Ascent Capital is a prominent private equity firm based in Bangalore, India, founded in 2000. The firm focuses on investments in various sectors, including financial services, consumer goods, healthcare, and technology. With over 150 years of collective experience in the Indian capital markets, Ascent Capital has developed a reputation for supporting entrepreneurial teams in building successful businesses. Over the past 15 years, the firm has partnered with more than 55 teams to foster growth and innovation across diverse industries, effectively contributing to the development of India's economic landscape.
Freshtohome is an online grocery store based in Bangalore, launched in 2015 by Shan Kadavil. The platform specializes in providing a wide variety of fresh seafood and meat products, including fish, poultry, mutton, and steaks, sourced directly from suppliers. Freshtohome emphasizes the quality of its offerings, ensuring that products are free from chemicals and preservatives. In addition to seafood and meat, the store also lists vegetables and marinated foods, catering to health-conscious consumers. The service includes home delivery, making it convenient for customers to access fresh and healthy food options at reasonable prices.
EnKash
Series B in 2022
EnKash is a comprehensive commercial payments platform based in India, designed to streamline and digitize the payment processes for businesses. Launched in 2018, it has quickly emerged as a leader in the B2B space, offering an innovative solution that combines payment processing with corporate credit card management. EnKash's platform provides businesses with real-time control, visibility, and transparency over their spending, while simplifying the management of purchase orders, invoices, and supplier payments. By leveraging advanced technology, EnKash addresses cash flow management challenges and enhances operational efficiency, allowing businesses to save time and reduce costs. With offices in major cities like Mumbai, Delhi-NCR, Pune, and Bengaluru, EnKash is dedicated to delivering a frictionless payments experience for its growing clientele.
Haber
Series B in 2021
Haber is an industrial automation company founded on February 28, 2017, by Vipin Raghavan and Priya Venkat in Maharashtra, India. The company specializes in providing automation services focused on chemical dosing for various sectors, including paper mills, sugar mills, distilleries, breweries, independent institutions, and mining. Haber has developed an automation platform designed to enhance sustainability in industries by transforming data into actionable insights. This platform collects data through sensors throughout the facility, allowing for the control of mechanical, operational, and chemical parameters. As a result, clients can achieve reduced operational costs and improved business efficiencies.
The Good Glamm Group
Series D in 2021
The Good Glamm Group is a Pune-based company that specializes in the marketing and distribution of a diverse portfolio of beauty and personal care brands. It focuses on sustainable and cruelty-free beauty products, investing in and promoting companies that align with these values. The Good Glamm Group operates an online marketplace that provides a wide range of beauty and grooming products, including spa and salon essentials such as waxing, facials, manicures, and pedicures. The platform aims to make international standard products accessible to customers at competitive prices, consolidating various offerings into a single, user-friendly platform.
MyGlamm
Series C in 2021
MyGlamm is a direct-to-consumer beauty brand that offers an online beauty products marketplace with international spa and salon products. The company uses a combination of technology, content, and social media to allow consumers to not only discover its products but also create rich, personalized, content and tutorial. MyGlamm was founded in 2015 and is headquartered in Mumbai, Maharashtra.
CRMNEXT
Series B in 2021
CRMNEXT is an enterprise CRM solution provider credited with the world's largest installations in financial sector. From Fortune 500 to start-ups, businesses across nine verticals have built profitable customer relationships via CRMNEXT. CRMNEXT eliminates the barriers between human and digital channels, enabling world-class, omni-channel customer interactions from a single platform. It recalibrates banks’ potential to grow engagement, drive profitability, and deliver innovation. CRMNEXT’s customers include global brands like Pfizer, State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Tata AIA, Reliance, Banco de Oro Philippines, National Bank of Oman, Pavers England etc. It is in Gartner Magic Quadrant for Lead management, Sales Force Automation and Customer Engagement. For more information,
MyGlamm
Series C in 2021
MyGlamm is a direct-to-consumer beauty brand that offers an online beauty products marketplace with international spa and salon products. The company uses a combination of technology, content, and social media to allow consumers to not only discover its products but also create rich, personalized, content and tutorial. MyGlamm was founded in 2015 and is headquartered in Mumbai, Maharashtra.
