What is Wakefit.co's business focus and history?

Wakefit.co is a funded company based in Bengaluru, India, founded in 2016 by Ankit Garg and Chaitanya Ramalingegowda. It operates as a direct-to-consumer brand offering sleep and home solutions, including mattresses, pillows, and furniture. Wakefit.co has raised multiple funding rounds, with the latest being a Series D round of INR 320 Crores led by Investcorp. The company reported a revenue of INR 1,017 Crores in FY 2024, achieving an EBITDA profitability of INR 65 Crores. Wakefit.co has expanded its presence with 80 stores across 26 cities and plans to increase to 120 stores within six months.

Wakefit.co Corporate Details & Core Services

Wakefit.co is a research and innovation-driven sleep and home solutions company established in March 2016. Founded by Ankit Garg and Chaitanya Ramalingegowda, the company aims to democratize sleep and home solutions in India. Its product portfolio includes mattresses, pillows, bed frames, mattress protectors, comforters, neck pillows, back cushions, sofas, dining sets, wardrobes, study tables, bookshelves, shoe racks, TV units, bedside tables, coffee tables, cushions, floor rugs, curtains, towels, and more. Wakefit.co manufactures its products in-house at factories located in Bengaluru, Jodhpur, and Delhi, and sells them across the country through its online portal, offline retail stores, and other popular online marketplaces.

Wakefit.co Contact Information & Official Links

Website https://wakefit.co
Social        
Head office address Bengaluru, Karnataka, India
Tags sleep solutions home solutions furniture mattresses D2C

What are Wakefit.co's Key Business Metrics & Stats?

No of employees
Founded year 2016
Type private
Industry Home and Sleep Solutions
Location Bengaluru, Karnataka, India
Wakefit.co Firmographic Snapshot 2026 2016 Founded Year Global Employees India Headquarters Home andSleepSolutions Industry Private Type Verified by DexterAgent.ai

How much funding has Wakefit.co raised to date?

Name Description
Funding Amount USD 65 Million
Stage Series A
Latest Valuation 380 Million (USD)
Lead Investor Sequoia Capital India
Investors Sequoia Capital India

What are Wakefit.co's Core Products?

Name Description
Mattresses High-quality mattresses designed for optimal sleep comfort.
Pillows Ergonomically designed pillows to support various sleeping positions.
Sofas Stylish and comfortable sofas suitable for modern living spaces.
Dining Sets Elegant dining sets crafted to enhance your dining experience.
Wardrobes Spacious and durable wardrobes for organized storage.

What are the latest developments at Wakefit.co?

Date Type Description
January, 2023 funding Wakefit.co raises INR 320 Crores in Series D funding led by Investcorp
July, 2024 product launch Wakefit.co launches AI-powered sleep solutions
October, 2024 financial Wakefit.co reports 24% revenue growth, achieving INR 65 Cr EBITDA profitability in FY24
Name Description
Legal Name Wakefit Innovations Pvt. Ltd.
Cin number
GST number
Registration number

Who is in Wakefit.co's executive leadership team?

Name Designation
CEO Ankit Garg
Director and Co-Founder Chaitanya Ramalingegowda

Where are Wakefit.co's primary office locations?

City Country
Bengaluru India
Jodhpur India
Delhi India

What are the current business signals and market intelligence for Wakefit.co?

Spending next 3 months expanding product categories, enhancing brand presence, growing omnichannel strategy
Pain points customer service issues, delivery delays, product quality concerns
Sales motion direct-to-consumer
Buyer Persona individuals seeking quality sleep and home solutions
Type of customer individual consumers
Key customer domain

What is Wakefit.co's annual revenue history?

Year Revenue (USD)
2023 8.3 Billion
2024 10.2 Billion

What are Wakefit.co's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 1.5
Glassdoor Rating

What are Wakefit.co's business model and service classifications?

Saas No
Offline Stores Yes
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App No
Retail Yes
B2B No
B2C Yes
Manufacturing Yes
Wholesale No
Importer No
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