The Series A round also saw participation of angel investors Kunal Shah, Mukesh Bansal, Rahul Mehta of DST Global and Scott Shleifer of Tiger Global, while Alteria Capital and InnoVen Capital have provided debt to the firm.
Read more about Pepperfry to join unicorn club soon, to launch IPO after booking profit on Business Standard. Online furniture company Pepperfry would be in the unicorn club by the time its initial public offer hits the market, a top official of the company said on Monday.
Pepperfry co-founder and COO Ashish Shah while sharing plans to expand offline studios told PTI that the company expects to turn profitable as soon the market opens