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Tributes pour in as Pepperfry co-founder Ambareesh Murty passes away
Updated On: 08 August, 2023 04:07 PM IST | Mumbai | mid-day online correspondent
Ambareesh Murty, the co-founder and CEO of Pepperfry, a prominent online furniture and home decor marketplace, has tragically passed away due to a cardiac arrest in Leh.
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Ambareesh Murty, the co-founder and CEO of Pepperfry, a prominent online furniture and home decor marketplace, has tragically passed away due to a cardiac arrest in Leh. He was 51 years old. Murty`s sudden demise was confirmed by his colleague and co-founder Ashish Shah. Murty`s contributions to the business world and his passion for motorcycling had earned him a respected position within the industry.
Having held positions at well-known companies such as Cadbury, ICICI AMC (now ICICI Prudential), and Levi`s, Ambareesh Murty co-founded Pepperfry in 2011. Under his leadership, the online platform, which offers a diverse range of furniture and home decor items, gained prominence and garnered investments from notable entities like Goldman Sachs, Pidilite Ventures, and Bertelsmann India Investments. Pepperfry`s valuation reached USD 500 million, showcasing Murty`s entrepreneurial prowess.
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