Digital marketplace platform providing a wide range of home products across multiple categories
2011
Mumbai (India)
Series F
Pepperfry is one of India’s largest online marketplace platforms for furniture and home décor, renowned for transforming the country’s home and lifestyle shopping experience. Operates across India through a robust omnichannel strategy. The company serves customers in over 500 cities, combining digital convenience with offline experience through its extensive network of company-owned and franchise studios.
Furniture: Sofas, beds, wardrobes, dining tables, recliners and more
Home Decor: Wall art, lighting, rugs, kitchenware, storage solutions
Office Furniture: Desks, chairs, workstations
Private Labels: Exclusive brands like Woodsworth, Mintwud and CasaCraft
Home Interior Solutions: Modular kitchens, wardrobes and commercial fit-outs (via Brandmakerr acquisition).
Furniture Rentals: Flexible rental options for urban professionals and students
Omnichannel Experience: 43 company-owned and 142 franchise studios across India, allowing customers to experience products before purchase.
Asset-Light Marketplace: Aggregates 10,000+ sellers and 50,000+ products without heavy inventory investment.
Tech-Driven Innovation: Augmented reality (AR) features, robust logistics (PepCart) and a user-friendly app and website.
Quality & Trust: Rigorous seller onboarding, high-quality standards and reliable delivery
Marketplace Commissions: Core revenue comes from commissions (8–20%) on sales by third-party sellers and manufacturers listed on the platform.
Private Label Sales: In-house brands like Woodsworth and Mintwud offer higher margins and exclusive collections, driving repeat purchases and brand loyalty.
Furniture Rentals: Pepperfry rents out furniture to urban consumers, students, and professionals, generating recurring revenue and tapping into the sharing economy.
Home Interior Projects: Through its Brandmakerr acquisition, Pepperfry forays into B2B commercial fit-outs for retail, hospitality and corporate clients.
Studio Franchise Fees: Franchisees pay fees and share revenue for using the Pepperfry brand and platform in offline studios.
B2C: Urban and semi-urban homeowners, renters, students and professionals seeking quality furniture and home décor.
B2B: Businesses, hotels, restaurants and institutional clients for commercial interiors and bulk orders.
Omnichannel Expansion: Targeting 150 cities with new studios, blending online convenience with offline touchpoints for high-involvement purchases.
Product Innovation: Launching exclusive private labels, AR shopping tools and expanding into home interiors and commercial fit-outs.
Brand Partnerships: Collaborating with leading brands and D2C players to diversify offerings and attract new customer segments.
Technology Investment: Enhancing digital experience, logistics and last-mile delivery for seamless customer journeys.
Sustainability & Customer Experience: Investing in eco-friendly products and superior customer service to build loyalty and trust.
$305 Million
12
$5.1 Million, Equity
as of June 2, 2025
$367 Million
as of June 2, 2025
1.2
as of June 2, 2025
Norwest Venture Partners
and 3 more1198
iDecorwala
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
June 2, 2025 | Equity | $5.1 Million | $367 Million | - | - | General Electric Pension Fund, Norwest Venture Partners, Goldman Sachs, Panthera Growth Partners |
July 19, 2023 | Series F | $23 Million | $375 Million | $32.5 Million | 10.5x | Norwest Venture Partners, Pidilite Ventures, Ananta Capital, Panthera, Bujorjee Family, Mukesh Sharma Family Trust, Vedantam Family, Aarin Capital, Broad Street Investment, Erste Wv Gutersloh, Brandon Capital |
February 10, 2020 | Series F | $40 Million | - | $34 Million | - | Pidilite Ventures, Norwest Venture Partners, Vedantam Family, Bertelsmann India Investments |
March 7, 2018 | Series E | $38.5 Million | - | $21.8 Million | - | Bertelsmann India Investments, Norwest Venture Partners, Zodius |
September 21, 2016 | Series E | $31.3 Million | $280 Million | $17.5 Million | 13.9x | Norwest Venture Partners, Zodius, Bertelsmann India Investments |
July 27, 2015 | Series D | $100 Million | - | $7.8 Million | - | Zodius, Norwest Venture Partners, Bertelsmann India Investments |
May 27, 2014 | Series C | $16.2 Million | - | $1.7 Million | - | Bertelsmann India Investments, Norwest Venture Partners |
April 2, 2013 | Series B | $8 Milllion | - | - | - | Norwest Venture Partners |
December 12, 2011 | Series A | $5 Million | - | - | - | Norwest Venture Partners |