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The funds will help to expand the technology infrastructure and company expansion across international markets such as Europe and Southeast Asia.
FREMONT, CA: "We are pleased to have received such a significant backing from such eminent funds, especially when Assiduus is driving the next frontier of digital commerce solutions. We look forward to becoming one of the biggest disruptors in the sector by innovating new solutions and exploring uncharted geographies." says the spokesperson of Assiduus.
Assiduus Global has raised $15 million in Series A funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio), and Rajan Navani (JetLine Group of Companies). Assiduus provides businesses with intelligence, analytics, and data that keep them in control at all times. Dr. Somdutta Singh founded Assiduus in 2018. The company's patent-pending technology assists firms in decoding statistics and provides them with actionable insights for launching new brands across fresh categories and countries.
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"Assiduus has the opportunity of being a global leader in this space. As Indian brands are going global, Assiduus enables the Made in India, Serving the World theme," says Vish Narain of Pulsar Capital.
The company focuses on developing end-to-end solutions for brands so that they may concentrate on their core competencies of designing, producing, and brand building without investing in infrastructure or resources. Assiduus Global enables hundreds of companies to scale tremendously across more than 12 global marketplaces with the help of its patent-pending technology, highly efficient workforce, and state-of-the-art infrastructure.
"Assiduus is at the forefront of the global e-commerce transformation that is transpiring across industries. They're smartly building their organization to allow them to serve customers and brands right from a maturing product seller to a multi-billion-dollar global enterprise." says Carlos Cashman, founder of Thrasio.
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