<ul><li>Furniture retailer Pepperfry raises Rs 43.3 crore from existing investors including Norwest Venture Partners, Goldman Sachs, and others.</li><li>General Electric Pension Trust led the round with an investment of Rs 21.5 crore, followed by other investors like Norwest Venture Partners and Panthera Growth Partners.</li><li>The company issued around 5.6 lakh compulsorily convertible preference shares with a face value of Rs 775 each on a private placement basis.</li><li>Pepperfry had postponed its planned initial public offering (IPO) last year to focus on growth and profitability, and in FY24 reported a decline in operating revenue but reduced losses.</li></ul>

Furniture retailer Pepperfry raises Rs 43 crore from existing investors

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