Is Pepperfry a loss?
Omnichannel furniture retailer Pepperfry trimmed losses by 33.34\% on a standalone basis for the financial year ending March 31, 2020. Pepperfry’s standalone losses stood at Rs 122.31 crore, down from Rs 183.48 crore in FY19. Total expenses reduced to Rs 382.93 crore from Rs 390.26 crore in FY19.
Is Urban Ladder shutting down?
Urban Ladder is now looking to cut costs as well and speed up delivery by shutting down 3 of its warehouses at its Bangalore headquarters. “Profitability will be a big focus area for us, especially over the next 12 month. We started the journey to become profitable some 15 months back.
Can we buy furniture from Pepperfry?
Here at Pepperfry, we are committed to offering our customers the widest range in home furniture like tables, sofas, chairs for living room as well as beds, sofa set, wardrobes, side tables, dressing tables for bedroom and crockery cabinets, chest of drawers for kitchen especially in solid wood and sheesham furniture …
How does Pepperfry cashback work?
Cashback at PepperFry is calculated on the total amount of the order, and the cashback will get credited to your Pepperfry Wallet. The cashback gets in the wallet within two working days of placing an order.
Is Urban Ladder profitable?
According to its RoC filings, Urban Ladder reported a net profit of INR 49.41 Cr in FY2019, a huge improvement from the INR 118 Cr loss it posted in the previous financial year. It also recorded total revenue of INR 434 Cr in FY2019, a whopping 187\% year-on-year jump compared to FY2018.
Is Pepperfry a Indian company?
Pepperfry is an Indian online marketplace for furniture and home décor. The company is headquartered in Mumbai, Maharashtra and operates as a subsidiary of Trendsutra Platform Services Private Limited.
Is Pepperfry an Indian company?
Is Urban Ladder acquired by Reliance?
Reliance Industries Ltd’s subsidiary Reliance Retail Ventures Ltd has purchased 96\% stake in online home decor company UrbanLadder for Rs 182.12 crore.
Is Pepperfry a Chinese company?
Which site is best for furniture?
Pepperfry. This website stocks curated pieces within a budget suiting all kinds of interior requirements.
What are Pepperfry credits?
Pepperfry Credits Terms and Conditions: The Pepperfry credits are only provided on Confirmed Orders. Pepperfry Credits can be redeemed on up to 20\% of the cart value. For example, if after application of coupon the cart value is ₹ 1000, no more than ₹ 200 worth of credits can be used on the cart.
Why did Urban Ladder fail?
The tradeoff of the big fast strategy would be that Urban Ladder was unable to meet the demands operationally. Customers started complaining of delayed delivery and damaged products. Furniture was a long term purchase with deep deliberation, and India was a challenging market to appease consumers.
Is Urban Ladder safe to buy from Pepperfry?
Urban ladder takes less than 10 percent advance. Peoperfry takes 100 percent advance. Generally any indian company which takes 100 percent advance disappears or fails to deliver proper seevices. Pepperfry does the same. So Its absolutely unsafe to buy from pepperfry! They take 100 percent advance then they deliver faulty n damaged products.
Is Urban Ladder a good brand?
Urban ladder on the other hand are really good quality wise, and do not compromise on quality or customer satisfaction, below tagged is a product I purchased from them from their sale and I’m immensely satisfied regarding the product quality. As other people have answered , pepperfry is a sham, their product quality is subpar.
Does Pepperfry make its own furniture?
Pepperfry does not make its own furniture but is just a middle-man platform for the various brands to be there for the buyers. While Urban Ladder and Wooden Street make their own furniture. The other two are focused mainly on furniture, interior and decor—masters of this niche.
How good is urbanladder for furniture delivery?
Recently bought a chair, a wall mounted table and a bed from UrbanLadder. Service was very good, they were accommodating to hold till all 3 came to their storage and delivered together. Also they were OK to deliver on Saturday as no one would have been at home otherwise.