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PEPPERFRY STRENGTHENS ITS FOOTPRINT IN KERALA ; LAUNCHES FIRST STUDIO PEPPERFRY STORE IN TRIVANDRUM

India’s No.1 Furniture and Home products marketplace, strengthened its offline presence further in South India by
launching Studio Pepperfry in Thiruvananthapuram, Kerala.

In the past three years, Pepperfry has established the largest omni-channel
business in the furniture and home segment in the country. It has rapidly expanded its Studio footprint across the country by opening
40 studios (owned and franchise) in 23 cities with a key focus on South India which is Pepperfry’s biggest market. Today, there are
13 Pepperfry Studios in South India across Bengaluru, Chennai, Hyderabad, Kochi, Mysore and Trivandrum.

Pepperfry launched its first Studio in Kochi 2 years back and with the opening of the second Studio Pepperfry is further consolidating
its presence in Kerala. The new franchise studio has been established in partnership with Geosam Furnishings. The Studio is 2450
sq. ft. and is located at a prime location Sree Lekshmi, Ulloor Road, Near FCI, Kesavadasapuram. Pepperfry’s consumers residing
in Trivandrum can now experience the variety of finishes, cutting-edge designs and quality of products that are available for purchase
on Pepperfry. Additionally, interior design experts at the Studio offer free in-store design consultancy to help furnish their homes
as per their requirements and aspirations.

Pepperfry launched its first Studio in 2014 and over the years has fortified its omnichannel expansion. The launch in Trivandrum is
in-line with Pepperfry’s vision to establish the largest omnichannel home and furniture business in the country. Over the years
Pepperfry Studios have strengthened customer engagement and contribute more than 25% to the overall business. To fuel this
growth Pepperfry pioneered a unique franchise model which also promotes and encourages new-age entrepreneurs in the country.
This unique business model is a profitable proposition for interested partners with high potential for scaling up as it does not require
the partner to hold product inventory, and is based on 100% price parity.

It offers a lucrative commission structure where the
franchise owners can benefit by earning commission on each online transaction made at the franchise studio. With Pepperfry
managing the customer experience end-to-end, from delivery to assembly, the franchise Studio ensures standardization and stays
true to Pepperfry’s ethos of providing consumers a seamless customer experience.

South India is a key market for Pepperfry – the region is a major contributor to the overall Pepperfry furniture business. The Pepperfry
Studio network has expanded across four states namely Karnataka, Tamil Nadu, Telangana and Kerala with plans to open Studios
in other key states. Consumers in South India are highly evolved online buyers and Pepperfry is focused on penetrating further in
the region through owned and franchise Studios. Through the launch of this Studio, Pepperfry is committed to provide a superior
experience to consumers in the city through the Studio.


Mihir Kulkarni, Vice-President and Head Omni-channel expansion, Pepperfry said, “We are elated to introduce our omni-channel
model to the city of Trivandrum in partnership with a reputed company like Geosam Furnishings. South India is an important market
for Pepperfry with a significant contribution to the overall business of the company and we further intend to strengthen our presence
in the region through owned and franchise Studios. Our first Studio in Kerala located at Kochi has been doing very well and we are
confident that Kerala could prove to be one of the strong markets for us in the South of India. Through our Studio in the city, we
aim to provide easy access to our customers in Trivandrum and experience our differentiated product catalogue and superior quality
products to build homes which reflect their personality and style.”
Samuel George, Director, Geosam Furnishings said, “We are happy to partner with India’s leading home and furniture marketplace.
Pepperfry has pioneered a truly differentiated omnichannel business and we are looking forward to participate in their journey to
create the largest omnichannel home and furniture business.”
ABOUT PEPPERFRY.COM
Pepperfry is India’s leading Furniture and Home products marketplace, offering customers an unparalleled selection of amazingly priced Home
products and a consistently great shopping experience. The Pepperfry managed marketplace helps thousands of entrepreneurs and merchants sell
to millions of discerning customers across India and the world.

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