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Norwest heats up Pepperfry

May 1, 2013 • Katherine Steiner-Dicks

Venture capital firm Norwest Venture Partners (NVP) India, which invests on behalf of bank Wells Fargo, has re-invested $8m in a second round of funding for Pepperfry.com, an online lifestyle store run by India-based Trendsutra Platform Services.

The company raised $5m from Norwest Venture Partners in December 2011.

The money raised will be used to increase the number of lifestyle products being sold on the website and for setting up more fulfilment centres in Kolkata, Bangalore and Chennai.

Niren Shah,…

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