TCC Concept Ltd Acquires 98.75% Stake in Pepperfry Ltd, Strengthening E-Commerce Presence

TCC Concept Ltd has completed the acquisition of 98.75% stake in Pepperfry Ltd, a leading online furniture and home goods e-commerce marketplace. The acquisition, completed in two phases, was made for a cost of Rs. 65,21,02,098.32. Pepperfry, founded in 2012, has a robust supply chain, 150+ studios across 100+ cities, and a strong online presence. The acquisition will enhance TCC's customer experience, create operational synergies, and unlock new growth opportunities, aligning with its vision of building scalable and technology-enabled consumer platforms. TCC has received all requisite approvals for the acquisition.