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Wakefit
Home & Furniture · Mattresses, sleep, furniture
Public (IPO Dec 2025)India
HQBengaluru, India
Founded2016
FoundersAnkit Garg, Chaitanya Ramalingegowda
RegionIndia
Financials
FY24 Revenue₹1,017 Cr (FY24, +24% YoY)
FY25 Revenue₹1,310 Cr (FY25, +28%)
YoY growth+24% FY24; +28% FY25
Profitabilityloss-making
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores100
Tech stack
Primary stackCustom
Shopify share—
Mobile appYes
Stack signals
Owned tech platform (D2C)
Analyst notes
Wakefit Innovations. IPO Dec 15, 2025: ₹1,288.89 Cr (₹377 Cr fresh + ₹912 Cr OFS) listed BSE/NSE. FY24 ₹1,017 Cr (+24%); FY25 ₹1,310 Cr (+28%); EBITDA positive ₹65 Cr FY24; net loss down 90%. 100+ offline stores in 40 cities; 3.4 lakh sq.ft retail.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundIPODec 15, 2025
Round size₹1,288.89 Cr (fresh ₹377.18 + OFS ₹911.71)
Total raised~$148M pre-IPO
Valuationunverified IPO mkt cap (post-list)Dec 2025
Investors
Peak XV PartnersInvestcorpVerlinvestSIG
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