Ambareesh Murty, co-founder of the online furniture retailer Pepperfry, died of a cardiac arrest in Leh on the evening of Monday, August 7.
Ashish Shah, the other co-founder of Pepperfry, in a tweet on Tuesday morning said, “Extremely devastatd 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.”
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
Murty entered the business world 27 years ago when he joined Cadbury as a professional in sales and marketing. He was employed by the confectionery manufacturer for approximately five and a half years.
He then entered the financial sector, where he served as vice president of marketing and customer service for nearly two years at ICICI AMC (now ICICI Prudential).
After only five months at Levi’s, he launched his own business, Origin Resources, which specialized in assisting mutual fund companies in India. However, the venture was shut down in 2005, and he then joined Britannia as a marketing manager.
Seven months later, he accepted the position of country manager for India, Malaysia, and the Philippines at eBay India. In June 2011, six years later, Murty and Shah launched their own business, Pepperfry.
In 2012, Ambareesh, a graduate of IIM Calcutta, founded the home decor company in Mumbai. Prior to founding Pepperfry, he was affiliated with eBay.