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PEPPERFRY IPO
Realty services company TCC Concept to acquire PepperfryFounded in 2012, Pepperfry competes with ecommerce majors such as Amazon and Flipkart, as well as Reliance-backed Urban Ladder. The company...- IIT placements gain steam; SoftBank's Vision Fund layoffsRecruiters flock to IITs as placement season kicks off. This and more in today's ETtech Top 5.
- Furniture retailer Pepperfry raises Rs 43 crore from existing investorsPepperfry has secured Rs 43.3 crore in funding from existing investors like Norwest Venture Partners and Goldman Sachs. This infusion follo...
- Pepperfry's revenue drops 31% in FY24; losses narrow by 37%The furniture and home goods company’s total expenses fell to Rs 326.7 crore from Rs 474 crore in FY23. Advertising and promotional costs n...
- Kotak pegs 2025 IPO pipeline at USD 35 bnKotak Mahindra Capital Company (KMCC) on Friday pegged the overall initial public offer (IPO) market pipeline at USD 35 billion for 2025. T...
- Uptick in IT hiring; ex-bureaucrat turns VCHappy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.
- Pepperfry puts IPO plans on hold, to focus on growth revivalPepperfry, an omnichannel furniture retailer, has pushed its public listing plans, as the company aims to bring growth and profitability in...
- SoftBank logs $3 billion loss, Vision Fund back in the black; Pepperfry founder Ambareesh Murty passes awayJapanese investment giant SoftBank’s Vision Fund unit is back into profits for the first time in six quarters as its technology bets paid o...
- Pepperfry to file draft IPO papers next quarter; FY22 revenue surpasses pre-covid levelsPepperfry has appointed investment banks JP Morgan and ICICI Bank to lead the IPO effort.
- Govt raises incentive for chip makers; Foxconn chief to meet PM Modi in NovNine months after the government announced an incentive scheme to encourage semiconductor and display manufacturers to build plants in Indi...
- Wipro sacks 300 for moonlighting; Pepperfry eyes 2023 IPOOn August 22, Wipro’s executive chairman Rishad Premji kicked off the ongoing controversy over moonlighting – taking up more than one job a...
- Pepperfry rejigs structure for IPOThe partners are also shaping the company’s board composition, roping in independent directors, to meet local capital market laws. Rules re...
- Furniture etailer Pepperfry rejigs structure, aims to raise $300 million from IPOPepperfry seeks to raise as much as $300 million via sale of new stock as well as a secondary offering of shares.
- Pepperfry eyes $250-300 million IPO filing this year: CEO Ambareesh MurtyPepperfry, which reported a 10% drop in revenue in FY21 due to the Covid-19 pandemic, has seen good recovery in sales and is expected to cl...
- Exclusive: Thrasio’s $500M India bet; Pepperfry assembling IPOThrasio, which pioneered the house of brands model of ecommerce, plans to invest $500 million in India, and that’s just for starters. Peppe...
- Pepperfry to become unicorn before IPO hits market, co-founder saysPepperfry is very close to becoming a profitable unicorn, following which it would launch an IPO in the next 12-18 months, co-founder and C...
- Pepperfry expects to join unicorn club soon, to launch IPO after booking profitPepperfry customers can experience the products at the studios and order them online.
- Existing investors plan $100-m pep pill for PepperfryLikely fund infusion from Goldman, Norwest & Bertelsmann to help co step up offline play.
- Pepperfry raises Rs 250 crore from US-based State Street Global AdvisorsWith this Pepperfry has raised over Rs 1200 crore (about $197 mn) since inception, 6 years ago, making it the most funded startup in the fu...
- Etailers to focus on physical stores as they prepare to get IPO-readyCompanies such as Pepperfry, Myntra, and FirstCry are investing heavily in setting up physical stores to fuel their next phase of growth.
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