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HomeNewsDeal Street
26 Feb 2020 1:13 PM GMT

S&R Associates represented Bertelsmann India Investments in USD 40 million funding in Pepperfry by Pidilite

By Legal Era | Law Firm S&R Associates

Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol, has led a $40 million funding round in online furniture retailer Pepperfry. Pidilite, which made the investment through its publicly listed unit, is the first strategic investor to come on board Pepperfry.S&R Associates represented Bertelsmann India Investments, an existing investor in the operator of Pepperfry,...

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S&R-Associates

Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol, has led a $40 million funding round in online furniture retailer Pepperfry. Pidilite, which made the investment through its publicly listed unit, is the first strategic investor to come on board Pepperfry.

S&R Associates represented Bertelsmann India Investments, an existing investor in the operator of Pepperfry, an Indian online marketplace for furniture and home accessories, in a USD 40 million financing round led by Pidilite Industries and also involving other existing investors Norwest Venture Partners, Goldman Sachs and State Street Global Advisors.

The S&R team included partner Rachael Israel and associates Kanika Khanna and Kinnari Sanghvi.

Click to know more about S&R Associates

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