Ambareesh Murty, Pepperfry co-founder dies of heart attack today

The co-founder of Pepperfry, an online marketplace for furniture and home decor, Ambareesh Murty took his last breath today (August 08), the company’s second co-founder Ashish Shah announced his post on X. Shah said has said that ‘friend, mentor, brother’ died due to cardiac arrest in Leh and that he is ‘extremely devastated.’ Pepperfry co-founded […]

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The co-founder of Pepperfry, an online marketplace for furniture and home decor, Ambareesh Murty took his last breath today (August 08), the company’s second co-founder Ashish Shah announced his post on X. Shah said has said that ‘friend, mentor, brother’ died due to cardiac arrest in Leh and that he is ‘extremely devastated.’

Pepperfry co-founded Ambaressh Murty passes away

Murty was a bike enthusiast and used to go on motorcycle trips from Mumbai to Leh. He founded Pepperfry in 2011 and was its Chief Executive Officer (CEO).

Announcing this saddening news on X, Shah penned a heartfelt note, “Extremely devastated to inform that my friend, mentor, brother, soulmate @AmbareeshMurty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and strength to his family and near ones.”

Knowns, netizens pay tribute

Since the post was up, several tributes were poured in with people their fond memories of Pepperfry’s co-founder, Murty.

One of his known, Kalpesh Teli said, “Very sad my second boss and what a mentor he was… I messaged him two days back and he was okay. Got him added to PruICICI group where a reunion is getting planned.”

“Extremely Sad!! May God give strength to his family and friends,” said another.

As Murty was very fond of biking, he usually shared videos of his biking tour on his social media.

About Ambareesh Murty

Taking notes from his career, CrunchBase said that he was on the Board of Adonia Hospitality. He completed his MBA from IIM (Indian Institute of Management) Calcutta in 1996.

His entrepreneurship began during graduation when he started giving tuition at home by setting up a small business called Tutors’ Bureau that connected tutors with school students. He ran the venture for two years in the early 1990s.

Pepperfry is worth h $500 million, with a $244 million investment over eight funding rounds, as of 2020. Among its investors are Goldman Sachs, and Bertelsmann India Investments.