TCC Concept Ltd. to Acquire 95.18% Stake in Pepperfry Limited for Rs. 659 Crores

TCC Concept Ltd. has approved the acquisition of 95.18% stake in Pepperfry Limited, a leading online furniture and home goods e-commerce marketplace in India. The acquisition, valued at Rs. 659 crores, is intended to strengthen TCC's presence in the e-commerce and digital marketplace space, complementing its core focus on technology-driven platforms. The acquisition is expected to be completed by December 15, 2025, through a share swap agreement where TCC will issue 1,18,19,109 equity shares for Pepperfry's equity shares.