TCC Concept Limited, a technology-focused company, has announced a strategic move to bolster its presence in the e-commerce sector. The company has executed a term sheet to acquire up to 100% shares of Pepperfry Limited, a prominent online furniture and home goods marketplace.

Acquisition Details

The proposed transaction, as disclosed by TCC Concept in its regulatory filing, is subject to several conditions:

• Completion of satisfactory due diligence of Pepperfry Limited
• Execution of definitive agreements
• Fulfillment of other applicable conditions

Strategic Rationale

This acquisition aligns with TCC Concept's vision of building scalable and technology-enabled consumer platforms. The company aims to achieve several strategic objectives through this deal:

• Strengthen TCC's presence in the e-commerce and digital marketplace space
• Complement its core focus on technology-driven platforms
• Enhance customer experience by integrating Pepperfry's established marketplace with TCC's innovation and digital expertise
• Create operational synergies
• Unlock new growth opportunities in the furniture and home goods sector

Impact on TCC Concept

The acquisition of Pepperfry is expected to have a significant impact on TCC Concept's business model:

1. E-commerce Expansion: By acquiring Pepperfry, TCC Concept will gain immediate access to a well-established online marketplace for furniture and home goods.
2. Technological Synergies: The integration of Pepperfry's platform with TCC's technological capabilities could lead to improved user experiences and operational efficiencies.
3. Market Position: This move is likely to strengthen TCC Concept's position in the competitive e-commerce landscape, particularly in the home and living segment.

Looking Ahead

While the deal is still in its early stages, it represents a significant step for TCC Concept in its journey to expand its digital footprint. The successful completion of this acquisition could potentially reshape the company's business model and market positioning.

As the due diligence process unfolds and definitive agreements are finalized, stakeholders will be keenly watching how this strategic move unfolds and its potential impact on both TCC Concept and the broader e-commerce sector in India.

TCC Concept Limited made this announcement in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

TCC Concept Limited, a technology and innovation-driven company, has made a significant move in the cloud storage market with the launch of MyFlopy.com, a new cloud-based data storage application. The platform, which became available on September 12, 2025, is designed to cater to both individual and business users in the Indian market.

Key Features of MyFlopy.com

• India-Centric Approach: All data managed within India's borders, ensuring data sovereignty and compliance with domestic data protection standards.
• Free Storage: Offers up to 10 GB of free storage to every user.
• Platform Availability: Currently available on Android devices through the Google Play Store.
• Target Market: Focused on serving the domestic Indian market.

Strategic Positioning

MyFlopy.com is positioned as a cost-effective Indian alternative to global cloud storage services. This aligns with the Indian government's vision of 'Atmanirbhar Bharat' or self-reliant India. The platform aims to provide secure, reliable, and indigenous data storage solutions, setting new benchmarks for trust and technological excellence in the industry.

Management's Perspective

Umesh Sahay, Managing Director of TCC Concept Limited, emphasized the platform's role in empowering users with secure and reliable indigenous data storage solutions. He stated, "We believe MyFlopy.com will empower users with secure, reliable, and indigenous data storage solutions. By keeping all data within India, we are not only supporting the vision of a self-reliant India but also setting new benchmarks for trust and technological excellence in the industry."

Broader Technology Portfolio

MyFlopy.com is part of TCC Concept Limited's expanding technology portfolio, which includes:

1. Data Centre Solutions
2. Trythat.ai for the real estate sector
3. The newly launched MyFlopy.com storage platform

Market Impact and Future Outlook

With its user-friendly interface, robust security framework, and scalable solutions for enterprises, MyFlopy.com is poised to potentially disrupt the cloud storage market in India. As the second-largest mobile user community globally, India presents a significant opportunity for growth and adoption of this new platform.

The launch of MyFlopy.com underscores TCC Concept Limited's commitment to innovation, sustainability, and alignment with national priorities. As the company continues to expand its digital offerings, it aims to create long-term value for its stakeholders while contributing to India's technological self-reliance.

Investors and users alike will be watching closely to see how MyFlopy.com performs in the competitive cloud storage market and whether it can successfully capture a significant share of both individual and business users in India.