Fynd, a Mumbai-headquartered  AI-powered unified commerce platform backed by Reliance Retail Ventures, has launched in South Africa and onboarded Surtee Group, Fynd, a Mumbai-headquartered  AI-powered unified commerce platform backed by Reliance Retail Ventures, has launched in South Africa and onboarded Surtee Group,

India’s Fynd launches in South Africa with luxury retailer Surtee Group

Fynd, a Mumbai-headquartered  AI-powered unified commerce platform backed by Reliance Retail Ventures, has launched in South Africa and onboarded Surtee Group, one of the country’s most prominent luxury fashion retailers with 94 boutiques, as its first strategic partner.

The launch comes as South Africa’s online retail market targets a new era of growth and maturity. E-commerce sales are projected to reach nearly $7 billion in 2025, representing approximately 10% of national retail sales. The figure shows that the region presents a fertile ground for tech-enabled retail growth and makes it a strategic entry point into the continent.

“South Africa is an exciting addition to our global footprint,” said Ronak Modi, Fynd’s Chief Business Officer. “The market is digitally ambitious, brand-forward, and ready for intelligent commerce infrastructure. Our goal is to help local retailers unify siloed systems, personalise engagement, and accelerate fulfilment without adding complexity.”

Through its partnership with Surtee Group, Fynd will deploy its unified commerce stack, including digital storefronts, order management systems, tools for managing clientele, and warehouse management systems, to connect online and offline operations. This will enable real-time inventory keeping, ship-from-store fulfilment services, faster order processing, and more personalised in-store customer engagement, which can improve margins for luxury brands.

The South African launch is the latest step in Fynd’s global expansion strategy. In September, the company launched its operations in Dubai and the Gulf Cooperation Council (GCC) region, establishing a regional headquarters in the Middle East. In November, it established operations in the UK through partnerships with Bridgehead and Incrementum, companies that help startups scale.

Fynd, which already supports 20,000 stores globally, provides an end-to-end commerce stack that unifies in-store, online, and logistics operations on a single platform, making the purchase journey easier for consumers.

“Consumers expect seamless, personalised experiences across every channel, and retailers need agile, intelligent infrastructure to keep up,” Modi added. “Our platform is built to unify disconnected systems, speed up fulfilment, and elevate customer engagement; all without adding operational complexity.”

Get The Best African Tech Newsletters In Your Inbox

Subscribe
Market Opportunity
Sleepless AI Logo
Sleepless AI Price(AI)
$0.03704
$0.03704$0.03704
-3.23%
USD
Sleepless AI (AI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/CAD rises above 1.3750 after rebounding from three-month lows

USD/CAD rises above 1.3750 after rebounding from three-month lows

The post USD/CAD rises above 1.3750 after rebounding from three-month lows appeared on BitcoinEthereumNews.com. USD/CAD rebounds from a three-month low of 1.3730
Share
BitcoinEthereumNews2025/12/17 11:25
Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Cryptocurrency asset manager Bitwise has released an optimistic forecast for 2026, painting a picture of comprehensive strength across digital assets. The firm predicts Bitcoin will reach new all-time highs, ETF demand will surge dramatically, crypto-related equities will outperform traditional markets, and institutional adoption will deepen across various market segments.
Share
MEXC NEWS2025/12/17 12:59
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10