- Briefing Your roundup of Asian tech and startup news that matter
Deepti Sri · · 1 min readIndian furniture retailer Pepperfry bags $4.8m in debt funding from InnoVen Capital
Online furniture retailer Pepperfry has raised 350 million rupees (US$4.8 million) in debt funding, according to a statement by the company.
More funding details
- Returning investor: InnoVen Capital, which has already made two previous investments in the company
More company updates
- Funds raised from the financing round will be used to increase Pepperfry’s footprint across India and help the company in its path toward profitability.
- The company claims to have seen significant growth in the past few months with improved economics for its business.
- InnoVen Capital has backed over 180 startups, including Byju’s, Swiggy, Oyo Rooms, CureFit, Eruditus, and Dailyhunt, among others.
For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.
Editing by Collin Furtado and September Grace Mahino
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
