Founded in 2011, Pepperfry connects consumers with over 10,000 furniture and home-decor products from brands such as Godrej, Springfit, and Spacewood. The company follows a marketplace model that combines e-commerce with a nationwide network of 200+ Pepperfry Studios spanning 100+ cities. After raising more than $275 million to date, Pepperfry’s post-money valuation is projected to drop 44 % to Rs 1,661 crore (~$185 million) following its latest share issue. Financially, operating revenue declined 14 % year-over-year to Rs 163 crore in FY25, though net losses narrowed 27 % to Rs 85 crore. The fresh capital will fund business expansion, support subsidiaries, cover working-capital needs, and general corporate purposes. Despite revenue pressure, management continues to expand its offline footprint and streamline costs to move toward profitability.

Total raised

$53M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2026