FreshToHome
Series C in 2020
Freshtohome is an online grocery store based in Bangalore, launched in 2015 by Shan Kadavil. The platform specializes in providing a wide variety of fresh seafood and meat products, including fish, poultry, mutton, and steaks, sourced directly from suppliers. Freshtohome emphasizes the quality of its offerings, ensuring that products are free from chemicals and preservatives. In addition to seafood and meat, the store also lists vegetables and marinated foods, catering to health-conscious consumers. The service includes home delivery, making it convenient for customers to access fresh and healthy food options at reasonable prices.
Apptega
Seed Round in 2020
Apptega Inc. specializes in developing cybersecurity management software solutions, offering a platform that allows users to efficiently build, manage, and report on various cybersecurity functions. This platform integrates with established frameworks and facilitates data sharing with other applications, streamlining the cybersecurity process. It is designed to assist organizations of all sizes, including chief information officers and Fortune 1000 companies, in organizing their cybersecurity programs and enhancing their defenses against modern threats. Apptega's tools enable managed service providers to effectively manage their clients' cybersecurity initiatives. Established in 2018 and headquartered in Atlanta, Georgia, Apptega aims to simplify the complexities of cybersecurity and compliance, providing clients with greater visibility and control over their cybersecurity strategies.
Naari
Venture Round in 2020
Naari Pharma Private Ltd. is a vertically integrated global pharmaceutical company based in Noida, India, specializing in women's health, particularly in hormones. Established in 1978 and formerly known as Indo Phyto Chemicals Pvt Limited, the company rebranded to Naari Pharma Private Ltd. in September 2016. Naari Pharma manufactures active pharmaceutical ingredients, fermentation intermediates, and finished dosage forms (FDFs), making it one of the few companies worldwide with comprehensive development and manufacturing capabilities across these areas. The focus on female hormones positions Naari as a significant player in the women's health sector.
Acko
Venture Round in 2019
Acko is a digital insurance provider that offers a range of personalized insurance products through its online platform. Focused on creating transparency and ease in the insurance purchasing process, Acko utilizes data and analytics to underwrite and distribute its offerings. The company specializes in bite-sized insurance products tailored for drivers and individuals in transportation, and has expanded its services to include healthcare-related policies. Acko aims to deliver seamless access to auto insurance, employee health benefits, and various other insurance products, ensuring a user-friendly experience for consumers.
Apptega
Seed Round in 2018
Apptega Inc. specializes in developing cybersecurity management software solutions, offering a platform that allows users to efficiently build, manage, and report on various cybersecurity functions. This platform integrates with established frameworks and facilitates data sharing with other applications, streamlining the cybersecurity process. It is designed to assist organizations of all sizes, including chief information officers and Fortune 1000 companies, in organizing their cybersecurity programs and enhancing their defenses against modern threats. Apptega's tools enable managed service providers to effectively manage their clients' cybersecurity initiatives. Established in 2018 and headquartered in Atlanta, Georgia, Apptega aims to simplify the complexities of cybersecurity and compliance, providing clients with greater visibility and control over their cybersecurity strategies.
Kastus
Series A in 2018
Kastus is an award-winning surface innovation company founded in 2014 by John Browne, with its global headquarters and manufacturing based in Ireland. The company specializes in patented surface coating technology designed for glass and ceramics, which was developed to address the growing concerns over antibiotic-resistant infections and the spread of harmful microorganisms. Kastus' ISO-validated coatings have been proven to kill over 99% of bacteria, fungi, and viruses, including human coronavirus, making them particularly effective for enhancing touch hygiene across various products. In response to the COVID-19 pandemic, Kastus introduced antiviral and antimicrobial screen protectors to help businesses safely reopen from lockdown. The company continues to pursue innovative solutions to combat infection risks in indoor environments, backed by recent EU funding aimed at developing new protective technologies.
iNurture
Series C in 2018
iNurture Education Solutions Pvt. Ltd., established in 2005, is a leading provider of career-oriented higher education in India. The company specializes in delivering industry-relevant courses at both undergraduate and postgraduate levels across various sectors, including information technology, financial services, and creative industries. iNurture operates through a collaborative University-Industry Partnership model, working closely with 14 well-regarded universities and autonomous institutions across the country. Its programs, offered in both online and offline formats, are designed to enhance students' employability and prepare them for successful careers in a rapidly evolving job market.
