Anchanto Raises US$4M in Series C Funding

Anchanto, a Singapore-based global e-commerce selling and logistics platform, raised US$4m ($5.45m) in Series C funding.

The round was led by Telkom Indonesia’s corporate venture capital arm, MDI Ventures.

The company intends to use the funds to expand its market outreach and to consolidate in South-East Asia.

Led by founder Vaibhav Dabhade, Anchanto provides SaaS products and global partnerships for businesses (Brands, Online Sellers & Retailers, 3PLs, Warehouses and Postal Associations) of all sizes to access to eCommerce capabilities to scale, on demand.
It provides:
– The Anchanto eWMS is a proprietary SaaS platform that enables B2B & B2C eCommerce for 3PLs, Warehouses, Brands and Postal Associations. With 41+ eCommerce marketplace integrations and 20+ strategic partnerships, the platform enables Inventory, Order & Warehouse Operations management. The system has integrations with regional & local online marketplaces and last mile carriers such as Ninja Van & DHL. It also enables cross-border eCommerce and full shipping label interoperability. It currently serves a customer base consisting of global players such as 3M, Garnier, L’OREAL, Luxasia, DKSH, Maybelline, Essilor, Pos Malaysia, Telkom Indonesia and many more, across 14+ countries.
– SelluSeller is an online multi-channel selling software, that offers a solution to manage selling on multiple local and international marketplaces, online shops, and sales channels with ease. It enables sellers to manage Listings, Orders, Promotions, Marketing, Inventory, Shipping, Billing, Analytics, Reports- Everything in One Place. SelluSeller allows online sellers, brands, and distributors to list and sell products online with features such as pricing & promotion management, listing management, catalogue management, centralized inventory & order management, payment reconciliation and many more.



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