Is Pepperfry a Chinese company?

Is Pepperfry a Chinese company?

Pepperfry is an Indian online marketplace for furniture and home décor. The company is headquartered in Mumbai, Maharashtra.

Who funded Pepperfry?

Founded in January 2012 by Ambareesh Murty and Ashish Shah, pepperfry has to date raised around $245.3 Mn funding from investors such as Norwest Venture Partners, Bertelsmann, Goldman Sachs, State Street Global Advisors.

Does Pepperfry take old furniture?

1 Furniture and Home marketplace has launched a Furniture Exchange service for Pepperfry customers across select cities through an alliance with Zefo, an online marketplace for pre- owned goods. Through this service, customers can exchange their old furniture within 48 hours of placing a request on Pepperfry.com.

Which online shopping is best for furniture?

51 Best Online Furniture Stores to Bookmark Now

  1. West Elm.
  2. Burrow.
  3. Anthropologie. Photo: Courtesy of Anthropologie.
  4. Serena & Lily.
  5. Lulu and Georgia.
  6. Maiden Home.
  7. Bed Bath & Beyond.
  8. Pottery Barn.
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Why is Pepperfry named Pepperfry?

Pepperfry, a home products and furniture portal chose the name to reflect the company’s business attitude. “We wanted to be Indian, fun and honest,’ said Ambareesh Murty, founder of the year-old company that has received Rs 70 crore in venture funding from Norwest Venture Partners.

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How much is Pepperfry worth?

Now, Pepperfry is one of India’s leading online furniture retailing firms. The company is now reportedly valued at over $300 million (Rs2,1315 crore) and has raised over $200 million from investors such as Norwest Venture Partners (NVP), Goldman Sachs, and Bertelsmann India Investments.

Is Pepperfry a unicorn?

According to a Mint report, Pepperfry is planning to file for an initial public offering (IPO) in the first half of 2022 and is likely to raise a pre-public round in the range of $50 to $100 million by the end of this year. Shah also claimed that the company will turn unicorn ahead of its IPO.

How many Pepperfry stores are there in India?

At present, Pepperfry has 60 experiential centres in 20 cities across the country, out of which 18 are owned and operated by franchisees.

Which wood is good for furniture?

One of the types of high-quality wood used for making furniture is teak wood as it is durable and highly fire-resistant. Other types of wood include rosewood, deodar, oak and mahogany.

How long does Pepperfry take to deliver?

By focusing on developing in-house big-box logistics, Pepperfry has been able to bring down the delivery time from 25 days to almost 11 days now. In Mumbai, it can be done within 24 hours. The delivery vehicles are highly customised, and are padded from inside to prevent scratching.

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Is exchange available on Pepperfry?

Customers can exchange their old furniture within 48 hours of placing a request on Pepperfry.com. Through the partnership, customers can sell their old furniture on Quikr in exchange for Pepperfry gift cards.

Which brand furniture is best?

The Best Furniture Brands To Buy Online

  • Best Value: Novogratz.
  • Best for Home Theaters: BDI Furniture.
  • Best Office Furniture: Artifox.
  • Best Luxury Furniture: Modloft.
  • Best Bedroom Furniture: Thuma.
  • Best Customizable Furniture: BenchMade Modern.
  • Best Inventory: Frontgate.
  • Best for Large Spaces: Vaughan-Bassett.

Which site is best for furniture in India?

Want to buy signature furniture pieces? Try the top ten Indian websites

  • Pepperfry. This website stocks curated pieces within a budget suiting all kinds of interior requirements. …
  • Wooden Street. …
  • Urban Ladder. …
  • Fabfurnish.com. …
  • Rise Only. …
  • Flipkart. …
  • Snapdeal. …
  • Homeshop 18.

Which furniture is best quality in India?

List of the Top 10 Furniture Companies in India

  • Godrej Interior.
  • Durian.
  • Usha.
  • Pepperfry.
  • Wipro.
  • Ikea.
  • Solimo.

Who owns Pepperfry?

Pepperfry’s Ambareesh Murty: 50% of business comes from our house brands. Mumbai: Ambareesh Murty and Ashish Shah, co-founders and respectively chief executive officer and chief operating officer of Pepperfry (Trendsutra Platform Services Pvt.

How does Pepperfry work?

Once a product is sold, it is brought from the sellers to Pepperfry’s warehouse, where the quality of the product is checked, and the product is packed and dispatched to the customer. Currently, Pepperfry is working with 10,000+ merchant partners who sell their products all over India.

Is Pepperfry a public company?

Ahead of its upcoming IPO, online furniture marketplace Pepperfry has converted into a public entity. As per the regulatory filings, Pepperfry’s board has passed a resolution to convert the Mumbai-based online furniture startup into a public company.

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