Singapore’s Anchanto Raises $ 4 Million Investment Led by Telkom Indonesia’s MDI Ventures in Ongoing Series C Funding

Anchanto, a Singapore headquartered pan-Asia SaaS technology company has raised $4M in the first round of its ongoing Series C investment, led by MDI Ventures, Telkom Indonesia’s corporate venture capital arm. MDI funding comes after Series B funding from Transcosmos Inc Japan and Luxasia Group, Singapore in May 2017. The proceeds of the fund will…

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How Brands Overcame The Channel Conflict Dilemma?

One of the most challenging dilemma businesses faced was about harmoniously maintaining their decades-long associations with distributors and retailers. After established brands started growing their online presence, distributors dealing in the brands’ products smelt conflict of interest. This was because eCommerce enabled brands to directly reach customers without relying on the distributor-retailer touch points and…

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Overcoming Challenges of Cross-border eCommerce

Over the last few decades, selling has seen a logical progression. Earlier, the brick-and-mortar model gave way to local e-commerce. After the initial hiccups, local e-commerce stabilized and companies started selling to customers in their specific geographies through their own online stores and other local online marketplaces. With the growth in business came competition, as…

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Dissimilarities in Traditional and eCommerce Logistics that are Affecting the Former

When the basic operational method of a business changes; it turns upside down many ancillary services that depend on it. Innovation in technology has turned the e-commerce concept into a juggernaut that seems to be changing the face of many a business landscape. Traditional supply chain and logistics—being an important part of the retail brick-and-mortar…

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WMS to eWMS – Is the Transition Necessary?

Warehousing changed considerably when warehousing management systems (WMS) first arrived on the scene and helped these asset-heavy enterprises significantly streamline their assets, manpower, and operations. Manual intervention reduced resulting in error reduction in transactions. With time, WMS systems got smarter and started managing almost all verticals in warehouses. Most players in the industry had one…

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