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Ambareesh Murty, Pepperfry CEO, Passes Away

Farewell to a Visionary Leader: Ambareesh Murty’s Demise Leaves a Void in Business World

New Delhi,09 August(City Times): Ambareesh Murty, the visionary Co-founder and CEO of Pepperfry, passed away at the age of 51 due to a sudden cardiac arrest in Leh. His pioneering contributions to the online furniture and home goods industry, along with his strategic acumen in leadership roles at renowned brands, have left an enduring mark on the business world.

A Heartfelt Farewell:

The business community is shaken by the sudden demise of Ambareesh Murty, a close friend, mentor, and driving force behind Pepperfry’s success. Co-founder Ashish Shah’s poignant message reflects the profound impact Murty had on those around him.

A Trailblazing Entrepreneur:

Ambareesh Murty’s legacy as a pioneering entrepreneur shines bright. With his partner Ashish Shah, he revolutionized the online furniture and home goods industry through Pepperfry’s establishment in 2012.

From Tutors’ Bureau to Pepperfry:

Ambareesh Murty’s entrepreneurial journey began during his college days when he founded Tutors’ Bureau, connecting students with tutors. This early venture laid the foundation for his future achievements, including his instrumental role in building Pepperfry.

A Visionary Leader with a Global Impact

Ambareesh Murty’s impact extended far beyond Pepperfry. His strategic prowess, demonstrated during his time at eBay and other renowned brands, played a crucial role in shaping the growth and customer experiences of these enterprises.

A Visionary Leader Remembered Across Industries

The untimely passing of Ambareesh Murty has left a void across industries, where his achievements and influence continue to inspire and resonate. His journey from humble beginnings to co-founding a multimillion-dollar venture leaves an indelible mark on the business world.

Early Entrepreneurship Journey and Education
Ambareesh Murty’s entrepreneurial journey began during his college years when he provided home tutoring to Class XI and XII students in Physics and Math. This experience led him to establish Tutors’ Bureau, a venture that connected skilled tutors with school students. Murty held a B.E. degree from the Delhi College of Engineering and an MBA from the Indian Institute of Management, Calcutta, further enriching his educational foundation.

Diverse Corporate Career and Leadership
Murty’s corporate career commenced as a management trainee with Cadbury India in 1996. He swiftly advanced within the marketing division and later held influential positions, including brand manager at Cadbury and brand leader at Levi Strauss India. His expertise extended to the financial sector as VP (Marketing) at ICICI Prudential AMC.

Founding Pepperfry: Revolutionizing E-commerce
In collaboration with Ashish Shah, Murty co-founded Pepperfry in 2012, a groundbreaking e-commerce venture offering furniture and home goods. The platform quickly gained prominence and is valued at $500 million, backed by substantial investments from entities like Goldman Sachs and Bertelsmann India Investments. Pepperfry’s success stands as a testament to Murty’s visionary leadership.

A Legacy of Innovation and Growth
Ambareesh Murty’s contributions extended beyond Pepperfry. His tenure as country manager at eBay, India, Philippines, and Malaysia showcased his strategic prowess and influence in the digital space. His entrepreneurial spirit, diverse expertise, and dedication have left an enduring impact on the business community, inspiring future generations of entrepreneurs.

A Remarkable Journey of Leadership and Innovation

Ambareesh Murty’s professional trajectory was marked by a series of strategic decisions that propelled him to the forefront of the business world. From his early days at Cadbury India, where he honed his marketing acumen, to his role as a brand leader at Levi Strauss India, Murty showcased his ability to navigate diverse industries with finesse. His foray into the world of e-commerce was transformative, culminating in the establishment of Pepperfry, which redefined online shopping for furniture and home goods.

Championing E-commerce and Collaborative Success

During his tenure at eBay, Ambareesh Murty played a pivotal role in shaping the landscape of e-commerce in India. As the country manager for eBay in India, the Philippines, and Malaysia, he not only facilitated cross-border trade but also contributed to the growth of the digital economy. His leadership extended beyond individual ventures, as he also served as the vice chairman of the Internet and Mobile Association of India (IAMAI), further highlighting his commitment to the broader industry’s advancement.

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