The investment into Pepperfry comes a month after the Fevicol maker co-invested $30 Mn in online interior design company Home Lane.
Back in 2018, Pepperfry raised close to $38.5 Mn from State Street Global Advisors, which is the asset management business of State Street Corporation.
Goldman Sachs also led a $100 Mn funding round in Pepperfry in 2015.
In the second half of 2019, Pepperfry opened 25 new Pepperfry Studios.
“We have been trying to blur the line between offline and online through our omnichannel strategy by opening Pepperfry studios. | To read full story, visit https://startuparound.com/read/1581311013.4458308/Pepperfry-Bags-$40-Mn-Funding-From-Fevicol-Maker-Pidilite?ref=audio_experience