Transcosmos : Makes Follow-on Investment in Anchanto, a Singapore-Based E-Commerce…

transcosmos inc. (Headquarters: Tokyo, Japan; President and COO: Masataka Okuda; TSE First Section: 9715; hereafter, transcosmos) has made a follow-on investment in the Singapore-based E-Commerce logistics and sales SaaS product provider Anchanto Pte Ltd. (Headquarters: Singapore; Representative: Founder & CEO Vaibhav Dabhade; hereafter, Anchanto).

transcosmos formed a capital and business alliance with Anchanto in November of 2015, thereby bringing together the operational know-how in 'Global E-Commerce One-Stop Services' that transcosmos has cultivated until now and the service functions possessed by Anchanto, and it has been providing support for client companies entering E-Commerce in the ASEAN market.

In recent years, Anchanto has been strengthening sales of its multi-marketplace Software as a Service (SaaS) E-Commerce selling platform 'SelluSeller' (https://www.selluseller.com/), which centrally manages (listings, ordering, inventory, etc.) on multiple E-Commerce market places and client company E-Commerce websites. As a result of this additional investment transcosmos has now acquired the exclusive rights for 'SelluSeller' in Japan and for Japanese-based companies (domestic and overseas sales). Going forward, transcosmos will strengthen its global E-Commerce one-stop services with the aim of providing and selling 'SelluSeller' operation services to Japanese companies and multinational companies moving into regions with a focus on Japan, ASEAN and India.

Company Overview of Anchanto

Comments from Anchanto Pte Ltd. Co-founder & CEO Vaibhav Dabhade's are as follows.
'We are in the business of providing enterprise SaaS products to empower e-commerce logistics and online selling and take them to the next level. We help brands and sellers to sell across channels inter and intra-asia and metamorphose traditional logistic players into e-commerce logistics players. TCI has built a strong end-to-end Asian e-commerce offering over the last five years in the region by providing e-commerce market entry gateway services. TCI is an Anchanto software user and I am indeed elated to receive investment from TCI as a sign of confidence in the quality and robustness of our product.'

Comments from transcosmos President and COO Masataka Okuda are as follows.
'Many of our clients are seeing huge market potential for E-Commerce of their products in ASEAN countries. In order to meet such clients' needs, transcosmos has decided to invest in Anchanto to enforce our service capability in end-to- end E-Commerce solution in ASEAN. The strategic alliance with Anchanto brings to transcosmos tremendous business synergy, valuable integration of Anchanto E-Commerce platform. Through this capital and business alliance, our clients will be able to enjoy a large scale of E-Commerce sales channels for their products as well as fully integrated E-Commerce one-stop services in the region.'

About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we have combined superior 'people' with up-to-date 'technology' to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients' business processes focusing on both sales expansion and cost reduction through our 171 locations across 31 countries with a focus in Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients' excellent products and services to consumers in 49 countries around the globe. transcosmos aims to be the 'Global Digital Transformation Partner' of our clients, supporting the clients' transformation by leveraging digital technology, responding to the ever changing business environment.