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Ascendere AI is a Singapore-based B2B SaaS platform that automates financial due diligence for private market transactions across Asia Pacific. The platform is built for institutional participants including SME IPO merchant bankers, NBFCs, PE and VC firms, and investment banks who need to conduct rigorous borrower and investee analysis at speed and
scale, without proportionally expanding analyst headcount.
The platform ingests unstructured financial documents such as audited accounts, MCA filings, bank statements, and CMA data, and produces structured, institution-grade due diligence reports using a proprietary multi-agent AI architecture. Analytical outputs include forensic techniques such as Beneish M-Score, Benford's Law anomaly detection, DSCR modelling, Monte Carlo simulation, Bayesian scoring, and financial ratio trend analysis, going well beyond data aggregation to deliver genuine credit and investment intelligence.
Ascendere AI is built on AWS Bedrock (Mumbai region) to satisfy SEBI data residency requirements and India's Digital Personal Data Protection Act. The platform is priced on a per-deal SaaS model and is currently focused on the India private markets opportunity, with a longer-term roadmap covering broader APAC credit and capital markets verticals.
The company was co-founded by Surendra Gupta (CEO), a Chartered Accountant and PMP with over 25 years of experience in financial IT transformation, cross-border regulatory compliance, and enterprise technology across APAC with prior leadership roles at GlobalFoundries and Infosys; and Devansh Gupta (CTO), who holds a degree in Computer Science and a Master's in Quantitative Finance from Singapore Management University and brings expertise spanning large language model engineering, proprietary quantitative model development, and financial systems architecture.