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Flipkart shuts down ANS Commerce after acquisition

Mar 02, 2025•5 months ago

Acquiring Company

Flipkart

Acquired Company

ANS Commerce

IndiaGurugramRetailE Commerce

Description

Flipkart has decided to wind down ANS Commerce, a company it acquired three years ago for Rs 250-300 crore. Despite increased revenue, ANS Commerce suffered significant losses, leading to its closure. Flipkart aims to streamline its operations and focus on its core business in e-commerce. This significant move raises questions about Flipkart's future strategy.

Company Information

Company

Flipkart

Location

India

About

At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago. Flipkart’s latest funding, was led by Canada’s CPPIB, SoftBank Vision Fund, along with participation from existing backers like Singapore government’s sovereign wealth fund GIC, Qatar Investment Authority and Walmart, post which the company is has now been valued at over $37.6 billion.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed