Ascend Capital

Ascend Capital is a commercial electric vehicle financier offering tailored loans to customers purchasing new commercial EVs. Founded in 2018, the company has disbursed 9,000 loans totaling ₹90 crore and aims to exceed ₹300 crore in assets under management within two years.


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Funding Round: Series A

Funding Amount: ₹50Cr

Date: 14-Feb-2024

Investors: InfoEdge Ventures, Asha Ventures

Markets: Fintech, Commercial Electric Vehicles

HQ: Jaipur, Rajasthan, India

Founded: 2019

Website: https://www.ascendcap.in/

LinkedIn: https://in.linkedin.com/company/ascendcap

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