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Tag: Anchanto

  • Anchanto raises funds to expand its Southeast Asia e-commerce network

    Anchanto raises funds to expand its Southeast Asia e-commerce network

    Anchanto, a Singapore-based e-commerce logistics and selling platform, announced that Luxasia Group (Luxasia), Asia’s leading omnichannel retailer, and transcosmos inc. Japan (TCI), a TSE-listed global end-to-end e-commerce enabler, have made investments to be part of Anchanto’s growth story and offer overall partner services across its network.

    This partner round exemplifies the confidence that two of the largest players in the Asian e-commerce domain have in Anchanto’s current and future business plans.

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  • Anchanto empowers merchants and enterprises with cross-border e-commerce

    Anchanto empowers merchants and enterprises with cross-border e-commerce

    Anchanto, the leading e-commerce logistics and selling platform, announced today the launch of SelluSeller – a one-stop platform that enables merchants and enterprises to sell on various e-marketplaces across Asia. Headquartered in Singapore, Anchanto developed the highly innovative platform as the most suitable tool which will empower sellers to cut across geographies and access global marketplaces to list products outside of their own country. Within the first month of launch of SelluSeller, Anchanto has had four major customer wins – Lazada, Bluebell Group, DKSH and PayTM.

    SelluSeller was officially launched at the Asia E-commerce Dialogue 2017, an industry forum hosted by Anchanto in Singapore which saw the participation of key stakeholders from the e-commerce and logistics industry from around the region.

    “Over the last five years, we have seen a rapid growth in online marketplaces, each portraying its individual strengths appealing to different segments of sellers across markets and product categories. We realised a critical factor which held an opportunity for us to provide a solution to these sellers to seamlessly list products and manage inventory across all channels with the ease of one single platform,” said Vaibhav Dabhade, CEO, Anchanto. “Sellers are also looking for simple platform to sell their products regionally in to Southeast Asia and India on cross-border model. SelluSeller is design and built for cross-border listing and shipping from day one,” he added.

    “The response from industry within the first month of limited launch has been encouraging. We are confident that SelluSeller will bridge the gap perfectly for enterprises, brands and retailers who want to be on e-marketplaces, merchants who want to expand geographies and make the whole process of selling online a fulfilling experience,” Dabhade further added.

    On the SelluSeller platform, sellers can manage prices and promotions, maintain a single common inventory with also comes with an order system, analytics and full-payment reconciliations. Sellers will be able to sell to these marketplaces whether they are a small home-operated seller or a major seller who sells on all the prominent marketplaces in Asia.

    The seller can choose to use any of Anchanto’s Global Fulfilment Network and e-commerce B2C fulfilment which will fully integrate with SelluSeller and provide them with preferred fulfillment rates. This will be further connected to the firm’s broad network of warehouses spread across the region.

    With the launch of SelluSeller, Anchanto will be establishing itself as a leading player in the e-commerce logistics SaaS industry that is focused on the development of its e-commerce selling and logistics platform.

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  • Behind the glitz and glamour is where Indonesia can shine, says Anchanto CEO

    Behind the glitz and glamour is where Indonesia can shine, says Anchanto CEO

    As the startup industry in Southeast Asia develops, we become increasingly familiar with fast changes and daily happenings that continually make the news. It seems that every new day brings with it a flashy new tech startup, else a venture investment that makes your salary seem like nothing at all.

    However, we often forget that these companies and investor monies are highly dependent on the other not-so-flashy modes of business, such as those that Anchanto’s CEO Vaibhav Dabhade, fully embrace. Set to share his views on Echelon Indonesia 2016’s Steer stage panel this April, Dabhade wants to empower Indonesia’s E-commerce roadmap, bringing the logistics lowdown back into the tech space.

    Logistics and entrepreneurship are deeply embedded into Dabhade’s life and family history. He regards his grandfather, who started a logistics business for trucks in central India in 1945, as a huge influence. Today, Dabhade has taken two generations of logistics experience and learning and brought this into a new, digital era.

