Ambareesh Murthy, co-founder of Pepperfry, passed away due to cardiac arrest in Leh, fellow co-founder Ashish Shah announced on Tuesday.
"Extremely devastated to inform that my friend, mentor, brother, soulmate Ambareesh Murty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and for strength to his family and near ones," wrote Ashish Shah, co-founder of the furniture and home décor company, in a post on social media platform X.
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Ambareesh Murthy and Ashish Shah started e-commerce marketplace for furniture and home goods Pepperfry in 2012. Pepperfry has a footprint in more than 100 cities in India.
Murthy had more than 14 years of comprehensive general management experience spanning across sectors like FMCG, financial services, and internet sectors. He played a pivotal role in shaping Pepperfry into one of India's premier ecommerce furniture and home goods companies.
Murthy had a specialisation in marketing, sales management, and corporate strategy, he leveraged his understanding of consumer behaviour and market dynamics to drive Pepperfry's growth and market dominance.
Ambareesh's illustrious career included key leadership roles such as Country Manager of eBay India, Philippines, and Malaysia, where his strategic acumen and customer-centric approach propelled eBay's growth trajectory. Additionally, he also held the position of Vice Chairman of the Internet & Mobile Association of India (IAMAI).
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He completed his graduation in engineering from Delhi College of Engineering and an MBA from the prestigious Indian Institute of Management, Calcutta, underscores his commitment to continuous learning and academic excellence.