[Funding alert] Pepperfry raises Rs 35 Cr debt capital led by InnoVen
The online furniture startup Pepperfry has raised Rs 35 crore in debt funding led by InnoVen Capital. The startup has seen significant growth in the past months with improved economics for the business. The startup had raised funding last February.
0 claps
Share on
The online furniture startup Pepperfry has raised Rs 35 crore in debt capital raised by the venture debt firm InnoVen Capital. The startup has seen significant growth in the past months, with improved economics for the business. The startup had raised funding last February.
Neelesh Talathi, CFO, Pepperfry said in the press statement, “We are pleased to deepen our partnership with InnoVen Capital. We remain focused on expanding Pepperfry’s leadership position in the Indian furniture and home ecommerce. Our business has seen strong momentum through Covid and we continue to make good progress towards achieving profitability and managing cash fl