BigBasket
Venture Round in 2017
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Unicent
Private Equity Round in 2017
Unicent Limited manufactures plastic products.
99Games
Venture Round in 2017
99Games is a prominent game developer and publisher in India, known for creating high-quality mobile games for both global and Indian audiences. The company has achieved notable success with titles like 'Star Chef,' which is recognized as India's most successfully monetized global game, and 'Dhoom:3 The Game,' one of the country's most downloaded games. With over 22 game titles published and more than 70 million downloads worldwide, 99Games employs a strategic approach to cater to diverse markets. The organization emphasizes engaging gameplay and social interaction, developing various genres including puzzle strategy and cooking-themed games. Led by a stable and experienced management team that has collaborated for over a decade, 99Games has established itself as a thought leader in the Indian gaming sector. The company has also attracted investments from reputable institutional investors, reinforcing its position in the competitive gaming landscape.
People Combine
Venture Round in 2016
People Combine is an Education Management & Consulting company with over two decades of rich experience in the sector. They offer end-to-end solutions for educational institutions across the country ranging pre-schools to international K-12 schools and beyond. For an educational institute to provide quality education to students, it is important that various operational aspects of the school function smoothly, and that is where People Combine comes in.
BigBasket
Series D in 2016
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Citrus Payment Solutions
Series C in 2015
Citrus Payment Solutions, founded in 2011 by a team of professionals from software, user experience, and finance backgrounds, focuses on simplifying and innovating the payment process. The company provides an online payment platform that empowers users to complete transactions with a single click across various merchants on their preferred devices. Additionally, Citrus offers a mobile wallet designed for both merchants and consumers, enhancing the payment experience and facilitating seamless transactions in the digital marketplace.
BigBasket
Series C in 2015
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Robosoft Technologies
Series B in 2015
Robosoft Technologies is a full-service digital experiences agency specializing in digital transformation and mobile application development. Established in 1996, the company has a rich history of over 20 years in software development, initially partnering with Apple Inc. as its first client. Robosoft offers a comprehensive range of services, including digital advisory, design strategy, UX/UI design, and engineering, focusing on creating end-to-end digital platforms. Since entering the mobile app development sector in 2008, it has successfully developed over 1,800 mobile applications across various platforms, achieving more than a billion downloads. The agency's work has consistently delivered significant business impact for diverse clients, which include notable names like athenahealth, McDonald's India, and Disney. Recognized for its excellence in mobile app development, Robosoft has received numerous accolades, including the 'Mobile App Development Company of the Year' at the Amazon Mobility Awards, and has been honored with prestigious awards such as the Apple Design Award and BAFTA.
99Games
Series B in 2015
99Games is a prominent game developer and publisher in India, known for creating high-quality mobile games for both global and Indian audiences. The company has achieved notable success with titles like 'Star Chef,' which is recognized as India's most successfully monetized global game, and 'Dhoom:3 The Game,' one of the country's most downloaded games. With over 22 game titles published and more than 70 million downloads worldwide, 99Games employs a strategic approach to cater to diverse markets. The organization emphasizes engaging gameplay and social interaction, developing various genres including puzzle strategy and cooking-themed games. Led by a stable and experienced management team that has collaborated for over a decade, 99Games has established itself as a thought leader in the Indian gaming sector. The company has also attracted investments from reputable institutional investors, reinforcing its position in the competitive gaming landscape.
