Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Unicommerce to Expand in Southeast Asia and Middle East, Invests $5 Million

Unicommerce to Expand in Southeast Asia and Middle East, Invests $5 Million

The investment will help the company acquire more clients in the international markets

Unicommerce in a significant move has announced an investment of $5 million to expand its presence in Southeast Asia and Middle East. The investment will help India’s largest e-commerce focused supply chain SaaS platform to acquire more clients in these markets.

The company is looking to establish itself as a preferred choice of e-tailers and retail brands in the region. Unicommerce will specifically be using the funds to invest in setting up local offices, sales and marketing, product enhancement, and hiring local talent.

"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," said Kapil Makhija, CEO, Unicommerce.

In its press release, Unicommerce has said that it has already acquired over 10 clients in the markets of Singapore, Malaysia, and Philippines. The company will now look towards expanding to more countries in Southeast Asia. The latest investment will help the company reach its goal of 400% growth in its overseas business.


Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...