Anchanto raised $ 4 million, led by MDI Ventures, the VC arm of Telkon Indonesia

Anchanto, a pan-Asian SaaS technology company, raised $ 4 million in the first round of its Series C investment, led by MDI Ventures, the venture capital arm of Telkom Indonesia.

The proceeds of the fund will be used to expand the reach of the market and strengthen the regional presence in Southeast Asia. Last year, in the financing of Series B, Transcosmos Inc. Japan and Luxasia Group, Singapore had participated.

Anchanto's CEO and Founder, Vaibhav Dabhade, said, "The collaboration with Telkom Indonesia and MDI's investment are the foundation of Anchanto's strategy in Indonesia." is to enable thousands of Indonesian SMEs, micro-SMEs and businesses to join the eCommerce movement and integrate them seamlessly into Telkom Indonesia's DELON program for e-commerce / e-commerce. Storage and other digital services.

Nicko Widjaja, CEO and Chief Investment Officer of MDI Ventures, says this investment will complement the end-to-end e-commerce solutions currently available in the portfolio and will strengthen the Indonesian e-commerce ecosystem .

Anchanto, which is registered in Singapore but owns its largest operational and operational base in Pune, connects vendors, brands, retailers and storage service providers to over 70 eCommerce sales channels. South East Asia.

According to the company's statement, in the past 12 months, salespeople in the region have processed more than 12 million orders totaling more than 258 million GMV dollars through its two SelluSeller and eWMS platforms.