    He co-founded Anchanto in 2011 out of a belief that e-commerce logistics and fulfilment can be made seamless through technology and the right platform. In his role as Chief Executive Officer, Dabhade oversees Anchanto’s regional business and heads company strategy. This includes management of marketing, sales, product, talent acquisition and regional market expansion.

    Dabhade holds an executive education from Harvard Business School and IIM as well as qualifications in Electronics & Telecommunication Engineering. He also spends his spare time dreaming about being a painter and excels at graphic design and arts.

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  • Pos Indonesia eyes eCommerce boom

    Pos Indonesia eyes eCommerce boom

    Indonesia’s national postal service, Pos Indonesia, is mulling a spin-off its logistics arm in 2019 an IPO to capitalise on the online shopping boom.

    Pos Indonesia is aiming for Rp 11 trillion ($796 million) in revenue within the next two years, according to its director of technology and financial services, Indyruwani Asikin Natanegara. One third of this would come from its logistics arm, Pos Logistik Indonesia.

    This would more than double Pos Indonesia’s estimated revenue of about Rp 4 trillion last year, and be a nearly eightfold increase (about Rp 500 billion) for Pos Logistik Indonesia.

    Established four years ago, Pos Logistik Indonesia may make its trading debut before its holding company. It is something Pos Indonesia has been discussing for three years. With a network of 4367 offices and more than 28,000 agents, Pos Indonesia has established ties with such eCommerce companies as MatahariMall and Zalora Indonesia, in providing pickup and delivery services.

    Pos Logistik Indonesia’s business solutions director Yan Hendry Jauwena says the idea is to provide logistics for eCommerce companies. It has formed a partnership with Singapore-based technology firm Anchanto, which will be offering its services for warehousing and inventory, processing orders and delivery.

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  • Singapore’s Anchanto in MoU with Pos Logistik Indonesia

    Singapore’s Anchanto in MoU with Pos Logistik Indonesia

    Singapore-headquartered e-commerce fulfillment company Anchanto said it has signed a Memorandum of Understanding (MoU) with Pos Logistik Indonesia to bring its technology, expertise and regional network to the fast-growing Indonesian market.

    Indonesia is the largest e-commerce market in South-East Asia, and growing rapidly as local consumers shift to online purchasing, Anchanto said in a statement.

    However, one barrier is that logistics providers continue to use processes built for B2B (business-to-business), and not purpose-built technology. This results in a lack of end-to-end visibility of orders, errors and delays in deliveries, and higher costs, the company argued.

    Anchanto was founded in June 2011, and last November landed an undisclosed Series B round from Japan’s Transcosmos Inc.

    The MoU between Anchanto and Pos Logistik Indonesia, a subsidiary of PT Post Indonesia, will bring Anchanto’s e-commerce-focused technology to Indonesia, it added.

    This will offer both local and cross-border companies fulfillment services that are developed from the ground-up.

    “This MoU allows us to build the biggest e-commerce fulfillment and logistics offering for the Indonesian market,” said Anchanto cofounder and chief executive officer Vaibhav Dabhade.

    “Our mission is to let e-commerce companies, sellers and brands focus on what they do best, while we take care of providing world-class fulfillment technology and infrastructure with 3PL (third-party logistics) partners in the region to them at scale, on demand,” he added.

    Once implemented by March, Anchanto and Pos Logistik Indonesia will carve out a dedicated e-commerce team to offer a complete suite of services.

    This will include real-time order visibility, picking and packing, channel sales management, persistent inventory listing across local and regional marketplaces, and customer support.

    “We have a robust plan to capture e-commerce logistics and cross-border e-commerce market share for the Indonesian market by helping SMEs (small and medium enterprises), local businesses and brands,” said Pos Logistik Indonesia director Hariyanto.