Tech
TCC Concept To Acquire Pepperfry
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SUMMARY
BSE-listed TCC Concept signed a term sheet to acquire up to 100% stake in D2C soonicorn Pepperfry ‘
TCC said that Pepperfry’s acquisition would help it strengthen its presence in the ecommerce and digital marketplace space
Pepperfry has been dealing with losses for years, reporting a loss of INR 117.5 Cr on an operating revenue of INR 188.9 Cr in FY24
BSE-listed TCC Concept has signed a term sheet to acquire up to 100% stake in D2C soonicorn Pepperfry
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“The…
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