Assiduus Global raises $15 million to provide D2C brands with e-commerce solutions
- ByStartupStory | October 14, 2022
With participation from 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (Founder of Thrasio), Rajan Navani (JetLine Group of Companies), and others, the AI-powered cross-border e-commerce accelerator Assiduus has raised $15 million in a funding round led by Pulsar Capital. Assiduus is committed to helping D2C brands launch, scale, and grow across global e-commerce marketplaces. The allocated funds will help businesses expand across foreign markets like South-East Asia and Europe through improved technology architecture.
Assiduus Global Inc. enables hundreds of brands to scale remarkably across more than 12 marketplaces globally, including Amazon, Flipkart, Shopify, Noon, Walmart, eBay, Lazada, Nykaa, and many more. This is made possible by their patent-pending technology, highly effective workforce, and cutting-edge infrastructure.
The year-over-year profit proves that Assiduus does more than simply promise brands safety and scalability—they really quantify it. Assiduus provides businesses with intelligence, analytics, and data, which keeps them in control at all times, in contrast to other e-commerce enablement providers.
Dr. Somdutta Singh founded Assiduus in 2018, and the company now has a patent pending technology that helps brands interpret data and gain actionable insights for launching new brands in untapped markets. Without spending money on infrastructure or resources, the company focuses in providing end-to-end solutions for brands so they can concentrate on their core competencies of designing, producing, and building brands.
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