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Pepperfry Raises $31 Million From Investors Including Goldman

Bertelsmann India Investments, Norwest Venture Partners and Zodius Technology Fund are the other investors who contributed in the funding round

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Pepperfry, an Indian online furniture marketplace, said on Wednesday it had raised Rs 2.1 billion ($31.3 million) from existing investors including Goldman Sachs Group Inc in a new round of funding.

Bertelsmann India Investments, Norwest Venture Partners and Zodius Technology Fund are the other investors who contributed in the funding round, Pepperfry said in a statement.

The company will use the funds to expand its logistics and services network, it said.

(Reuters)


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