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Anchanto, Singapore-based sales and logistics platform raised $ 4 million ($ 5.5 million) in the first round of its Series C investment, led by MDI Ventures, a subsidiary of Telkom Indonesia.
Bonds where Anchanto received funding from Transcosmos Japan and Luxasia Group last May.
Anchanto said in a statement yesterday that the profits will be used to expand its presence in the market and strengthen its presence in Southeast Asia. Its platforms connect sellers, brands, retailers and warehousing service providers to more than 70 online sales channels
Over the last 12 months, vendors in the region have been dealing more 12 million orders totaling more than US $ 258. The collaboration with Telkom Indonesia and MDI's investment is at the base of Anchanto's strategy in Indonesia, said Anchanto's founder, Vaibhav Dabhade
. ] Telkom Indonesia has more than 170 million users, as well as digital platforms, mobile payments and business solutions.
"This investment complements our efforts in the e-commerce sector by addressing different segments of the Indonesian logistics market.", Said MDI Ventures Managing Director Nicko Widjaja
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