Occasionally, amid the relentless announcements of X company raises Y million dollars, there will be one that flies under the radar but shouldn’t.
A month ago, online furniture seller Pepperfry raised $40 million in a Series F funding round. The ups and downs of India’s furniture and home decor startups—as they realized that selling beds and sofas online is not quite the same as selling smartphones and books—make for an interesting story in and of itself. But what stood out about Pepperfry’s fundraise, decidedly modest by the standards of tech startups today, is that the lead investor was not your …
Pranav is a co-founder at The Morning Context and used to lead the edit team here. He has previously worked as a writer and editor at The Ken and Mint, where he worked on business news from tech to banking to deals. At The Morning Context, he helps manage editorial operations, edits and commissions long-form stories, and writes at the intersections of technology, business and finance.
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