Pepperfry, a home products marketplace, has raised $100 million in a fresh round of funding led by Goldman Sachs and Zodius technology Fund in what is said to be the largest quantum of investment raised by a sector-focused eCommerce player in India.
Existing investors Bertelsmann India Investments and Silicon Valley-based Norwest Venture Partners also participated.
“Our goal is to be the place where modern Indian families shop for their homes,” said Ambareesh Murty, founder and CEO, Pepperfry. “While we are on this mission, we will benefit tremendously from the global insight of GS and the business savvy of Zodius as they join the Pepperfry boards,” he added.
(Published 28 July 2015, 17:21 IST)
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