Ambareesh Murty Biography: Ambareesh Murthy was an accomplished businessman, so the news of his passing was devastating. Co-founder and Chief Executive Officer of Pepperfry. His business was founded in 2012. At the time, Pepperfry was India’s first online furniture retailer. When his business associate Ashish Shah tweeted the news, it was made public.
Ambareesh Murty Biography
| Name: | Ambareesh Murty |
| Net Worth: | $100 million |
| Profession: | Businessman |
| Company: | Pepperfry |
| Full Real Name: | Ambareesh Vedantam Murty |
| Date of Birth: | Between 1970 and 1971 |
| Nationality: | Indian |
Age of Ambareesh Murty
Ambreesh Murthy has 51 years of age. In middle age, he passed away. We therefore say that life is highly unpredictable. Ambareesh earned his bachelor’s degree in Civil Engineering from Delhi College of Engineering (1990-1994) and his MBA from IIM-Calcutta (1994-1996).
Family
His family has always supported him throughout his academic and professional endeavours. Family serves an essential role in an individual’s life. In his career, life, and other aspects of his existence, he has always had their backs. His family must be courageous upon his untimely death.
Ambareesh Murty Early Life
Ambareesh Murty’s personal information is scarce on the Internet. There is increasing information about his business and entrepreneurial journey. He was born in 1970 or 1971 and passed away on August 7, 2023.
Prior to establishing his company, Pepperfry Ambareesh served as eBay India, Philippines, and Malaysia’s Country Manager and Director of Marketplace Development & User Experience. Prior to that, he worked as the Marketing Manager for Britannia Industries. Therefore, he had a very successful corporate career and experience.
Career
Murthy began his career in Sales and Marketing at Cadbury. In 2001, he conceptualised and launched one of India’s most successful product launches, Cadbury ‘Temptations’. He has also managed new product development and the gifting segment during his time at Cadbury. Cadbury was followed by a position as vice president of marketing and customer service at Prudential ICICI AMC (now ICICI Prudential).
Additionally, he worked for Levi’s as Brand Manager. Murthy was responsible for the Levi’s brand’s product development, marketing, and retail strategies. Prior to establishing Pepperfry in 2011, Murthy had a prosperous career at multiple enterprises. He served as the Country Manager for eBay India, and he has also held executive positions with other well-known corporations.
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Ambareesh Murty Net Worth
Before his passing, the Indian business magnate Ambareesh Murty amassed an impressive fortune. He amassed an estimated net worth of $100 million, which is approximately 800 billion rupees.
He amassed his wealth as an entrepreneur and business executive in the e-commerce industry.
Murty co-founded the online marketplace for furniture and home décor Pepperfry in 2011.
As of 2020, the company is worth $500 million after receiving $244 million in eight funding phases.
Goldman Sachs and Bertelsmann India Investments are its investors.
Ambareesh Murty Death
Ambareesh Murty died of cardiac arrest at the age of 51, his business partner confirmed.
The Indian entrepreneur who passed away during a motorbike voyage from Mumbai to Leh has been showered with tributes.
