The co-founder of the online furniture store Pepperfry, Ambareesh Murty, died of a cardiac arrest in Leh on Monday. According to his friend and other co-founders of Pepperfry, Ashish Shah, in a social media post, wrote, “Extremely devastated to inform that my friend, mentor, brother, soulmate @AmbareeshMurty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and strength to his family and near ones.”
An IIM Calcutta alumnus, founded the home decor company in Mumbai in 2012.
Reacting to the shocking demise of the entrepreneur, Swati Bhargava, the cofounder of Cashkaro, tweeted, “So sad & shocking to hear of @AmbareeshMurty’s sudden demise due to cardiac arrest. May his soul rest in peace. An amazing entrepreneur & inspiration to many… may his legacy with @Pepperfry live on #RIP.”
Who is Ambareesh Murty?
The 51-year-old Ambareesh studied at the prestigious Indian Institutes of Management (IIM) Calcutta after which he joined several multinational companies. He commenced his first job with Cadbury– a British multinational confectionery company owned by Mondelez International since 2010 and the second largest confectionery brand in the world after Mars– in 2005.
According to media reports, he worked with the chocolate company for more than five years before moving to the financial sector. He worked as VP of marketing and customer service at ICICI AMC for nearly two years.
This is a developing story. More details will be added.
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