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Pepperfry

Pepperfry elevates Ashish Shah as CEO after demise of Ambareesh Murty

The company has also secured $23 million to strengthen its ability to cater to the evolving needs of its over 10 million and increasing customer base

Pepperfry elevates Ashish Shah as CEO after demise of Ambareesh Murty
Updated On : 05 Sep 2023 | 4:36 PM IST

Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh

Ambareesh Murty, the co-founder and CEO of Pepperfry, died of a cardiac arrest in Leh, the online marketplace for furniture and home decor's another co-founder said. He was 51. "Extremely devastated to inform that my friend, mentor, brother, soulmate @AmbareeshMurty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and for strength to his family and near ones," Ashish Shah said in a post on X, formerly known as Twitter. Murty was a bike enthusiast and used to go on motorcycle trips from Mumbai to Leh. He had posted photos and videos from his trip to Ladakh on Instagram. He founded Pepperfry in 2011 after stints with Cadbury, ICICI AMC (now ICICI Prudential) and Levi's. Pepperfry, which counts Goldman Sachs, Fevicol-maker Pidilite Ventures and Bertelsmann India Investments among its investors, is worth USD 500 million. Tributes poured in with people posting their fond memories with Murty. "So sad & shocking to hear of Ambareesh Murty's sudden ..

Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh
Updated On : 08 Aug 2023 | 11:34 PM IST

Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh

Ambareesh Murty started Pepperfry with Ashish Shah in 2012, which has presence across 100 Indian cities

Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh
Updated On : 08 Aug 2023 | 12:46 PM IST

Pepperfry to join unicorn club soon, to launch IPO after booking profit

Online furniture company Pepperfry would be in the unicorn club by the time its initial public offer hits the market, a top official of the company said on Monday.

Pepperfry to join unicorn club soon, to launch IPO after booking profit
Updated On : 31 May 2021 | 10:07 PM IST

Pressing question before India's tech unicorns: Where to bring an IPO?

Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios

Pressing question before India's tech unicorns: Where to bring an IPO?
Updated On : 06 Apr 2021 | 10:40 PM IST

Pepperfry secures Rs 35 crore in fresh funding from InnoVen Capital

This is the third investment by InnoVen Capital in Pepperfry since 2017

Pepperfry secures Rs 35 crore in fresh funding from InnoVen Capital
Updated On : 12 Feb 2021 | 1:23 PM IST

Furniture retailers prepare for road ahead as Ikea expands India footprint

Players counting on omni-channel retail, affordable products

Furniture retailers prepare for road ahead as Ikea expands India footprint
Updated On : 19 Dec 2020 | 1:01 AM IST

Despite stiff competition, how Pepperfry plans to retain pole position

The online furniture firm says it will stick to four-pronged growth strategy

Despite stiff competition, how Pepperfry plans to retain pole position
Updated On : 19 Nov 2020 | 6:05 AM IST

Reliance Retail buys 96% stake in Urban Ladder for over Rs 182 crore

The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry

Reliance Retail buys 96% stake in Urban Ladder for over Rs 182 crore
Updated On : 16 Nov 2020 | 3:25 AM IST

Pidilite Industries: Investors advised to look at the stock on dips

Recovery in domestic growth and lower input costs should aid margin improvement

Pidilite Industries: Investors advised to look at the stock on dips
Updated On : 30 Oct 2020 | 10:21 PM IST

Biyani to stick on with home retailing, keep running it as independent biz

No plans to sell it despite competition from online players

Biyani to stick on with home retailing, keep running it as independent biz
Updated On : 04 Sep 2020 | 12:53 AM IST

Getting the ergonomics and aesthetics in your home office right as you WFH

With work from home becoming the new normal due to the global pandemic, people have begun investing in smart furniture options to set up their office desks in their living rooms

Getting the ergonomics and aesthetics in your home office right as you WFH
Updated On : 05 Jul 2020 | 8:01 PM IST

Govt wants 'origin of products' displayed, calls e-commerce firms for meet

This follows the Government e-Marketplace (GeM) platform making it mandatory for its listed sellers to specify the country of origin while registering all new products on the portal

Govt wants 'origin of products' displayed, calls e-commerce firms for meet
Updated On : 24 Jun 2020 | 12:29 PM IST

PepperFry loss widens to Rs 183 crore, now trails Urban Ladder

Loss-making company runs experience studios across 65 locations, covering 25 cities

PepperFry loss widens to Rs 183 crore, now trails Urban Ladder
Updated On : 30 Nov 2019 | 11:31 PM IST

Ikea vs Pepperfy: India is the venue for a David-Goliath furniture fight

One of the trickiest elements of the furniture business is offering the right combination of variety, quality and price

Ikea vs Pepperfy: India is the venue for a David-Goliath furniture fight
Updated On : 10 Aug 2019 | 9:51 AM IST

PepperFry to launch home services unit, roll out 30 spin-off stores

Company will start with polishing, cleaning furniture; roll out other home services later

PepperFry to launch home services unit, roll out 30 spin-off stores
Updated On : 10 Mar 2019 | 9:23 AM IST

Discounts cannot disrupt the furniture market: Ashish Shah of Pepperfry

Price comparison is difficult in an unorganised market like furnitures, Shah tells Shubhomoy Sikdar

Discounts cannot disrupt the furniture market: Ashish Shah of Pepperfry
Updated On : 13 Jan 2019 | 10:59 PM IST

Pepperfry losses fell by a third, revenues jumped 20% to Rs 3.08 bn in FY18

Company aims to drive higher average order value through offline stores

Pepperfry losses fell by a third, revenues jumped 20% to Rs 3.08 bn in FY18
Updated On : 10 Oct 2018 | 9:31 PM IST

Furniture retailer Pepperfry targeting revenue of Rs 65 bn by 2020

Pepperfry is targetting to expand its outlet network to 70 by March 2019, of which UP is likely to get another 3 stores

Furniture retailer Pepperfry targeting revenue of Rs 65 bn by 2020
Updated On : 11 Jul 2018 | 5:34 PM IST

Pepperfry rethinks user experience, increases range of low-priced goods

The online furniture brand increases its range of low-priced goods, positions itself as a home and decor solutions provider as it looks for buyer loyalty

Pepperfry rethinks user experience, increases range of low-priced goods
Updated On : 15 May 2018 | 11:35 PM IST