Radiant Cash Management Services
Venture Round in 2015
Radiant Cash Management Services Private Limited, established in 2005 and headquartered in Chennai, India, specializes in cash management services. The company's primary offerings include cash pick-up and delivery, ATM management, bullion transfers, and cheque processing. Radiant also provides secure storage solutions and personnel for cash handling at various locations. The firm caters to a diverse clientele, including foreign, private, and public sector banks, as well as e-commerce companies, retail chains, non-banking financial companies (NBFCs), insurance firms, and other service providers. As a subsidiary of Radiant Group, it has established itself as a trusted player in the cash logistics sector, focusing on efficient and secure cash processing solutions.
CARE Ratings
Post in 2015
CARE Ratings Limited is a credit rating agency headquartered in Mumbai, India, with additional operations in Mauritius and Nepal. Established in 1993, the company offers a wide range of rating and grading services to assist corporations in raising capital and help investors make informed decisions based on credit risk. Its services include corporate ratings for various instruments such as debt and bank loans, as well as financial sector ratings for banks, insurance firms, and non-banking financial companies. Additionally, CARE Ratings provides public finance ratings for state government entities and infrastructure projects. The agency also offers grading services for educational institutions, industrial training centers, and renewable energy companies, among others. With a network of 10 branches across India, CARE Ratings aims to support businesses and investors by providing comprehensive assessments of creditworthiness and investment potential.
BigBasket
Series B in 2014
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
People Combine
Series B in 2014
People Combine is an Education Management & Consulting company with over two decades of rich experience in the sector. They offer end-to-end solutions for educational institutions across the country ranging pre-schools to international K-12 schools and beyond. For an educational institute to provide quality education to students, it is important that various operational aspects of the school function smoothly, and that is where People Combine comes in.
Vizury
Series C in 2014
Vizury is a commerce marketing platform that specializes in personalized retargeting, helping digital companies enhance their marketing return on investment and increase transactions. Launched in 2007, its platform is designed to target and engage interested consumers across various channels including programmatic, social, and notifications. The platform provides an integrated approach that combines paid retargeting and customer relationship management channels to maximize reach and foster meaningful consumer interactions. In 2018, Vizury was acquired by Affle, a global technology company known for its consumer intelligence platform, which further integrated Vizury's offerings into its suite of products aimed at driving consumer engagement, acquisitions, and transactions through relevant mobile advertising.
Lemnisk
Series C in 2014
Lemnisk is a marketing automation company that specializes in providing a secure customer data platform for enterprises. Their platform aggregates data from various sources to create a unified view of customers, enabling one-to-one personalization and cross-channel customer journeys at scale. By focusing on real-time data and personalized messaging, Lemnisk aims to enhance conversion rates, improve customer retention, and drive growth for businesses. The company also develops agile digital growth tools that assist clients in generating leads and conversions through targeted and hyper-personalized communications.
Maiyas Beverages And Foods
Venture Round in 2014
Maiyas Beverages And Foods Private Limited, established in 1988 and based in Bengaluru, India, specializes in the production and sale of a diverse range of vegetarian processed food products. The company manufactures frozen foods, instant mixes, masalas, pickles, ready-to-eat meals, savories, sweets, and beverages, employing traditional methods to maintain authentic flavors. With a product line featuring approximately 50 varieties of savories and 200 varieties of sweets, Maiyas has positioned itself as a prominent player in the vegetarian food sector in India. Additionally, the company operates restaurants and exports its products to international markets, including Japan. Founded by Dr. P. Sadananda Maiya, who is also associated with the iconic MTR brand, Maiyas continues to expand its offerings under the guidance of his son, Mr. P. Sudarshan Maiya. As of May 2020, Maiyas Beverages And Foods operates as a subsidiary of Akashika Foods Private Limited.
