Dr. Somdutta Singh, CEO and Founder of Assiduus, named as Finalist in VentureBeat's Women in AI Leadership Awards
By: WE Staff | Wednesday, 6 July 2022
In the AI Entrepreneur category of the Women in AI Leadership Awards given by VentureBeat, Dr. Somdutta Singh, founder and CEO of Assiduus Global Inc., a global multi-marketplace e-commerce accelerator for direct-to-consumer companies, was chosen a finalist.
Singh is an angel investor, best-selling author, serial entrepreneur, and philanthropist. Assiduus Global is her third business endeavour; her other two ventures were successfully acquired. She won the coveted Indian Achievers' Award, was selected to the Times of India 40 Under 40 list the previous year, and will be among Fortune India's 50 most influential businesswomen in 2020.
Singh belongs to the prestigious Entrepreneurs' Organization, the Forbes Business Council, and Indiaspora, the biggest diaspora organisation for Indians worldwide.
She was the first woman of Indian descent to serve on the board of Philip Kotler's Kotler Impact and served as the youngest and only chosen female vice-chairperson of the NASSCOM Product Council. Singh is the author of two best-selling books, Decoding Digital: Unlocking Digital Barriers and Stories from New India: Policies, Hope and Change. Singh assisted the Indian government in creating the innovative Women Entrepreneurship Platform (WEP) by NITI Aayog.
“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.”
The recipient of the AI Entrepreneur Award will be a woman who founded businesses with a strong AI focus. The following criteria will be taken into account: commercial traction, the technology solution, and effect in the AI market. Winners are chosen for their dedication to the sector, efforts to broaden diversity in the industry, and beneficial impact on the neighbourhood.
The Transform Data and AI Executive Summit, the premier applied AI event for enterprise business and technology decision makers, is organised by VentureBeat and will award the winners of the Women in AI Leadership Awards on July 19 at the Palace Hotel in San Francisco.
To make going global easier, the Assiduus e-commerce platform navigates the complexities of DTC sales through international digital marketplaces, including licencing, import laws, logistics, and more. Assiduus, which is pronounced "aside us," manages all aspects of inventory, sales, and distribution and offers AI-powered data analytics to help with decision-making, boost earnings, and safeguard brand identity.
DTC brands are guided in onboarding, operations, research, and reporting by Assiduus' technology. To provide knowledge on product performance, pricing, target audience, purchasing trends, repeat purchases, competitors, and more, its AI systems analyse data from international marketplaces. Sellers can forecast based on the most popular SKUs, items, and categories for international markets using Assiduus data as a guide.