E-commerce selling and logistics platform Anchanto has received investments from omnichannel retailer Luxasia Group and e-commerce enabler transcosmos inc. Japan.

Luxasia and TCI will also offer partner services on Anchanto’s network.

“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,” said Vaibhav Dabhade, CEO and founder of Anchanto. “We help brands and sellers to sell across channels and metamorphose traditional into e-commerce logistics players. Luxasia, led by Dr. Wolfgang Baier, understands the importance of building and operating these new-age enabling platforms. 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. Both Luxasia and TCI are Anchanto software users and I am indeed elated to receive investment from them.”

Baier, group CEO of Luxasia, said that the company’s priority is connecting global beauty brands to consumers in Asia.

“This partnership with Anchanto will help us expand Luxasia’s services even faster, becoming the leading beauty omnichannel platform in Asia,” he said. “Luxasia already has more than 3,000 brick-and-mortar touchpoints across Asia. Adding local e-commerce marketplaces to this network will boost Luxasia’s capabilities to better serve customers in the burgeoning Asian luxury markets.”

Okuda Masataka, president and COO of transcosmos inc., said that many clients are seeing huge market potential for e-commerce in ASEAN countries.

“In order to meet such clients’ needs, TCI has decided to invest in Anchanto to enforce our service capability in end-to-end e-commerce solutions in ASEAN,” he said. “The strategic alliance with Anchanto brings tremendous business synergy and valuable integration of Anchanto e-commerce platform.”

Anchanto offers its software to connect all the players in the e-commerce market and to simplify online selling and e-commerce logistics.

“This buy-in from both partners is ample testimony of the trust and confidence they have in Anchanto and our aligned vision of the disruptive nature of our products for the e-commerce industry at large,” said Dabhade. “This investment is crucial in our ambition to reinforce our leadership in markets we are presently in and also venture in other countries by growing our team and further develop our products’ capabilities.”