Pepperfry.com, a leading furniture and home marketplace, has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs,Bertelsmann India Investments (BII), and Zodius Technology Fund. Excluding this round of funding, the company has raised around $160 million till now in five rounds. The company said its valuation has doubled in the last one year.
“This is the largest investment raised by a vertical-focused, pure-play ecommerce company in India this year,” said the company.
The funds will be used to scale Pepperfry’s logistics and service network and to expand the PepperfryStudios’ (experience centres) footprint.