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News on Medial
Pepperfry CEO Ambareesh Murty passes away due to cardiac arrest in Leh
Twitter
·
2y ago
Medial
Ambareesh Murty, the Co-founder and CEO of Pepperfry, has sadly passed away due to a heart attack while in Leh. Ashish Shah, the company's Co-founder, expressed deep sorrow over the loss of his friend and mentor, urging prayers for strength for Murty's family and loved ones during this difficult time.
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I ride, therefore I am: Pepperfry's Murty in post a day before his death in Leh
YouTube
·
2y ago
Medial
Ambareesh Murty, one of the Co-founders of Pepperfry, had recently posted images and videos from his motorcycle journey shortly before passing away due to a heart attack in Leh. His final Instagram update, shared a day prior to his demise, carried the caption, "I bike, hence I exist." He humorously mentioned that he was denied entry into heaven as an angel after encountering motorcycle troubles.
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Pepperfry elevates cofounder Ashish Shah to CEO following demise of Ambareesh Murty
Economic Times
·
1y ago
Medial
Pepperfry, the furniture and home goods firm, has appointed co-founder Ashish Shah as its CEO following the passing of the previous CEO, Ambareesh Murty. Shah co-founded Pepperfry with Murty in 2012. Shah was previously the Chief Operating Officer at Pepperfry and had headed various aspects of the business. Pepperfry recently secured $23 million in funding from existing shareholders. The company's mission is to offer well-designed products to help customers create inspiring living spaces.
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Ambareesh Murty death: Investors, founders, friends express anguish
Economic Times
·
2y ago
Medial
The passing of Ambareesh Murty, Pepperfry Co-founder, has elicited sorrow and grief from investors, fellow founders, and friends. His demise marks a loss in the startup community. Ambareesh was praised for his significant contributions to the entrepreneurial landscape and the success of Pepperfry, leaving behind a legacy that deeply impacts those who knew him. Murty’s business partner and Pepperfry cofounder Ashish Shah said he has ‘lost a friend, mentor, brother, soulmate’ in Murty.
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Epigamia co-founder Rohan Mirchandani passes away
YourStory
·
7m ago
Medial
Rohan Mirchandani, Co-founder of Epigamia, a yoghurt brand, has passed away due to cardiac arrest. The daily operations of Epigamia will now be managed by Ankur Goel and Uday Thakker, with support from the board of directors. The company is determined to continue Rohan's dream and uphold his vision and values. Epigamia was founded in 2013 and has since become a renowned Greek yoghurt brand.
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Table Space co-founder Amit Banerji dies of cardiac arrest
VCCircle
·
7m ago
Medial
Amit Banerji, co-founder, chairman, and CEO of Table Space, a managed workspace provider, passed away at 44 due to a cardiac arrest. Based in Bengaluru, Banerji co-launched Table Space in 2017 after a 13-year tenure at Accenture. Under his leadership, Table Space was targeting a $2.5 billion IPO by 2025. The company has raised $330 million to date and reported significant revenue growth. Banerji's death marks another significant loss among startup founders.
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Yogurt brand Epigamia's co-founder Rohan Mirchandani passes away at 42 due to cardiac arrest
Business Today
·
7m ago
Medial
Rohan Mirchandani, co-founder of Epigamia, passed away at 42 due to cardiac arrest on December 21, 2024. A graduate of NYU Stern and Wharton, he founded Drums Food International in 2013, transforming it from Hoki Poki ice cream to Epigamia, a leading Greek yogurt brand in India with over 20,000 retail points. Epigamia’s leadership, led by Ankur Goel and Uday Thakker, will continue managing the company with support from its board and investors. Known for his innovative spirit, Mirchandani aimed to scale revenues to ₹250 crore by FY25 and expand to the Middle East. His passing follows other recent losses in India’s startup ecosystem, leaving a legacy as a visionary leader in FMCG innovation.
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Ecom Express founder T A Krishnan passes away
Economic Times
·
1y ago
Medial
T.A. Krishnan, co-founder of Ecom Express, an e-commerce-focused delivery startup, has passed away. Krishnan co-founded the company in 2012 and played various leadership roles, including CEO and COO. He stepped back from daily operations due to illness and passed away, leaving a significant mark on India's logistics and e-commerce industry. All four co-founders have stepped down from CXO roles, with Ajay Chitkara taking over as the new CEO. Ecom Express serves over 27,000 pin codes in India.
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Rohan Mirchandani’s Net Worth: Check details of Epigamia Co-founders’ holdings | Company Business News
Livemint
·
7m ago
Medial
Rohan Mirchandani, co-founder of Epigamia, passed away after suffering a cardiac arrest. He founded Drums Food International, the parent company of the healthy snacks brand, in 2013. Epigamia is the third-largest operator in the health snacks segment, with a market share of 6%. Mirchandani had a 4.68% stake in the company. Epigamia offers a range of healthy snacks and convenience food products, including yoghurt, milkshakes, almond drinks, smoothies, cheese, and flavoured yoghurts. The brand is known for its preservative-free and plant-based offerings.
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Sahara Group founder Subrata Roy dies after prolonged illness
Livemint
·
1y ago
Medial
Sahara Group founder, Subrata Roy, passed away at the age of 75 due to cardiorespiratory arrest in Mumbai. He was the Managing Worker and Chairman of Sahara India Pariwar. Roy had been undergoing treatment at Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute. His death was a result of complications arising from metastatic malignancy, hypertension, and diabetes.
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Pepperfry to ramp up frachise-led expansion, says CEO Ashish Shah
Livemint
·
1y ago
Medial
Pepperfry, the online-offline furniture retailer, plans to focus on franchise partners in smaller cities to control costs and achieve profitability. The company, which operates over 180 stores, is also reassessing its plans for an IPO due to uncertain markets. CEO Ashish Shah stated that customer demand has improved recently, prompting hopes for a recovery. Pepperfry aims to open 50 new franchise-operated stores in non-metros over the next nine months. Currently, both online and offline channels contribute equally to sales, but the company expects offline sales to increase with the expansion of its store network.
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