Talking to ETRetail, Ashish Shah, co-founder and CEO, Pepperfry said, “If I compare September, my overall burn is 50 per cent less than that of last year. My path going ahead is to turn profitable very soon.” He also highlighted that the furniture etailer has almost halved its costs and significantly improved its margins.
Pepperfry raises $23M from existing investors; elevates Ashish Shah as CEO
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Startup news and updates: daily roundup (June 1, 2021)
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Pepperfry co-founder gets candid about its IPO plans, says profitability is right around the corner
Sanchita DashApr 5, 2021, 11:14 IST
Ashish Shah , Co-founder and COO, PepperfryPepperfry
Ashish Shah, co-founder and COO of Pepperfry, in an interview with Business Insider shares that the startup turned its business around in 2020 and is now close to profitability.
Shah shared that in 12-16 months the initial public offering (IPO) dream will become a reality.
Pepperfry is also currently hiring for their technology and product management teams.Indian online furniture marketplace Pepperfry saw its business, like many other businesses across the world, come to a complete halt in March 2020. A year later, Ashish Shah, co-founder and chief operating officer at Pepperfry in an interview with Business Insider shared that the startup has turned its business around and is now close to profitability, while a market listing is on the cards.
Best of Weekender: From actor Anand Tiwari, composer Shantanu Moitra to Pepperfry Co-founder
In the second week of February, YS Weekender brought to you, stories of art, cinema,
entrepreneurship, dating during the pandemic, and baking.
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Happy Valentine s Day, readers!
A report by social networking and dating app Bumble revealed that one in three (38 percent) single Indians hope to see themselves in a committed relationship this year. Ahead of Valentine s Day, the survey suggests that one in five (22 percent) single Indians hope to get married in 2021.
While still talking about love,
YS Weekender got in a conversation with the same-sex couple and Spotify podcast hosts Yogi and Kabeer to get a glimpse of what it means to be a homosexual in India.