Wakefit Innovations is an Indian internet-first home and sleep solutions company headquartered in Bengaluru. Founded in 2016 by Ankit Garg and Chaitanya Ramalingegowda, the company designs and sells mattresses, pillows, beds, sofas, work desks and other home furniture products direct-to-consumer through its website, marketplaces and a growing network of experience centers. Wakefit listed on the BSE and NSE on December 15, 2025 following a ~Rs 1,289 crore IPO.
Wakefit is publicly traded
IPO'd on Dec 15, 2025
This company is no longer available on our private secondary market. Shares can be traded publicly under WAKEFIT.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
2,000–2,300
Total Funding
$97.3M
5 rounds
Last Private Valuation
$0.3B
Jan 13, 2023
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $97.3M across 5 rounds
Last updated 08-26-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Dec 15, 2025 | IPO | IPO (fresh issue + OFS); anchor book INR 580 Cr | $0.71B | Not disclosed |
| Jan 13, 2023 | Series D | $43.3M | $0.3B | Investcorp, Peak XV Partners |
| 2022 | Series C | ~$28M | — | SIG |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series A
$31M
Dec 2018
Wakefit today
$710M
Dec 2025 · latest mark
Wakefit multiple
22.9x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Ankit Garg
Co-Founder & CEO
Chaitanya Ramalingegowda
Co-Founder & Director
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Duroflex
Bengaluru-based mattress and sleep solutions brand with a strong orthopedic and memory-foam range, sold online and through retail.
The Sleep Company
Indian DTC sleep and furniture brand known for its patented SmartGRID mattress technology, competing closely with Wakefit online.
Sleepwell (Sheela Foam)
Long-established Indian mattress brand owned by listed Sheela Foam, offering PU, memory foam and latex mattresses across mass and premium segments.
Kurlon
One of India's oldest mattress companies, known for coir, spring and orthopedic mattresses with broad offline distribution.
SleepyCat
Indian online-first mattress and sleep accessories startup competing in the DTC mattress-in-a-box category.
Nilkamal Sleep
Sleep and mattress division of Nilkamal, offering a range of foam, spring and orthopedic mattresses online and via retail.
Yes, Wakefit is publicly traded under the ticker symbol WAKEFIT on the BSE/NSE. The company went public in Dec 15, 2025.
Wakefit trades under the ticker symbol WAKEFIT on the BSE/NSE. It began trading in Dec 15, 2025.
Wakefit (WAKEFIT on the BSE/NSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker WAKEFIT to place an order.
Wakefit went public in Dec 15, 2025 via ipo, with an offering valuation of approximately $0.3B. Wakefit Innovations completed its IPO on the BSE and NSE on December 15, 2025. The offering aggregated approximately Rs 1,289 crore at a price band topped at Rs 195 per share, with about Rs 580 crore raised from 33 anchor investors including HDFC Mutual Fund, Mirae Asset, Tata Mutual Fund, HSBC, Edelweiss, Bajaj Life Insurance, 360 ONE Equity, Nippon India and Ashoka WhiteOak. Shares listed flat at the issue price and traded weakly on debut.
Wakefit raised $97.3M across 5 disclosed funding rounds prior to its public listing.
Wakefit was co-founded by Ankit Garg, and Chaitanya Ramalingegowda in 2016.
Wakefit is headquartered in Bengaluru, Karnataka, India.
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