About Springwel Mattresses
Springwel Mattresses is a company based in Delhi (India) founded in 1996. Springwel Mattresses has raised $1.92 million across 1 funding round from investors including Ashutosh Taparia, Sanjeev Taparia and Jyoti Prasad Taparia. The company has 344 employees as of March 30, 2024. Springwel Mattresses offers products and services including Divinity Mattress, Gloria Elite Mattress, Gloria Mattress, and Microfiber Pillow. Springwel Mattresses operates in a competitive market with competitors including Wakefit, The Sleep Company, 10Club, Nestasia and Indo Count, among others.
- Headquarter Delhi, India
- Employees 344 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Springwel Mattresses Private Limited
- Date of Incorporation 24 Oct, 1996
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$30.47 M (USD)23.62as on Mar 31, 2023
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Net Profit
$237.31 K (USD)-2.35as on Mar 31, 2023
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EBITDA
$997.07 K (USD)-6.19as on Mar 31, 2023
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Total Equity Funding
$1.92 M (USD)
in 1 rounds
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Latest Funding Round
$1.92 M (USD), Angel Round
Jun 15, 2022
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Investors
& 2 more
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Employee Count
344
as on Mar 30, 2024
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Products & Services of Springwel Mattresses
Springwel Mattresses offers a comprehensive portfolio of products and services, including Divinity Mattress, Gloria Elite Mattress, Gloria Mattress, and Microfiber Pillow.
Premium mattress for enhanced comfort and deep sleep support.
High-quality mattress with advanced features for better rest.
Durable mattress offering reliable support and comfort options.
Adjustable pillow with antimicrobial properties for improved sleep.
Funding Insights of Springwel Mattresses
Springwel Mattresses has successfully raised a total of $1.92M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1.92 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Springwel Mattresses
Springwel Mattresses has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Ashutosh Taparia, Sanjeev Taparia and Jyoti Prasad Taparia.
| Investor | Description | Founded Year | Domain | Location |
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Ashutosh Taparia |
Angel investor and entrepreneur, focusing on tech startups in India.
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Sanjeev Taparia |
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Jyoti Prasad Taparia |
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Investor details for Springwel Mattresses
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Investments & Acquisitions by Springwel Mattresses
Investment portfolio details for Springwel Mattresses
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Financial Statements - Springwel Mattresses
Detailed financials for Springwel Mattresses
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Springwel Mattresses Comparisons
Peer comparison for Springwel Mattresses
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Competitors of Springwel Mattresses
Springwel Mattresses operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wakefit, The Sleep Company, 10Club, Nestasia and Indo Count, among others.
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An internet first brand company offering customized mattresses
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Platform offering smart mattresses and bedding accessories
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Multi-category home products are offered through an internet-first platform.
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Internet-first brand of multi-category home improvement products
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Home textile products including bed sheets and bedding are manufactured.
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Internet first brand of ethnic wear, home furniture, and home decor products
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Detailed competitors of Springwel Mattresses
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Latest news on Springwel Mattresses
Complete news archive for Springwel Mattresses
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Frequently Asked Questions about Springwel Mattresses
Springwel Mattresses was founded in 1996 and raised its 1st funding round 26 years after it was founded.
Springwel Mattresses is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Springwel Mattresses is a funded company, having raised a total of $1.92M across 1 funding round to date.
As of Mar 30, 2024, the latest employee count at Springwel Mattresses is 344.
Annual revenue of Springwel Mattresses is $30.47M as on Mar 31, 2023.
Founded in 1996 in Delhi, India, Springwel Mattresses operates within the consumer goods sector, focusing on mattress production. Products are made using materials including natural latex, memory foam, and spring systems to address different sleeping needs. A risk-free trial period is offered, accompanied by product warranties. Retail stores are maintained nationwide, enabling in-person testing prior to purchase.
Springwel Mattresses's top competitors include The Sleep Company, Wakefit and Nestasia.
Springwel Mattresses offers Divinity Mattress, Gloria Elite Mattress, Gloria Mattress, and Microfiber Pillow.
Springwel Mattresses has 3 investors. Key investors include Ashutosh Taparia, Sanjeev Taparia, and Jyoti Prasad Taparia.
The valuation of Springwel Mattresses is $30.26M as of Jun 2022.