Business

8 months ago

Pepperfry Co-founder Ambareesh Murthy Dies Aged 42

Ambareesh Murthy (symbolic picture)
Ambareesh Murthy (symbolic picture)

 

IIE Digital Desk : Ambareesh Murthy, co-founder of online furniture retailer Pepperfry, died of cardiac arrest in Leh on Sunday. He was 42. Murthy was on a trekking expedition in Leh when he suffered a cardiac arrest. He was rushed to a hospital but could not be revived.

Murthy co-founded Pepperfry in 2006 with his brother Ashish and Ankur Warikoo. The company became one of India's leading online furniture retailers. Murthy was a graduate of the Indian Institute of Technology, Bombay and the Wharton School of the University of Pennsylvania. He was also a recipient of the Young Entrepreneur Award from the National Entrepreneurship Network.

Murthy's death is a huge loss to the Indian startup ecosystem. He was a visionary entrepreneur who helped to shape the e-commerce industry in India. In a statement, Pepperfry said, "We are deeply saddened by the untimely demise of our co-founder and friend, Ambareesh Murthy. Ambareesh was a pioneer in the e-commerce industry and his vision and passion helped to build Pepperfry into the leading online furniture retailer in India. He will be deeply missed by all of us at Pepperfry and by the entire startup community."


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