Wakefit

Wakefit

On a mission to revolutionize the home solutions market by empowering the decision-making power of each and every individual in choosing products that are ergonomic and well suited to an urban lifestyle. Learn more

Financials

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Revenues, earnings & profits over time
USD2019
Revenues16.6m
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DateInvestorsAmountRound
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$9.0m

Early VC

$26.0m

Valuation: $258m

Series B
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$27.0m

Valuation: $380m

Series C
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$45.0m

Valuation: $303m

Late VC
Total Funding€97.3m

Recent News about Wakefit

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More about Wakefit
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Wakefit.co is an online retailer specializing in innovative sleep and home products. The company operates in the Indian market, serving a broad customer base that includes over one million satisfied clients. Wakefit's product range includes mattresses, beddings, furniture, and home decor items. The company's unique selling proposition lies in its research-backed sleep products, such as the Orthopedic Memory Foam Mattress and Dual Comfort Mattress, designed to enhance sleep quality and overall well-being.

Wakefit's business model is centered on e-commerce, with all products available for purchase online. This approach allows the company to reach a wide audience and streamline operations, contributing to its profitability. The company also offers customer-friendly policies such as no-cost EMIs and a 100-night risk-free trial on its memory foam mattresses, which further enhance its appeal to consumers.

Wakefit has demonstrated impressive growth since its establishment in 2016, with over 8 lakh customers and over 18 lakh products sold. The company's commitment to research and development, as evidenced by its 1500 hours spent in this area, indicates a focus on continuous product improvement and innovation.

Keywords: Online Retail, Sleep Products, Home Products, E-commerce, Indian Market, Customer-Centric, Research and Development, Memory Foam Mattress, Furniture, Home Decor.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.