<p>New Delhi: E-commerce major <a href="https://www.deccanherald.com/tags/flipkart">Flipkart </a>has shut down its arm ANS Commerce and laid off its entire workforce, according to a source.</p>.<p>Founded in 2017, the firm was providing all support including marketing tools, warehousing, etc to entities that wanted to sell their product online.</p>.<p>It was acquired by Flipkart in 2022.</p>.Dunzo lays off 75% of employees, restricts workforce to 50: Report.<p>When contacted, Flipkart confirmed the development.</p>.<p>"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.</p>.<p>"To minimize the impact on employees during this transition, we plan to offer internal opportunities at Flipkart, outplacement services, and severance packages," Flipkart said.</p>.<p>The number of employees impacted by the closure could not be ascertained. ANS Commerce had 600 employees at the end of FY2022.</p>
<p>New Delhi: E-commerce major <a href="https://www.deccanherald.com/tags/flipkart">Flipkart </a>has shut down its arm ANS Commerce and laid off its entire workforce, according to a source.</p>.<p>Founded in 2017, the firm was providing all support including marketing tools, warehousing, etc to entities that wanted to sell their product online.</p>.<p>It was acquired by Flipkart in 2022.</p>.Dunzo lays off 75% of employees, restricts workforce to 50: Report.<p>When contacted, Flipkart confirmed the development.</p>.<p>"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.</p>.<p>"To minimize the impact on employees during this transition, we plan to offer internal opportunities at Flipkart, outplacement services, and severance packages," Flipkart said.</p>.<p>The number of employees impacted by the closure could not be ascertained. ANS Commerce had 600 employees at the end of FY2022.</p>