Pepperfry's Ambareesh Murty passed away in Leh, his co-founder Ashish Shah tweeted on Tuesday. Murty was 51 years old
Reports suggest that Murty was an avid cyclist and rode his bike from Mumbai to Leh. Business Today was unable to confirm this independently
Ambareesh Murty started Pepperfry, an online furniture marketplace, with co-founder Ashish Shah in 2012
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Murty’s company was valued at $460 million as per Tracxn. The company is backed by Pidilite, General Electric, Goldman Sachs Investments, etc
Before starting Pepperfry, Murty worked at eBay and was the country manager for the Philippines, Malaysia, and India. Prior to that, he worked with Britannia
Murty had an entrepreneurial attempt before Pepperfry, called Origin Resources. It was an internet company helping create Indian mutual fund companies. It was shut down in 2005
Murty worked at several FMCG, retail, and financial companies throughout his career. These included Cadbury, Levi, ICICI AMC
As per his LinkedIn, Murty is an alumnus of Indian Institute of Management, Calcutta. Before which he attended Delhi College of Engineering
He also used to home-tutor students from classes XI and XII in physics and math. He later created a tutor's bureau.