Assiduus Global, a Delaware, US-based cross-border e-commerce management services provider, announced that it raised $15 million in a Series A round of funding.
The round was led by Pulsar Capital, with participation from 9Unicorn, Venture Catalyst, StrongHer VC, and HNIs like Co-founder of Thrasio Carlos Cashman and Rajan Navani of JetLine Group.
The company will utilize the funds to enhance its technological architecture and expand its business across international markets such as Europe and Southeast Asia.
“We are pleased to have received such significant backing from such eminent funds, especially when Assiduus is driving the next frontier of digital commerce solutions. As a global ecommerce accelerator, we have cemented an enduring presence in the industry by empowering countless brands to scale their operations across the fast-evolving e-commerce multiverse,” said Dr. Somdutta Singh, Founder, and CEO of Assiduus.
Assiduus helps e-commerce brands launch, scale, and grow across 12+ global e-commerce marketplaces like Amazon, Noon, Walmart, eBay, Lazada, Shopee, Nykaa, and many more.
Company: Assiduus Global, Inc.
Round: Series A
Funding Month: October 2022
Lead Investors: Pulsar Capital
Additional Investors: 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman, and Rajan Navani
Company Website: https://www.assiduusglobal.com/
Software Category: AI-powered cross-border E-Commerce accelerator
About the Company: Founded in 2018 by Dr. Somdutta Singh, Assiduus Global Inc. is an AI-powered cross-border e-commerce accelerator that helps D2C brands launch, scale, and grow across e-commerce marketplaces and geographies. Assiduus Global offers online brand intelligence, analytics, and data with actionable insights and services that include account management, product listing and optimization, brand registry, distribution, inventory management, and auto campaigns. Assiduus Global helps build multi-marketplace, cross-border e-commerce strategies for business growth. Assiduus works with hundreds of brands, including Amazon, Noon, Walmart, Nykaa, Myntra, eBay, Etsy, and others. Its vision is to become a $1 billion company by 2025 and revolutionize how D2C brands deliver products on global e-commerce marketplaces via its platform.