Logistics is a living nightmare for many companies going into ecommerce. They need to deal with warehousing, delivery, and fulfillment, which are areas of expertise most merchants aren’t equipped to handle.
Anchanto, a Singapore-based startup, wants to take away the sting of running an online retailer. It does this by offering companies a platform to outsource their logistics for a fee. Its model is similar to Fulfillment by Amazon.
It has raised a Series A round to expand throughout Asia, which follows two bridging rounds and a seed investment.