Singapore's Anchanto snags funding from Asendia, MDI Ventures

Anchanto founder and CEO Vaibhav Dabhade. (Photo courtesy of Anchanto)

Singapore-based e-commerce enabler Anchanto has snagged fresh funds as part of its ongoing Series C round from existing investor MDI Ventures and new investor Asendia, a joint venture between French La Poste and Swiss Post, the company announced on Thursday.

The firm has raised a total sum of S$16.6 million ($12.1 million) in the ongoing round.

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