Pepperfry.com Raises $5 Million from Norwest

By | 12 December 2011 | 17:16

Mumbai-based ecommerce startup Pepperfry has raised a $5 million Series A round of funding from Norwest Venture Partners, said a press release issued by the company. The stake acquired by Norwest has not been disclosed.

Founded by former eBay India country manager Ambareesh Murty, the site is expected to go live later this month. Murty quit eBay India in May this year and has since then built a team of 70 ecommerce and retail professionals, said the release. The site plans to offer more than 25,000 affordable lifestyle products across categories such as clothing, furniture, fashion jewellery and personal care by Christmas. It has set up ground sourcing and logistics operations in Delhi and Jodhpur.

What others are saying about the deal

3 Responses to “Pepperfry.com Raises $5 Million from Norwest”


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  1. Manthan Systems Raises $15 Million Series C From Norwest says:
    February 15, 2012 at 14:54

    [...] business intelligence and analytics solutions company Manthan Systems has raised $15 million from Norwest Venture Partners as part of its Series C round of funding. The company, whose solutions target the retail and [...]

  2. Pepperfry Off to a Crackling Start. Now Comes the Tough Part says:
    January 25, 2012 at 20:08

    [...] Ecommerce startup Pepperfry raises $5 million from Norwest [...]

  3. We're Building an India-Based Global Ecommerce Brand - Ambareesh Murty says:
    January 4, 2012 at 23:24

    [...] startup Pepperfry is now live. The eight month-old startup, which is based in Mumbai, raised $5 million in Series A funding last month. It hit the market yesterday with 25,000 products on offer across categories such as [...]

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