Retail in Asia

In Trends

Indian online furniture retailer Pepperfry eyes profits in two years

Indian online furniture and home products marketplace Pepperfry is eyeing a positive bottom line in the next 18-24 months.

This announcement comes days after online fashion retailer Myntra said it would turn profitable by the end of 2016.

Ambareesh Murty, Pepperfry’s chief executive officer and founder, said over the next two years transaction volumes would be large enough for the company to reach the breakeven point.