Ascend Capital has successfully closed its Series A funding round, securing ₹50 crore in Equity Capital led by InfoEdge Ventures and Asha Ventures. The funding will be used to bolster the company's presence across multiple geographies and aims to achieve assets under management (AUM) target of ₹300 crore within the next two years. The funding will also enable the company to expand in 30 cities, focusing on Rajasthan, UP, MP, Delhi NCR, and other states of the country, and enhance its technological innovation and operational excellence.