Private Equity Visionary Shashank Singh Joins Ascendion Board to Propel Global Growth
- Editor
- Jan 29
- 1 min read
What's Happening: Ascendion, a leader in AI-powered software engineering services, has announced Shashank Singh as its newest board member and first external investor. Singh, a renowned private equity leader, has taken a significant equity stake in the company, signaling confidence in Ascendion's growth potential and mission to redefine software engineering.
The Key Moves:
Shashank Singh brings two decades of leadership experience from Apax Partners and expertise in scaling high-growth organizations.
Singh's focus will be on accelerating Ascendion's operational excellence and market positioning in the IT services space.
Ascendion aims to solidify its position as a leader in AI-powered software engineering services with Singh's guidance.
By The Numbers :
Ascendion partners with over 400 Global 2000 clients across North America, APAC, and Europe.
The company has +11,000 experts working on AI-powered software engineering solutions.
Ascendion has 40+ global offices, headquartered in New Jersey.
Key Quotes:
Hiten Patel, Ascendion Board Chairman: "We look forward to Shashank's voice on our Board as our growth continues to accelerate."
Karthik Krishnamurthy, CEO of Ascendion: "We're thrilled to welcome Shashank. His views align perfectly with our goal to deliver AI-led software engineering solutions to clients."
Shashank Singh, Ascendion Board Member: "I'm excited to help accelerate Ascendion's journey to maximize its impact for clients globally."
The Bottom Line: Shashank Singh's addition to Ascendion's board and his significant investment mark a strategic move for the company. With his expertise in scaling high-growth organizations and identifying market disruptors, Ascendion is poised to expand its impact globally in AI-powered software engineering services. This partnership aims to drive innovation and create lasting value for clients across industries.
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