Newsletter
The Sleep Company has raised ₹480 crore in an equal mix of primary and secondary funding rounds.
The deets: the funding comes after the mattress and bedding solutions provider is eyeing deeper offline expansion. The company intends to expand its presence by adding 130-150 new stores over the next two years, in addition to its existing network of 160 stores across 47 cities.
Quick note: the fundraise also comes at a time when rival Wakefit, backed by Peak XV Partners is preparing for an IPO and has already filed draft papers with SEBI.
Why it matters: India’s sleep economy is waking up. With rising consumer awareness around health, comfort, and better living, brands are aggressively scaling to capture market share. The race is on to become India’s go-to name in sleep and home wellness.
