May 22, 2013

Pepperfry raises $8million from Norwest Venture Partners in Series B

Pepperfry-Funding

Online lifestyle marketplace Pepperfry.com has raised $8mn from Norwest Venture Partners in Series B as per Livemint. The company had also raised $5mn from NVP in Dec 2011. Unlike the market shift towards apparels, pepperfry has removed the complete catalogue of apparels changing focus from fashion & lifestyle marketplace to only Home & Lifestyle category. In February this year it has also appointed Kashyap Vadapalli (ex-eBay) as its CMO. Fresh funds infused in pepperfry are expected … [Read more...]

Exclusive: Multi branded etail store pepperfry.com opens for transactions, claims to ship products to 220 countries

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Ambareesh Murty led pepperfry.com; an online retailer based out of Mumbai unveiled its beta version, now consumers can buy the product showcased on its website. Pepperfry is a multi-branded online store and at present it offers around 25,000 products featuring furniture, home decor, accessories (men & women) apparel (men & women), Perfumes and cosmetic, precious jewellery, fashion jewellery and diamond and gems as categories on its home page. The venture has already raised $ 5 million in … [Read more...]

Pepperfry.com Raises US$ 5 Million Series ‘A’ Funding from Norwest Venture Partners

Pepperfry

Yet to be launched peeperfry.com led by erstwhile eBay India’s country manager Ambreesh Murty has raised $ 5 million in series ‘A’ funding from Norwest Venture Partners India (NVP India). In an exclusive interaction with iamwire Ambreesh Murty Said that Niren Shah, MD, Norwest Venture Partners India, would join the board of pepperfry, however he declined to give any further detail on the same . According to company statement Pepperfry will offer a range of 25,000+ pocket happy lifestyle … [Read more...]

Ambareesh Murty led ecommerce venture pepperfry.com goes live

Pepperfry

With aim to change way of buying lifestyle product first in the country and then worldwide, online shopping site Pepperfry.com, founded by former-eBay India Country Manager, Ambareesh Murty and one of his former colleagues at eBay, Ashish Shah, has gone live for shoppers. “We are still testing the website.  It is completely safe however you will currently not be able to purchase any product as we have not gone live for transactions. In the mean time you can definitely feel free to check our … [Read more...]