Last updated: Dec 5, 2024
- Brand NameWakefit
- HeadquarterBengaluru
- No. of Employees816
- Industry
E-commerce
- Founded Year 2016
- Company StatusActive
- Highlights
- Total Funding₹811.30 Cr
- Funding Rounds5
- FY 2023-24 Revenue₹1017.33 Cr
- FY 2023-24 Loss-₹15.05 Cr
About Wakefit
Wakefit is an innovative home solutions company founded in 2016. Wakefit offers orthopedic memory foam mattresses, mattress protectors, bed sheets, cushions, etc. Being a modern brand of furniture in India, Wakefit creates ergonomic designs that offer optimal muscular and postural support, thus reducing aches and pains while maximizing your comfort and relaxation.
Business Model of Wakefit
Wakefit is direct-to-consumer sleep and home solutions brand that manufactures and sells mattresses, pillows, accessories, and furniture. It also sells several home improvement products via its own online portal, retail stores, and other marketplaces.
Key People/Management
Show allAG
Ankit GargCo-Founder & CEO
CR
Chaitanya Ramalingegowda Co-Founder
SC
Sakshi ChopraDirector
AA
Arjun AnandDirector
AG
Ankit GargDirector
CR
Chaitanya RamalingegowdaDirector
Top Competitors
TS
The Sleep CompanyU24304MH2019PTC333446
SL
SleepycatU74999WB2017PTC220324
SL
SleepheadU74999KA2017PTC105903
SL
SleepsiaU74999DL2018PTC334367
Latest News
- Wakefit records Rs 813 Cr revenue in FY23; losses go upNov 23, 2023
- D2C startup Wakefit raises $40 million in funding led by InvestcorpJan 13, 2023
- Wakefit raises $40 Mn in Series D led by InvestcorpJan 13, 2023
- Wakefit posts Rs 637 Cr revenue in FY22, losses spike 2.8XOct 29, 2022
- Hit snooze at work! Start-up Wakefit is paying its employees for a 30-min power napMay 5, 2022
- Wakefit crosses Rs 400 Cr revenue in FY21, slips into lossesFeb 14, 2022
- Wakefit raises $28 Mn in Series C roundNov 11, 2021
- Wakefit in talks to raise funds at up to $400 million valuationJun 3, 2021
- Wakefit.co partners with Sonu Sood to celebrate covid warriors in new campaignMay 28, 2021
- Wakefit.co offers Esops buyback options to employees, looks to ramp up hiringJan 22, 2021