India Digest: Pepperfry raises funding, names new CEO; Motilal Oswal Alternates invests in VVDN Tech

India Digest: Pepperfry raises funding, names new CEO; Motilal Oswal Alternates invests in VVDN Tech

Photo: Ramesh Pathania/Mint

E-commerce furniture and home goods marketplace Pepperfry, has elevated its co-founder Ashish Shah to the position of Chief Executive Officer (CEO) and raised fresh funding of $23 million, while Motilal Oswal Group’s alternative investment unit Motilal Oswal Alternates has invested in India-based engineering firm VVDN Technologies.

Edited by: Pramod Mathew