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Ambareesh Murty

Pepperfry FY18 losses narrow to Rs 169 crore

Furniture retailer Pepperfry Wednesday said it has narrowed its losses to Rs 169.26 crore for FY18 driven by higher efficiencies and reduction in overhead costs.TrendSutra Group of Companies, which operates under the Pepperfry brand, had posted losses of Rs...

Pepperfry to double offline studios by 2019, build India’s largest Omnichannel network

Pepperfry, the brainchild of Ambareesh Murty and Ashish Shah, is aiming to be the country’s largest Omnichannel furniture retailer. In 2014, the brand pioneered the Omnichannel home and furniture business by establishing its first Studio in Mumbai. Currently, with...

Pepperfry raises Rs 250 crore in a new round of funding

Pepperfry.com, furniture and home marketplace, has raised Rs 250 crore in a fresh round of funding from State Street Global Advisors, the asset management business of State Street Corporation, which is one of the world’s largest investment management companies...

Pepperfry expands leadership team

Pepperfry.com, furniture and home products marketplace has announced the appointment of Abhimanyu Lal as the Chief Product Officer (CPO).In this role, Lal will lead product development at Pepperfry as the company seeks to amplify the innovation roadmap to develop...

Pepperfry to open 46 studios by March 2018; aims to be India’s largest Omnichannel furniture retailer

Pepperfry, the brainchild of Ambareesh Murty and Ashish Shah, is aiming to be the country's largest Omnichannel furniture retailer by 2018. The furniture and home marketplace, which was set up around five years ago, today has a vision to...

Pepperfry raises Rs 210 crore in new round of funding

Pepperfry.com, India’s largest furniture and home marketplace, has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund. This is the largest investment...

Neelesh Talathi joins Pepperfry as Chief Financial Officer

Online Furniture and home products marketplace Pepperfry.com on Tuesday announced the appointment of Neelesh Talathi as Chief Financial Officer (CFO). Talathi will lead strategy, financial planning, accounting, legal and corporate affairs for Pepperfry.com. According to The Economic Times: Neelesh Talathi is...

Pepperfry.com Raises USD 15 mn from BII & NVP

Indian furniture and home products marketplace Pepperfry.com has raised USD 15 Million in a fresh round of funding led by Bertelsmann India Investments (BII), the investment arm of the international media company Bertelsmann in India. Pepperfry’s current investors, Silicon...

Online retailing emerging in India: eBay India

Online retailing in India has been seeing promising growth in India for quite some years from now.Speaking at the inaugural session of India Retail Forum ‘08 at The Renaissance, Mumbai, Ambareesh Murty, country manager, eBay India, said, “Because of...

Jaipur global trade hub for gems on eBay India

eBay India, one of India's leading online marketplaces, is focusing on Jaipur as a global trade hub. The city has become the largest sourcing hub for gemstones on eBay India.Disclosing this at a press conference, Ambareesh Murty, director, marketplace...
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FinTech major Intellect targets $30-35 million business with its new solutions by 2027

The new solutions launched are in the area of corporate procurement and accounts payable and are aimed at mid...
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