Alivira Animal Health
Private Equity Round in 2014
Alivira Animal Health Limited is a manufacturer and supplier of a diverse range of veterinary products for livestock, poultry, and companion animals on a global scale. Established in 2013 and headquartered in Mumbai, India, the company also has facilities in Polatli, Turkey, and Visakhapatnam, India. Alivira specializes in the production of active pharmaceutical ingredients (APIs), including anthelmintic APIs, alongside various formulations such as feed supplements, antibiotics, antibacterial products, skincare solutions, and disinfectants. As a prominent player in the animal health sector, Alivira serves veterinary pharmaceutical companies and contributes significantly to the veterinary healthcare landscape. The company operates as a subsidiary of Sequent Scientific Ltd.
Newgen Software Technologies
Series C in 2014
Newgen Software Technologies Limited is a software company based in New Delhi, India, specializing in Business Process Management (BPM), Enterprise Content Management (ECM), and Customer Communication Management (CCM) solutions. Founded in 1992, Newgen serves a diverse range of industries, including banking, insurance, healthcare, government, and telecommunications, with over 1,000 installations across more than 50 countries. The company is known for its NewgenONE Platform, a unified low-code platform designed for end-to-end automation, enabling organizations to streamline processes and manage enterprise content effectively. Newgen has received recognition from prominent analyst firms and is positioned in various Magic Quadrants for its innovative solutions. It adheres to high standards of quality and information security, holding certifications such as ISO 9001:2008 and ISO 27001:2005.
Skanray Technologies
Venture Round in 2013
Skanray Technologies is an international medical equipment manufacturer based in Mysore, India, focusing on enhancing healthcare standards through innovative products. The company specializes in high-frequency X-ray imaging systems, dental products, anesthesia delivery systems, critical care devices, and primary healthcare and telemedicine-compatible devices. Skanray's products are designed and produced in FDA-compliant facilities in India and Europe, enabling the delivery of cost-effective patient care to rural populations globally, as well as to hospitals and clinics.
RBL Bank
Venture Round in 2013
RBL Bank Limited is a private-sector scheduled commercial bank based in Mumbai, India, established in 1943. The bank operates through several segments, including Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. It offers a diverse range of deposit products such as savings and current accounts, as well as fixed deposits. RBL Bank provides various lending options, including personal, home, car, education, and business loans, along with financial services like insurance, wealth management, and online banking. The bank also engages in advisory services for mergers and acquisitions, project finance, and trade services. With a focus on expansion, RBL Bank has developed a network of branches and ATMs across India, servicing over 500,000 customers and maintaining a robust business size. Following a transformational journey initiated in 2010, the bank has strengthened its governance and technology infrastructure to support its growth strategy.
iNurture
Venture Round in 2012
iNurture Education Solutions Pvt. Ltd., established in 2005, is a leading provider of career-oriented higher education in India. The company specializes in delivering industry-relevant courses at both undergraduate and postgraduate levels across various sectors, including information technology, financial services, and creative industries. iNurture operates through a collaborative University-Industry Partnership model, working closely with 14 well-regarded universities and autonomous institutions across the country. Its programs, offered in both online and offline formats, are designed to enhance students' employability and prepare them for successful careers in a rapidly evolving job market.
BigBasket
Series A in 2012
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Kerala Institute of Medical Sciences
Venture Round in 2012
The Kerala Institute of Medical Sciences is a multi-specialty tertiary care hospital located in Thiruvananthapuram, India, dedicated to providing high-quality medical services through a combination of specialist expertise and advanced technology. Founded in 2002, the institution focuses on making healthcare accessible and affordable for the community. It encompasses a range of services from primary to quaternary care, including health check programs and emergency services. In addition to its hospital operations, the Kerala Institute of Medical Sciences is involved in medical education, offering specialized courses for nurses and postgraduate programs for doctors, including 20 DNB programmes and various fellowship courses. The organization also features a College of Nursing and an Institute of Skill Development and Paramedical Institute, reflecting its commitment to quality patient care, research, and education.
Forefield
Series C in 2002
Forefield is a software development company that specializes in tools for online communication between financial institutions and their clients. The company provides solutions designed to enhance financial planning and client interaction specifically for organizations in investment management, insurance, brokerage, banking, and accounting. Additionally, Forefield's software is utilized by financial websites, enabling a more streamlined and effective exchange of information between financial advisors and their clients.
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