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12 March 2018

Pepperfry goes to State Street for funding

State Street Corporation has invested $38.5m in Bertelsmann-backed e-commerce platform Pepperfry, taking its total funding to almost $200m.

Author: Robert Lavine, News Editor

Pepperfry, an India-based home furnishings product retailer backed by media group Bertelsmann, has received $38.5m in funding from investment manager State Street Corporation, Inc 42 has reported.