Pepperfry, a leading e-commerce platform for furniture and home decor, has elevated Madhusudan Bihani to the position of chief financial officer (CFO). The move is part of the company's strategy to strengthen its leadership team as it gears up for its next growth phase.
Madhusudan Bihani, a Chartered Accountant by profession, joined Pepperfry in 2019 as assistant vice president (AVP) of finance. He was elevated to vice president (VP) of finance in 2021. Over the years, he has played a crucial role in driving Pepperfry’s growth, financial discipline, operational efficiencies, and robust compliance frameworks. His efforts have been instrumental in improving profitability, streamlining financial operations, and supporting strategic initiatives.
Prior to joining Pepperfry, Bihani spent a decade with Kraft Heinz, a major player in the fast-moving consumer goods (FMCG) sector, where he demonstrated excellence in driving financial efficiencies and ensuring business compliance.
In his new role as CFO, Bihani will oversee corporate strategy, financial planning, fundraising, legal, and corporate affairs. Speaking about his promotion, Ashish Shah, co-founder and CEO of Pepperfry, said, “Madhusudan’s extensive experience and leadership will be critical in executing our future vision. His efforts have been instrumental in strengthening our financial foundation."
“I am excited about this new opportunity and look forward to contributing towards Pepperfry’s growth story. The company’s commitment to innovation and operational excellence aligns perfectly with my professional ethos. I am optimistic that working closely with Ashish and the leadership team will help strengthen Pepperfry’s financial health, operational strategies, and market leadership," Bihani added.
As CFO, Bihani is expected to lead initiatives that will accelerate Pepperfry’s financial operations, expand its market presence, and solidify its leadership in India’s growing online furniture and home decor industry.
