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[Funding alert] Ecommerce management startup Assiduus Global raises $1M in Series A round

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Bengaluru-based ecommerce management firm Assiduus Global, on Thursday, raised $1 million in Series A funding for its India business. The round was led by multiple investors including VC Firm K Partners and a few notable HNI’s.

According to company statement, the startup will use the fresh fund to develop and expand the brands, especially in the domain of Nutraceuticals and beauty.

Commenting on the funding, Somdutta Singh, Founder and Chief at Assiduus Group, said,

“The funding will help us aggressively to develop stronger market offerings, expand our efforts into key markets as well as broaden and accelerate product........

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