India is a $180-billion automobile market, including vehicles and services. Of this, only $1 billion is online.
Pepperfry co-founder and CEO Ambareesh Murty passed away in Leh due to cardiac arrest, company co-founder and COO Ashish Shah said on Tuesday. Murty, 51 years, was also an angel investor. He recently announced completing 12 years at Pepperfry on his LinkedIn post.
Traders were up in arms, fearing huge job loss if Walmart was to enter.