<ul><li>Pepperfry, a D2C furniture startup, is set to raise a funding of INR 43.3 Cr from existing investors General Electric, Norwest Venture Partners, and Goldman Sachs.</li><li>The fundraise is likely a part of a larger ongoing round as per the MCA filing.</li><li>The company passed a special resolution to approve the issue of 5,59,463 Series 12A Compulsorily Convertible Preference Shares (CCPS) at an issue price of INR 775 per share.</li><li>Pepperfry, which offers a wide range of furniture and home products, has raised over $305 Mn in total funding till date and narrowed its net loss by 37.4% in FY24.</li></ul>

Pepperfry To Raise INR 43 Cr From Existing Investors

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