AAA September 2016 – Page 5

Bertelsmann spices up Pepperfry’s $32m series E

India-based lifestyle e-commerce company Pepperfry has attracted Rs2.1bn ($32m) from existing investors including Bertelsmann India Investments, the local corporate venturing subsidiary of media conglomerate Bertelsmann, the Economic Times reported yesterday. Norwest Venture Partners, the venture capital firm sponsored by financial services provider Wells Fargo, also returned for the round, as did investment bank Goldman Sachs… Continue reading Bertelsmann spices up Pepperfry’s $32m series E