Pepperfry heats up with $100m series D

Jul 28, 2015 • Thierry Heles

The lifestyle e-commerce company has secured series D funding in a round that included existing backers Bertelsmann and Norwest.

India-based online retailer Pepperfry has raised $100m in a series D round featuring media company Bertelsmann’s local investment vehicle Bertelsmann India Investments, the Wall Street Journal reported yesterday.

Investment bank Goldman Sachs led the round, which also included Norwest Venture Partners, the venture capital firm investing on behalf of financial services firm Wells Fargo, and VC fund Zodius Technology Fund.

Launched in 2012, Pepperfry operates an online store focused on furniture, home decor and pet supplies. The company employs carpenters…

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