ANS Commerce’s Scale Increases Five-Fold in Last Two Fiscal Years

Image Credit: Entrackr
  • E-commerce services provider ANS Commerce was acquired by Flipkart at around Rs 250 crore last year.
  • ANS Commerce’s operating revenue grew from Rs 20 crore in FY20 to Rs 112 crore in FY22.
  • This five-fold growth in scale was a result of the company’s success in the last two fiscal years.
  • The acquisition by Flipkart was a result of this growth.