Pepperfry CEO Ambareesh Murty no more: Remembering his entrepreneurial journey:-
Amberish Murty, the co-founder and CEO of Pepperfry, passed away due to a cardiac arrest. He was 51 years old. On Monday, August 7, he took his last breath in Leh. Ashish Shah, another co-founder and COO of Pepperfry, shared the news of Murty’s demise on Twitter, expressing deep sorrow. He wrote, ‘It is with great sadness that I share the news that my friend, mentor, brother, and dear @AmbereshMurty is no more. We lost him to a heart attack last night in Leh. Please pray for him and provide strength to his family and loved ones.’
Swati Bhargava, co-founder of CashKaro, also tweeted, ‘Hearing about the sudden demise of @AmbereshMurty due to cardiac arrest is extremely saddening and shocking. May his soul rest in peace. An exceptional entrepreneur and an inspiration to many… May his legacy live on with Pepperfry 🙏 #RIP.’
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Recently, he had announced the completion of 12 years at Pepperfry through his LinkedIn post. Amberish Murty was an alumnus of IIT Kharagpur from the batch of 1996 and completed his graduation in engineering from Delhi College of Engineering in 1994.
In 2012, Amberish founded a home decor company in Mumbai. Before Pepperfry, he was associated with eBay. After completing his graduation from IIM Calcutta in 1996, he joined Cadbury as a management trainee and was sent to Kerala as a regional sales manager. In 2001, after leaving Cadbury, he explored various fields, reflecting his diverse interests. He learned to launch mutual fund products in ICICI Prudential AMC. In 2003, he left his job to start his financial training venture, Origin Resources, in Bengaluru and spent six months with Levi Strauss India.
In his Twitter bio, Murty described himself as a hidden social pathfinder, having 27 years of experience in general management, FMCG, financial services, and internet industries.
Pepperfry, established in Mumbai in 2012, delivers in 500 cities and has three warehouses and over 60 experiential studios in 20 cities. According to data from Crunchbase, Pepperfry has raised approximately $245.3 million (about ₹1,770 crore) since its inception.