SucSEED, which is a Hyderabad-based early-stage investment firm has now made an undisclosed amount of investment in the Eunimart, which is a complete AI-enabled end-to-end omnichannel trade and commerce management platform for small and medium enterprises, selling across the globe.
“Eunimart provides one-stop eCommerce solution to sell Anywhere, anytime. This offers a huge potential for SMEs in India like handicrafts, handlooms, Jewelry merchants, SME companies aspiring for exports, to reach global markets, grow their revenues and margins with ease.”
Speaking on the funding, Vikrant Varshney, Co-founder & Partner, SucSEED
The company is founded by Shayak and Archana in the year 2016. It helps SMEs to sell their products across the globe with the help of cross-border eCommerce. The platform offers merchants access to 18 marketplaces, two payment partners, warehousing options, and ten shipping partners, etc. across the 84 countries. It even brings all these platforms on one dashboard and automates all the functions so that the SMEs do not need the highly much more technical staff, heavy losses, months of preparation in selling overseas.
The company Artificial Intelligence tools to help the merchants with the cataloging automatically, image, pricing of products & content optimization, understanding of competition, sales prediction and portfolio optimization, etc.
Shayak Mazumder, Co-founder of Eunimart, said,
“The world has shifted from a straight-line value chain to a circular mesh value chain where everyone is connected to everyone, and our value is not limited to what we create alone. Today, the more value we add to our ecosystem, the more valuable we become. By adding value to every stakeholder, we seek to empower the ecosystem globally and become synonymous with supply aggregation and SME enablement across the globe.”
This February, Eunimart secured bridge funding from the TMT ConneKt. It had also secured a Pre-Series A funding round from Agility last year, which is a Kuwait-based logistics firm.
Archana Shah, Co-founder of Eunimart, added, “We believe cutting-edge technology products can be created from India with the right support and SucSEED Venture Partners, formed by Senior CXOs and Technology experts, can help us just do that.”
