Ascent Secures Seed Funding to Accelerate Growth

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Press Release

Ascent Business Technology Inc, an Enterprise SaaS firm announces extension of Seed round of funding with participation from all existing investors.  “The financing round was oversubscribed and is a strong endorsement of our product strategy and go-to-market approach.  Ascent plans to further strengthen its Risk & Resilience Solutions offerings and support its expansion into US market”, said Kundan Shekhawat Founder & CEO.

As part of the growth strategy, Ascent has recently added Vikash Varma as an Independent Board Member, ”The pandemic has highlighted the unpredictability of the business environment.  Software that enables executives to monitor and track all forms of risk to the business has become mandatory.  Ascent’s Risk and Resilience suite of products provide comprehensive insights to enable business continuity.“ explains Vikash Varma.

Ascent has presence in UAE, Singapore, India, Canada and US and its suite of products in Risk and Resilience have been recognized by leading Analyst firms, Gartner & Forrester.  Ascent products are currently deployed at 40+ top tier financial institution, Banks and Government Agencies.

Media Contact:
Mohammed Tariq
Email: tariq.m@ascentbusiness.com
www.ascentbusiness.com

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