.
Contact Info: 1 email address
Sundaralingakumar: Co-Owner & Director of Ascent E Digit Solution.
Shanmugavadivu Mutharasu: Co-Owner & Director of Ascent E Digit Solution.
Contact Info: 1 email address

View details of Ascent E Digit Solution's Founder profiles and Board Members

Ascent E Digit Solution's employee count trend

Ascent E Digit Solution has 94 employees as of May 25. The total employee count is 6.0% lower than what it was in May 24. Here is Ascent E Digit Solution's employee count trend over the years:

Employee count trend for Ascent E Digit Solution

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Top competitors of Ascent E Digit Solution include UST, IBM and Infosys. Here is the list of Top 10 competitors of Ascent E Digit Solution, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
2nd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
4365th	Ascent E Digit Solution 2013, Chennai (India), Funding Raised	Provider of management consulting and business management services	-	StartupTN & 2 others	32/100