Pepperfry Co-Founder Ambareesh Murty Dies Of Cardiac Arrest

Ashish Shah, another co-founder of the online furniture store, declared the news in a tweet

Ambareesh Murty.

Source : Twitter/ @AmbareeshMurty

Ambareesh Murty, the co-founder and CEO of the e-commerce furniture firm Pepperfry, died of cardiac arrest in Leh, on Monday night. Ashish Shah, another co-founder of the online furniture store, declared the news in a tweet. Murty was 51. He founded omnichannel furniture and home decor company Pepperfry in 2012 with Shah.

"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 for strength to his family and near ones," Shah wrote.

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 for strength to his family and near ones. 🙏

— Ashish Shah (@TweetShah) August 8, 2023

According to several news reports, tributes poured in for Ambareesh Murty on X. 

According to PTI, Murty was also an angel investor. He recently announced completing 12 years at Pepperfry on his LinkedIn post. He was an alumnus of IIM Calcutta, 1996 batch and completed his Bachelors in Engineering from the Delhi College of Engineering in 1994.

Murty called himself a closet sociopath on his X (formerly Twitter) profile, and professed a love for history reading epic fantasies. He had 27 years of general management experience in FMCG, financial services and internet industries.

Murty started his career with Cadbury in their sales and marketing division, moving onto short stints in ICICI Prudential, Britannia and Levi’s. According to his profile on Linkedin, Murty ran a financial training and business consulting firm, Origin Resources from 2003-05 in Bangalore before joining eBay as their Country Manager for India, Philippines and Malaysia where he stayed till 2011.

Pepperfry is an online marketplace that sells home furniture and other products. The Mumbai-based start-up raised its first round of capital in December 2011 from Norwest Venture Partners which cut a $5 million check.