Ambareesh Murty

Ambareesh Vedantam Murty ( – 7 August 2023) was an Indian entrepreneur and business executive. He was the co-founder and CEO of the e-commerce furniture and home goods company Pepperfry, which he co-founded with Ashish Shah in 2012. Before founding Pepperfry, Murty was a country manager at eBay for India.

Biography Ambareesh Murty held a B.E. from the Delhi College of Engineering and an MBA from the Indian Institute of Management, Calcutta. Murty's entrepreneurship began before entering IIM when he home-tutored students of Class XI and XII in Physics and Math. He set up a small business called Tutors' Bureau that connected talented tutors with school students. He ran the venture for two years in the early 1990s.

In 2003, he left Levi Strauss' Bengaluru office to start Origin Resource, a financial training venture for asset management. However, he returned to corporate life in 2005 joining Britannia as a marketing manager. During his tenure with eBay, he also served as the vice chairman of the Internet and Mobile Association of India (IAMAI). Murty left eBay in 2011.

Murty founded Pepperfry along with Ashish Shah in 2012 in Mumbai. Headquartered in Mumbai, Maharashtra, Pepperfry is worth $500 million, with a $244 million investment over eight funding rounds, as of 2020. Among its investors are Goldman Sachs, and Bertelsmann India Investments.