Wakefit Is Ready to Go Public — Here’s Everything You Need to Know If you’ve ever shopped online for a mattress in India, chances are you’ve heard of
If you’ve ever shopped online for a mattress in India, chances are you’ve heard of Wakefit. Known for delivering comfy mattresses at affordable prices right to your doorstep, the Bengaluru-based startup has quietly become a household name in the sleep and furniture space.
Now, Wakefit is making a bold new move — they’re heading to the stock market. And they’re not playing small. The company is reportedly eyeing an IPO worth Rs 2,000 crore.
Yes, you read that right. The startup that helped millions of Indians sleep better now wants investors to dream big.
Wakefit recently changed its name from Wakefit Innovations Private Limited to Wakefit Innovations Limited. That tiny name tweak might sound like legal jargon, but it’s a major milestone for any private company looking to go public in India.
This is a mandatory legal step companies have to take before they can list their shares on the stock exchange. So, in plain English? Wakefit just got IPO-ready.
This move signals that the company is serious about raising funds from the public market, which could boost its brand, operations, and growth plans even further.
Let’s rewind for a moment.
Wakefit started back in 2016 with a single mission: make sleep better and more affordable for everyone. Founders Ankit Garg and Chaitanya Ramalingegowda launched the brand as a direct-to-consumer (D2C) mattress startup, cutting out the middlemen and selling directly to customers online.
The formula worked like a dream — pun intended.
With high-quality products, reasonable prices, and doorstep delivery, Wakefit quickly became a favorite among Indian consumers.
But they didn’t stop at mattresses.
As Wakefit’s fanbase grew, so did its ambitions. Over the years, the brand expanded into a full-fledged home solutions brand. Today, Wakefit’s product range includes:
Basically, Wakefit now helps people furnish their entire homes, not just their bedrooms.
What sets Wakefit apart from other brands? They own the entire process — from manufacturing to delivery. This is known as a vertically integrated supply chain, and it helps them cut costs, control quality, and deliver faster.
So when you buy from Wakefit, you’re not just buying a product — you’re buying into a system built to be efficient and customer-friendly.
While Wakefit hasn’t publicly announced the exact timeline of the IPO, multiple reports suggest the company is gearing up to raise Rs 2,000 crore through the public markets.
Here’s why it makes sense:
Wakefit’s success hasn’t just been about clever ads or sleek Instagram posts. The company has backed up its popularity with solid business performance:
Investors have taken notice. Big names like Sequoia Capital and Verlinvest have already backed Wakefit in previous funding rounds.
Now, with the IPO plans in motion, retail investors will finally get a chance to be part of the Wakefit story.
The IPO journey is just beginning. Before Wakefit hits the stock exchange, it will have to go through several stages, including:
All these steps take time, but the name change shows that Wakefit has already started moving in that direction.
If everything goes smoothly, the IPO could happen in the next few months.
If you’re a fan of homegrown Indian startups making it big, then yes — this is big news.
Wakefit isn’t just another startup going public. It’s a brand that has redefined how Indians shop for home essentials, turning a sleepy category (literally!) into a tech-driven retail success story.
As an investor, this IPO could be a chance to back a business that’s profitable, customer-loved, and growing fast.
Of course, every IPO comes with risks — and you should always do your research. But Wakefit’s journey from bedroom startup to IPO-bound brand is worth watching.
From helping people sleep better to now planning to make people richer — Wakefit’s IPO journey is just beginning, and it’s already one of the most exciting startup stories in India right now.
If you’ve ever laid down on a Wakefit mattress and thought, “Wow, this is good,” — well, now you might get a chance to buy a piece of the company behind it.
