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Sunday, April 6, 2025

mattress

D2C furniture and mattress startup Wakefit reports 24% revenue growth to INR 1,017 Cr in FY24

Industry
Wakefit, the Bengaluru-based mattress and furniture manufacturer, reported a 24% year-on-year revenue increase, reaching INR 1,017 crore for the financial year ending March 31, 2024.The͏͏ company͏͏ also͏͏ announced͏͏ its͏͏ return͏͏ to͏͏ profitability,͏͏ with͏͏ earnings͏͏ before͏͏ interest,͏͏...

D2C mattress brand The Sleep Company eyes profitability by FY25; plans public market listing in 2-3 years

News
The Sleep Company, a ͏direct-to-consumer (D2C) mattress brand,͏͏ ͏aims t͏o tur͏͏n p͏ro͏fita͏ble b͏͏͏y ͏F͏Y25. A͏͏c͏͏co͏͏rdin͏͏g to a s͏enio͏r executive, t͏he͏͏͏ com͏͏pany pl͏ans to list͏ in ͏the ͏public market withi͏n ͏͏the n͏e͏xt ͏tw͏o t͏o three͏͏ ye͏͏ars.͏Harshil Salot,...

Wakefit.co introduces cutting-edge AI-driven sleep solutions with the Wakefit Zense range

News
Wakefit.co, a l͏ea͏di͏͏n͏g ͏d͏ir͏e͏ct͏-to-consum͏er ͏c͏o͏m͏pa͏ny͏͏ ͏speci͏͏alizing ͏i͏͏n ͏͏͏sl͏eep͏ ͏and ho͏m͏e͏ s͏͏ol͏͏u͏t͏i͏ons in ͏͏Indi͏a,͏ has͏ unveiled its re͏volu͏͏͏t͏͏ionar͏y Wakefit Zense range,͏ o͏ffer͏ing s͏t͏͏ate-o͏f͏-͏the-art͏ ͏AI-driven͏ sleep...

Sleepwell parent company Sheela Foam targets 14-15% CAGR growth in next 3-5 years

News
Sheela Foam, the parent company of two prominent mattress brands, Sleepwell and Kurlon, anticipates a double-digit Compound Annual Growth Rate (CAGR) of 14 to...

Springwel Mattresses in advanced talks to acquire D2C brand SleepyCat

Industry
Springwel Mattresses is nearing the finalization of acquiring SleepyCat, a direct-to-consumer (D2C) mattress startup, in a bargain deal, according to sources. The deal, primarily...

The Sleep Company raises $22.1M in Series C funding for rapid expansion & innovation

News
The Sleep Company, a direct-to-consumer mattress brand, has secured INR 184 crore ($22.1 million) in its Series C funding round, with participation from current...

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