About Wakefit
Wakefit is a company based in Bengaluru (India) founded in 2016 by Chaitanya Ramalingegowda and Ankit Garg. Wakefit has raised $105.02 million across 4 funding rounds from investors including Peak XV Partners, Redwood Trust and Susquehanna. The company has 2,014 employees as of August 01, 2025. Wakefit operates in a competitive market with competitors including 10Club, Nestasia, Frido, Ellementry and Pelican Essentials, among others.
- Headquarter Bengaluru, India
- Employees 2014 as on 01 Aug, 2025
- Founders Chaitanya Ramalingegowda, Ankit Garg
- Stage Public
-
Sectors
Consumer
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Wakefit Innovations Limited
-
Annual Revenue
$149.12 M (USD)29.13as on Mar 31, 2025
-
Net Profit
-$4.1 M (USD)-132.54as on Mar 31, 2025
-
EBITDA
$7.31 M (USD)73.12as on Mar 31, 2025
-
Total Equity Funding
$105.02 M (USD)
in 4 rounds
-
Latest Funding Round
$43.32 M (USD), Series D
Jan 13, 2023
-
Investors
Peak XV Partners
& 8 more
-
Employee Count
2014
as on Aug 01, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Wakefit
Wakefit is a publicly listed company on the NSE with ticker symbol WAKEFIT in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Wakefit
Unlock access to complete
Funding Insights of Wakefit
Wakefit has successfully raised a total of $105.02M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $43.32 million completed in January 2023. 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 Wakefit
Wakefit has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Peak XV Partners, Redwood Trust and Susquehanna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity, real estate, and credit investments are managed globally.
|
Locked | Locked | Locked | |
|
Single family office of a Belgian family focused on multiple industries
|
Locked | Locked | Locked | |
|
Diversified investment management is handled by SIG across multiple assets.
|
Locked | Locked | Locked |
Investor details for Wakefit
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Wakefit
Investment portfolio details for Wakefit
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Wakefit
Detailed financials for Wakefit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Wakefit Comparisons
Peer comparison for Wakefit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Wakefit
Wakefit 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 10Club, Nestasia, Frido, Ellementry and Pelican Essentials, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Multi-category home products are offered through an internet-first platform.
|
|
| Locked | Locked | Locked |
Internet-first brand of multi-category home improvement products
|
|
| Locked | Locked | Locked |
Ergonomic products for pain relief and posture support are provided.
|
|
| Locked | Locked | Locked |
Handmade home improvement products are sold online through Ellementry.
|
|
| Locked | Locked | Locked |
Internet first brand offering furniture products
|
Detailed competitors of Wakefit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Wakefit
Complete news archive for Wakefit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wakefit
Wakefit was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Wakefit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankit Garg is the current CEO of Wakefit. They have also founded this company.
Wakefit is a funded company, having raised a total of $105.02M across 4 funding rounds to date.
As of Aug 01, 2025, the latest employee count at Wakefit is 2,014.
Annual revenue of Wakefit is $149.12M as on Mar 31, 2025.
Wakefit was founded in 2016 and is headquartered in Bengaluru, India. Operations are conducted as an internet-first brand within the home furnishings sector. A range of products is offered, including mattresses with features such as contact-less sleep trackers and temperature control, alongside beds, pillows, towels, cushions, curtains, carpets, furniture, dinnerware, and wall decor. Materials like spun knitted fabric and ortho foam are utilized in mattress production.
Yes, Wakefit is publicly traded on NSE under the ticker symbol WAKEFIT.
Wakefit has 9 investors. Key investors include Peak XV Partners, Redwood Trust, Susquehanna, Investcorp, and Verlinvest.
The ticker symbol of Wakefit is WAKEFIT on NSE.
The valuation of Wakefit is $275.19M as of Jan 2023.