Flipkart Shuts ANS Commerce 3 Years After Its Acquisition Tezzbuzz  |  01/03/2025 00:24:07
SUMMARY

Flipkart acquired the D2C-focussed SaaS platform in 2022 to strengthen its ecommerce playbook

The Walmart-owned company said it plans to minimise the impact on the SaaS company’s employees by offering internal opportunities to them, coupled with outplacement services and severance packages

Founded in 2017 by Amit Monga, Nakul Singh, Sushant Puri, and Vibhor Sahare, ANS Commerce helped businesses set up digital storefronts, integrate with marketplaces including Flipkart and Amazon, manage marketplace and e-commerce warehousing & fulfillment

Flipkart has decided to shut its full-stack ecommerce enabler ANS Commerce, three years after its acquisition.

The Bengaluru-based ecommerce giant acquired the D2C-focussed SaaS platform in 2022 to strengthen its ecommerce playbook.

The development was first reported by Entrackr. The publication said that Flipkart has laid off “several employees, associated with ANS Commerce.

Flipkart confirmed in a statement that it has decided to shut ANS Commerce. “After careful consideration, ANS Commerce, a full-stack e-commerce enabler that was acquired by Flipkart in 2022, has decided to close its operations. As we wind down operations, we stay committed to ensuring a smooth transition for all stakeholders, including employees and customers,” a Flipkart spokesperson said.

Flipkart said it plans to minimise the impact on the SaaS company’s employees by offering internal opportunities to them, coupled with outplacement services and severance packages.

Founded in 2017 by Amit Monga, Nakul Singh, Sushant Puri, and Vibhor Sahare, ANS Commerce helped businesses set up digital storefronts, integrate with marketplaces including Flipkart and Amazon, manage marketplace and e-commerce warehousing & fulfillment.

(The story will be updated soon)

Read more
Madhya Pradesh: No Issue In Helmet-Linked Petrol Ban In Indore, Says High Court
Newspoint
Carers reaching state pension age told full benefit might stop
Newspoint
Son of Sardaar 2 Box Office Collection Day 4: Ajay Devgn and Mrunal Thakur starrer earns Rs 2.50 Crore on first Monday; film inches closer to Rs 30 crore mark
Newspoint
Chhoriyan Chali Gaon: Anita Hassanandani ends up crying on the first night in the village due to this reason
Newspoint
Suneel Darshan recalls first meeting with Priyanka Chopra for 'Barsaat'; says 'Yeh kaunsi heroine ki tarah hogi?'"
Newspoint
Exclusive - Maddam Sir fame Yukti Kapoor on her fitness and diet routine; says 'I eat two proper meals, one at 12 noon and another around 7 in the evening'
Newspoint
Bigg Boss 13 fame Shehnaaz Gill gets hospitalised; Karan Veer Mehra visits her and shares a health update
Newspoint
'Kingdom' box office collection day 5: Vijay Deverakonda's spy action film sees a dip; collects Rs 43.15 crore domestically
Newspoint
The reason for acidity is not just food, the lack of these vitamins is also responsible
Tezzbuzz
Raksha Bandhan 2025: Best decoration ideas for celebration in office, school and home
Tezzbuzz