Ascent IV

Ascent Capital is a leading fund manager focussed on providing growth capital in India.

Our investment

In 2018, we committed $40 million to Ascent India IV, which will focus on the healthcare, financial services, technology and consumer sectors.

Expected impact

In this fund, Ascent Capital will continue to build on its previous successes of investing in and growing businesses that provide employment to a significant number of semi-skilled workers. In its previous three funds, the manager has helped scale companies such as BigBasket, where Ascent was the first institutional investor, KIMS Hospital, RBL Bank, Sequent Scientific, Citrus Pay and iNurture.

Key facts

Status:
Active
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Ascent Capital Advisors Private Limited
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$40m

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status