Unicommerce sets US$5 million investment towards Southeast Asia, Middle East expansion

KUALA LUMPUR, Nov 24 -- Unicommerce, India’s largest e-commerce focused supply chain SaaS platform, has decided to invest US$5 million to strengthen its international operations and further expand its presence in Southeast Asia and Middle East. (US$1 = RM4.199)

Sharing his thoughts on the investment, Unicommerce Chief Executive Officer, Kapil Makhija said: “E-commerce adoption is growing at a rapid pace across various countries in Southeast Asia, therefore we decided to further strengthen our presence in the region.

“The pandemic-led e-commerce acceleration in Southeast Asia has created a need for a robust supply chain platform to ensure faster delivery and a seamless shopping experience to consumers.

“So far, we have been able to onboard clients in Singapore, Malaysia, and Philippines and soon will be adding clients in the Indonesia, Vietnam, and Thailand markets.

“Over the next couple of years, we will be expanding at a lightning-fast speed with strong capital infusion focused on client acquisition, creating brand awareness, and continuous product development.”

The company has been consistently investing and growing its Southeast Asia business and will continue to acquire more clients in these markets, according to a statement.

After becoming an undisputed leader in India, Unicommerce aims at establishing itself as a preferred choice of e-tailers and retail brands in the region.

In addition, Unicommerce will be investing in the areas of product enhancement, setting up local offices, sales and marketing along with hiring local talent in these regions.

With its experience of over nine years and working with clients across sectors in India, Unicommerce has created a truly global product portfolio designed for any e-commerce business.

The current investment will empower the company to achieve a whopping 400 per cent growth in its overseas business.

-- BERNAMA