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$197.8M $18.7M
1 $103.5M $15M
2 $72.6M $9M
3 $107.2M $14.5M
4 $7.1M $6M
5 -- $31.7M
Marketplace Model- Pepperfry.com follows a
managed marketplace model. In this model, the
orders are dispatch directly from the vendor to the
customer.
Online store- The sites provide the platform for a
large no. of sellers to showcase their products. It
works in close association with more then 1000
merchant partner.
Product- it gives an offering of 45000 products
from over 200+ brands.
In October 2014 Pepperfry tied-up with
Satchi&Satchi - release its first television
commercial with “Happy Furniture to You” as its
unique brand proposition.
On December 18, 2014 Pepperfry launched its first
offline store Studio Pepperfry in Mumbai. The
company launched another Studio in Bengaluru is
May 2015. The brand has plans to open 20 such
offline stores in top cities like Delhi and Chennai.
The company has tied-up with HomeStop to
launch the first Shop-in-Shop concept store in the
category called “Pepperfry Live”.
Pepperfry has engaged its customers with its deals
and discounts. With over 5 lacs Facebook fans and
5000 followers, Pepperfry has become leader in
home shopping marketplace.
In April 2013, Pepperfry launched its mobile site
that can be surfed on any web browser or mobile
device and in June 2015 company launched app for
Android and iOS users .
Pepperfry.com raised $5 million in Series A round of
funding from Norwest Venture Partners in November
2011 before its actual launch.
Again in April 2013, it raised fresh funds worth $8
million from Norwest Venture Partners in the second
round.
In MAY 2014, the company raised $15 million in the
third round of funding led by Bertelsmann India
Investments.
In july 2015 $100 million (around Rs.600 crore) in a
Series D funding round led by Goldman Sachs Group
Incorporated.
In September 2016 $30 million in a Series E funding
round led by Goldman Sachs Group Incorporated.
In March 2018 $31.5 million in a series F funding round
led by STATE STREET GLOBAL ADVISORS.
Pepperfry gained the “2012 Red Herring Asia Top 100”
award which honors the most promising private
technology ventures from Asia.
The company also won the “Pure-Play e-Retailer of the
Year” at the Indian e-Retail Congress 2014 that
recognizes outstanding performance and innovation
in retail.
Pepperfry won the Gold award at the Neons for Best
Creative under the category of Retail Advertising for its
Outdoor campaign – ‘Happy Furniture to You’.
Pepperfry.com has tied-up with
classified digital platform Quikr, to
bolster its Furniture Exchange
program.
Pepperfry has partnered with
HomeStop, a premium home
concept store chain from the
Shoppers Stop group, to showcase
and sell its furniture in a shop-in-
shop format spanning 800 sq ft in
15 HomeStop stores across India.
APRIL Pepperfry targets gross
03, 2019 merchandise value of $1
billion by 2021