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Business EconomyPosted at: May 17 2018 7:06PM


Peperfry launches studio in Goa

Panaji, May 17 (UNI) Pepperfry, furniture and home products market place, on Thursday announced the launch of its 29th Studio in Goa.
Pepperfry launched the franchise studio in partnership with Kunal Retails headed by Sonu Chatwal. Kunal Retails is known for customized furniture and providing complete home solutions.
Addressing a press conference, Ashish Shah, Founder and COO Pepperfry said, “After the successful launch of our Franchise Studios in Bengaluru and Indore, we are delighted to launch another partner Studio in Goa in association with Kunal Retails. They have been associated with us as merchants for the past 6 years. We are looking forward to extending our collaboration with Kunal Retails and aim to boost micro-entrepreneurship in India by providing an opportunity to experienced entrepreneurs to develop a highly profitable franchise business. I am certain that this association will amplify our Omni-channel position as well as strengthen our engagement with our discerning customers in the state.”
He said, ''We have the largest number of Studios in the home and furniture segment across major metros and cities and are geared to spread our network across other Tier I cities. Our new partners are well-versed with the furniture segment and therefore, I am certain that this collaboration will only fuel our omni-channel growth further.''
Sonu Chatwal, CEO-Kunal Retails said, “We are excited about strengthening our partnership with Pepperfry that has emerged as a market leader in just a couple of years since it began its operations. As its name is synonymous with the furniture and home products business, collaborating with them is an opportunity that we look forward to and support Pepperfry’s vision of being in 20 million homes by 2020. We look forward to opening more Franchise Studios through an association with them, in the next few months.”
In the last three years Pepperfry has established the largest Omni channel business in the furniture and home segment in the country and now with a key focus on Metro and Tier 1 cities, it would further penetrate its Studio presence, Mr Shah said.
Pepperfry expanded the Studio networkby establishing 29 Studios (owned and franchise) across 16 cities with plans to set-up 70 Studios across key markets by April 2019, Mr Shah added.
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