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Pepperfry co-founder gets candid about its IPO plans, says profitability is right around the corner

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.

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