Pepperfry has raised ₹43.3 crore from existing investors including GE Pension Trust, Norwest Venture Partners, and Panthera Growth. The funds were secured through a CCPS private placement, reinforcing investor confidence in the furniture startup’s growth.

Since the capital markets regulation allowed REITs to employ commercial papers in 2022, K Raheja Corp's Mindspace Business Parks REIT is India's first to do so.