Wakefit Innovations Limited IPO Details

Incorporated in 2016, Wakefit Innovations Limited is a Indian D2C (Direct-to-Consumer) home and sleep solutions company, best known for its high-quality and affordable range of mattresses, furniture, and home décor products. 

The company initially gained popularity with its memory foam mattresses sold directly to customers online, eliminating middlemen and offering competitive prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the evolving needs of modern Indian homes.

The company operates primarily through its digital channels, supported by strong logistics and customer service, which enables it to reach customers across urban and semi-urban areas in India.

Product Portfolio:

• Mattresses
• Furniture
• Furnishings

As of December 31, 2024, the company had 2,085 permanent employees, out of which 1,504 were employees (excluding skilled and unskilled labours) and 581 were skilled and unskilled labours

Competitive Strengths:

• Largest and fastest growing D2C home and furnishing solutions destination
• Comprehensive home and furnishing solutions brand with a core focus on product innovation
• Full-stack vertically integrated operations with differentiated processes and technical capabilities
• Omnichannel sales presence and strategically located store network
• The multi-faceted marketing approach enhancing the brand image