While the acquisition amount remains undisclosed as of now, ANS Commerce aims to leverage the synergy between the two companies and work towards a larger goal.
In a major development, full-stack e-commerce enablement startup ANS Commerce has acquired Asterro, a software development firm focused on building B2B Cloud ERP products across multiple platforms – web and mobile. While the acquisition amount remains undisclosed as of now, ANS Commerce aims to leverage the synergy between the two companies and work towards a larger goal.
Having demonstrated strong tech and product fundamentals, Asterro is the brainchild of Ruchir Pahuja. Ruchir managed end-to-end product development while building and leading an agile team of 25+ full-time employees across functions such as Engineering, Product, Design, QA, Content, Sales, Marketing, and HR. Ruchir and his team will be joining the Product and Technology team of ANS Commerce, and Ruchir will be appointed as the Product Manager for Kartify, ANS Commerce’s proprietary, enterprise-ready, feature-rich, tech-enabled brand store platform.
ANS Commerce and Asterro share the same core values and are focused on delivering tech-enabled solutions to their brand partners. Both believe in the fact that they grow when their partner brands grow. E-commerce was one of the key industries Asterro focussed on, making the acquisition the perfect move-in working towards a larger, long-term goal. Founded in 2012, Asterro has worked closely on developing solutions for startups and SMEs across industries such as Banking, Logistics, E-commerce, Healthcare, Ed-tech, Manufacturing, etc.
Commenting on the acquisition, Vibhor Sahare, Co-Founder and CEO of ANS Commerce said, “We are delighted to onboard the Asterro team. Ruchir and his team bring a unique blend of business and product knowledge which is required to take Kartify to its next phase of growth and adoption. This will help us as we continue to innovate across multiple channels and work towards achieving our vision of making e-commerce easy in India.”
“After gaining good traction on Kartify, we were looking to further strengthen our product and tech team and that’s how Asterro came into the picture. We acquired Asterro because of their ability to offer high-quality tech solutions”, added Sushant Puri, Co-Founder of ANS Commerce.
Speaking about his new role, Ruchir Pahuja, Founder and CEO of Asterro shared, “He is thrilled to be a part of full-stack e-commerce company. He looks forward to identifying and bridging potential gaps in the e-commerce industry to deliver the best tech experience for partner brands and its consumers.”
Started in 2017, ANS Commerce offers multiple tech-enabled offerings to brands including performance marketing, warehousing and fulfillment, marketplace management, and brandstore tech. The platform works with 100+ distinguished brands including Jack & Jones, Bath & Body Works, CEAT, Piramal, Bikanervala, Vero Moda, Portico, and ITC, amongst others.
ANS Commerce is India’s #1 full-stack enabler helping brands sell online. Started in 2017, offering brandstore tech, performance marketing, marketplace management, and warehousing & fulfillment.
ANS Commerce is currently working with 100+ established & challenger brands across segments helping them sell on their brand stores along with 15+marketplaces. ANS Commerce counts Nivea, Jack & Jones, Vero Moda, Portico, Piramal, CEAT, Bath & Body Works, Bikanervala, and ITC amongst its brand partners.
Helping brands acquire consumers, power brandstore, and jumpstart marketplace operations in no time. With ANS, brands can offer fast & reliable order fulfillment to marketplace & brandstore consumers. Extensive experience across product, e-commerce, retail, and marketing helps the brand achieve higher sales and stronger brand differentiation.
Source: Business World
