WAKEFIT INNOVATIONS PRIVATE LIMITED
S.G Palya, Karnataka
In their own words
Wakefit is a research and innovation driven sleep solutions company established in March 2016. It was founded by Ankit Garg and Chaitanya Ramalingegowda, with a vision to democratize sleep in India. With an ever expanding portfolio that includes mattresses, pillows, bed frames, mattress protector, comforters, bedsheets, neck pillows and back cushions, Wakefit manufactures its products in-house at a manufacturing plant in Bangalore and sells across the country through its own online portal and through other online marketplaces. Wakefit prides itself on its customer experience, with over 5 Lakh customers serviced over four years and 15,000+ positive reviews online. The company has received Series A funding from marquee investor, Sequoia Capital and has recorded 3x revenue growth year-on-year since 2016. It has won the Startup of the Year at Small Business Awards 2019 powered by ET and Entrepreneur magazine and has been nominated for SABRE awards for an innovative marketing campaign called OneIndiaOneWakefit. Ankit Garg, CEO and co-founder of Wakefit was part of the prestigious 30 Under 30 Young Entrepreneurs List announced by Forbes in 2019. Wakefit follows a unique delivery model. It has a product oriented approach that invests heavily on research and innovation to create a product that is ahead of the industry curve. It ships products to its customers directly from the factory, thus ensuring significant cost reduction which gets passed on to the customer. The USP of the brand lies in the fact that their products are made after extensive customer interviews and extensive research. The founders of the company visited about a 100 homes and took inputs from the customers which were then incorporated into the product line. This customer oriented approach underlines Wakefit’s entire operations, which forms the basis for its innovative products. Wakefit, through intensive research has managed to create one mattress for all body types using cutting-edge memory foam technology. The product is impeccably created on the parameters of pressure & weight distribution, foam quality and stress testing. With about 16 iterations to this product, Wakefit also provides a 100-day risk free trial service to its customers, whereby they can test the product to put their minds at ease while making the purchase.
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- DPIIT recognition number
- DIPP52893
- CIN
- U52590KA2016PTC086582
- Incorporated (MCA)
- 2016
- Registered on Startup India
- 2020
- Self-declared stage
- Scaling
- MCA status
- Active
- Company class
- Public
- Registrar
- RoC-Bangalore
- Authorised capital
- ₹53,92,82,000
- Paid-up capital
- ₹33,13,31,698
Funding signals
We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.
- Self-declared on the government form, unverified
Where this is
Locality
S.G Palya
Karnataka
We know the area, S.G Palya, but not the address. The pin below covers roughly a kilometre.
Geocode confidence: low
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, write to trust@indianstartupmap.com.