India, Feb. 28 -- 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 ...