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Pepperfry expects Rs 500 cr revenue from Clouddio biz by 2021

Online home furnishing firm Pepperfry expects its mattress segment Clouddio to contribute to around Rs 500 crore in its over Rs 7,000 crore revenue target by the next fiscal, a top official said Thursday.According to a PTI report: The...

Pepperfry eyes US$ 1 billion GMV by 2021; to set up over 100 stores in 2019

Furniture and home products marketplace Pepperfry expects to pump in about US$ 12 million (over Rs 85 crore) this year as it sets up over 100 offline stores and strengthens its supply chain operations to reach more customers.According to...

Big box formats, tier II cities to drive retail real estate in 2019

The journey of shopping centres and malls in India is not very old. In fact, it is yet to even celebrate its silver anniversary. But then the market has matured at a rapid rate. It has seen its fair...

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...

Online to Offline: Pure play e-commerce firms go physical to woo consumers

While the Internet may have penetrated the heart of India, the hearts of Indians (and their trust) still lies with the physical retailer. In fact, a recent AT Kearney study states that 95 percent of all retail sales are...

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...

Online buying boosts ‘touch, feel’ business of home decor furnishings

Indians are becoming more conscious about the way their homes look and this has given new wings to the home decor segment on online platforms.Perhaps in response to the growing demand, Walmart announced this February the launch of redesigned...

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 enters mattress segment; introduces in-house brand Cluddio

Pepperfry.com, India’s No.1 furniture and home products marketplace, has forayed into the Rs 6,000 crore mattress in India with the launch of its new house brand Clouddio.Pepperfry has built a formidable portfolio of House Brands with nine brands covering...

Pepperfry targets to turn profitable with Rs 2,000 crore GMV

Pepperfry.com, the country's largest furniture and home products marketplace, hopes to turn profitable next year with a GMV of Rs 2,000 crore, as it plans an aggressive expansion in its offerings as well as in physical footprint.According to a...
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Snitch now introduces fresh designs every 25 days: Founder Siddharth Dungarwal

Siddharth Dungarwal, Founder of Snitch engages in a conversation with Rasul Bailay, Group Managing Editor of IMAGES Group, exploring...
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