Pictured: Dr Somdutta Singh, founder and CEO of Assiduus Global Inc
A leading Indian entrepreneur has been nominated for innovative use of AI in e-commerce.
Dr Somdutta Singh, founder and CEO of Assiduus Global Inc., a multi-marketplace e-commerce accelerator for direct-to-consumer brands, was named a finalist in the Women in AI Leadership Awards presented by VentureBeat in the AI Entrepreneur category.
The Assiduus e-commerce platform helps to manage sales via various digital marketplaces, including aspects such as legal and regulatory compliance, licensing, import regulations and logistics. It manages inventory, sales, and distribution from end to end, and provides AI-powered data analytics to guide decision-making, increase profits, and protect brand identity.
Assiduus technology guides brands in onboarding, operations, research, and reporting. Its AI algorithms analyze data from global marketplaces to provide intelligence on product performance, pricing, target audience, purchasing patterns, repeat purchases, competitors, and more. With Assiduus data as a guide, sellers can make projections based on the most in-demand SKUs, products and categories for global markets.
Singh is a serial entrepreneur, angel investor, best-selling author and philanthropist. Assiduus Global is her third venture, with both previous companies having been acquired. She was named to the Times of India 40 Under 40 last year, won the coveted Indian Achievers’ Award and featured amongst Fortune India’s 50 most powerful businesswomen in 2020.
She is also a member of the Entrepreneurs’ Organization, Forbes Business Council and Indiaspora, the largest diaspora community for Indians around the world. She has served as the youngest and only elected woman vice-chairperson of NASSCOM Product Council and was the first woman of Indian origin on the Board of Philip Kotler’s Kotler Impact. Singh helped the Government of India build the Women Entrepreneurship Platform (WEP) by NITI Aayog and has authored two best-sellers – Decoding Digital: Unlocking Digital Barriers and Stories from New India: Policies, Hope and Change.
“I am honored to have been nominated for the Women in AI Leadership Awards and named a finalist among those in the AI Entrepreneur category,” said Singh. “Women in technology have to be smart, resourceful and efficient to gain a foothold in the industry and I have used those skills to build an e-commerce platform that helps companies break barriers of cross-border selling of products throughout the world. I look forward to seeing who is named recipients of the Women in AI Leadership Awards, knowing that everyone recognized is already a winner by even being nominated.”
Women in AI Leadership Awards is hosted by VentureBeat and presented at the Transform Data and AI Executive Summit, the leading event on applied AI for enterprise business and technology decision makers, July 19 at the Palace Hotel in San Francisco.