Indian furniture platform Pepperfry raises $4.8m debt from InnoVen Capital
Photo: Unsplash
February 14, 2021
Venture debt firm InnoVen Capital on Friday said it has invested Rs35 crore in debt in Mumbai-based online furniture marketplace Pepperfry, making it their third investment in the startup since 2017.
“We remain focused on expanding Pepperfry’s leadership position in the Indian furniture and home e-commerce. Our business has seen strong momentum through covid and we continue to make good progress towards achieving profitability and managing cash flows. These funds will be used to increase our footprint across the country and capitalise us even beyond achieving profitability,” said Neelesh Talathi, chief financial officer at Pepperfry.
Key Findings of the Report:
• The global Polymer-Modified Cementitious Mortars market forecast is studied from 2021 to 2027.
• The research study includes a thorough analysis of the current research and clinical developments in the market globally.
• The report presents a market definition along with the list of leading players and analyses their strategies to determine the competitive outlook of the market.
• The report also studies the drivers, restraints, opportunities, and challenges of the global Polymer-Modified Cementitious Mortars market.
• The study provides the historical and forecast revenue of the market segments and sub-segments with respect to five main geographies and their countries- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Adi Godrej conferred Lifetime Achievement Award by
Updated: Feb 3, 2021 7:28 PM
exchange4media hosted the 7th edition of Indian Marketing Awards (IMA) 2020, co-powered by Colors & Kalnirnay, on 3rd February 2021, acknowledging and rewarding brands for excellence in marketing.
The virtual awards ceremony was preceded by a panel discussion titled The Role of the CEO in Building Brands , featuring Rajesh Ramakrishnan, MD, Perfetti Van Melle India Pvt Ltd; Sarbvir Singh, CEO, Policybazaar.com; Kushal Agrawal, Co-Founder, XOXODAY; and Dr Annurag Batra, Chairman & Editor in Chief, BWBusinessworld & exchange4media Group (Session Chair) and a fireside chat with Bharat Puri, MD, Pidilite Industries Ltd and Nawal Ahuja, Co-Founder, exchange4media.
Strong rural demand attributed to a splendid quarter.
29 Jan, 2021 - 02:38 PM IST | By indiantelevision.com Team
NEW DELHI: Adhesives maker Pidilite Industries Ltd has reported exceptional performance in December quarter with a 28.99 per cent increase in consolidated net profit. Overall volumes improved by 19 per cent year-on-year in the quarter and its key consumer and bazaar business (C&B) grew by 22 per cent.
The consolidated net profit stood at Rs 446.43 crore, as compared to Rs 346.11 crore in the corresponding quarter last year. The consolidated revenue from operations was Rs 2299.02 crore.
The B2B segment as well has returned to double-digit growth due to resurgence in industrial and manufacturing activities along with the resumption of real estate and construction.
Equities were choppy today, swinging between losses and gains amid the release of FY21 Economic Survey. Sensex deepened losses in the last minutes of trade to end sub 46,500. The Nifty moved in the range of 13,966.85-13,596.75