ANS Commerce eying Rs 500 cr GMV in next year; plans to onboard 50+ D2C brands

Mumbai, Sep 11 Anyone following the start-up ecosystem will be aware of the D2C wave that has swept through the country. Having picked up pace amidst the pandemic and the subsequent lockdowns, the D2C wave has led more and more businesses to jump on the bandwagon and it is here to stay as start-ups on the block are keen on leveraging it to drive business growth. Against this backdrop, ANS Commerce, a full-stack e-commerce enablement startup, riding the D2C wave, is aiming to reach Rs 500 crore GMV over the next year.

With reports suggesting an per cent increase in consumer demand for D2C brands/products, ANS Commerce plans to leverage this surge in demand to act as a catalyst for its business and revenue growth. Having nearly 30 D2C brands already on board its platform, ANS Commerce plans to onboard another 50+ brands over the next year, targeting approximately 30 per cent of its overall business revenue to stem from the D2C brands.

Commenting on this, Amit Monga, Co-founder of ANS Commerce said, "ANS Commerce is aiming to leverage this D2C boom to drive growth in business and revenue and scale up. We will be adding more D2C brands to our portfolio over the next year to achieve this."

Currently working with 100+ brands, ANS Commerce has a star-studded portfolio with eminent brands including Jack & Jones, Vero Moda, Portico, Piramal, CEAT, Bath & Body Works, Bikanervala, and ITC, amongst others.