Kurlon - About the company
Kurlon is an acquired company based in Bengaluru (India), founded in 1962 by Ramesh Pai. It operates as a Mattress and Home Comfort Products. Kurlon has raised $13.8M in funding from Motilal Oswal Private Equity, with last known valuation of $*****. The company has 1625 active competitors, including 27 funded and 43 that have exited. Its top competitors include companies like Wakefit, The Sleep Company and Nestasia.
Company Details
A Manipal Group Company, Kurlon was established in 1962 and it is one of the leaders in branded mattress segment in India. The company currently has 6,380 dealers, 55 area sales offices and a workforce of 1,570 employees across India. March 2013 news reports suggest that Kurlon was in advanced talks with leading PE firms to raise Rs 200 Cr to fuel their expansion plans.
- Website
- kurlon.com
- Email ID
- *****@kurlon.com
- Phone Number
- +91 **********
- Registered Address
- N-301, III FLOOR, NORTH BLOCK, FRONT WING, MANIPAL CENTRE, 47 DICKENSON ROAD, BANGALORE, Karnataka, India, 560042
Key Metrics
Founded Year
1962
Location
Bengaluru, India
Stage
Acquired
Total Funding
$13.8M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Jul 17, 2023
Investors
Ranked
4th among 1625 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,289 as on Jul 31, 2026
Exit Details
Acquired by Sheela Group (Jul 17, 2023)
Legal entities associated with Kurlon
Kurlon is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KURLON ENTERPRISE LIMITED CIN: U36101MH2011PLC222657 , India, Amalgamated | Oct 03, 2011 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 520 (As on Nov 01, 2025) | |
Sheela Foam Limited CIN: L74899MH1971PLC427835 , India, Active | Jun 18, 1971 | ₹1,000+ Cr (As on Mar 31, 2025) | 3323 (As on Mar 01, 2026) | |
Kurlon Retail Limited CIN: U36104MH2012PLC428940 , India, Active | Aug 31, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 63 (As on Oct 31, 2024) | |
PRAMAN TRADE AND SERVICES LIMITED CIN: U51909KA2008PLC048067 , India, Active | Oct 21, 2008 | 0 - ₹10 Cr (As on Mar 31, 2025) | 53 (As on Apr 30, 2023) | |
STARSHIP VALUE CHAIN AND MANUFACTURING PRIVATE LIMITED CIN: U36900MH2020PTC432198 , India, Active | Oct 09, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
KANARA CONSUMER PRODUCTS LIMITED CIN: U68100KA1962PLC001443 , India, Active | Feb 09, 1962 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 108 (As on Feb 28, 2025) |
Kurlon's acquisition details
Kurlon got acquired by Sheela Group on Jul 17, 2023 at an acquisition amount of $*****.
Click here to take a look at Kurlon's acquisition in detail
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Kurlon's funding and investors
Kurlon has raised a total funding of $13.8M over 1 round. Its latest funding round was a PE round on Oct 06, 2015 for $*****. 1 investor participated in its latest round. Kurlon has 22 institutional investors and 103 angel investors.
Here is the list of recent funding rounds of Kurlon:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 06, 2015 | 6240490 | PE | 3262547 | 4162966 | 5988090 | 3637283 |
View details of Kurlon's funding rounds and investors
Kurlon's founders and board of directors
Founder? Claim ProfileThe founders of Kurlon is Ramesh Pai.
Here are the details of Kurlon's key team members:
- Ramesh Pai: Owner of Kurlon. Contact Info: 1 email address
Kurlon's Board of Directors
Kurlon's board has 7 active members. Jaya Sudhakar Pai and Jamsheed Minocher Panday are part of team and Deepa Sudhakar Pai, Thonse Deepa Pai, NARENDRA KUDVA, Jyothi Ashish Pradhan and S ANANTHANARAYANAN are independent board members.Here is the list of Kurlon's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
dvmrnmk | Team | - | Current | 3y 1m |
ziayyqh | Team | - | Past | 8y 4m |
xutprzd | Investor | - | Past | 3y 3m |
Independent board member | - | Current | 11y 3m | |
nztqzbk | Independent board member | - | Current | 2y 6m |
gttddda | Independent board member | - | Current | 7y 7m |
pv{btuy | Independent board member | - | Current | 5y 4m |
plrgwbm | Independent board member | - | Past | 1y 4m |
fadkcwt | Independent board member | - | Past | 1y 5m |
xqqcrad | Independent board member | - | Past | 9y 1m |
View details of Kurlon's Founder profiles and Board Members
Kurlon's employee count trend
Kurlon has 1,289 employees as of Jul 26. Here is Kurlon's employee count trend over the years:
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Kurlon's Competitors and alternates
Top competitors of Kurlon include Wakefit, The Sleep Company and Nestasia. Here is the list of Top 10 competitors of Kurlon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Internet first brand company offering sleep and home solutions | $105M | 77/100 | ||
2nd | The Sleep Company 2019, Mumbai (India), Series D | Platform offering smart mattresses and bedding accessories | $104M | 75/100 | |
3rd | Retailer of home decor and lifestyle products | $12.5M | 72/100 | ||
4th | Mattress and Home Comfort Products | $13.8M | 70/100 | ||
5th | Williams-Sonoma 1956, San Francisco (United States), Public | Multi-specialty retailer of home improvement products | - | 65/100 | |
6th | Haus & Kinder 2018, Mumbai (India), Series A | Online retailer of bedsheets, curtains, cushion covers, towels, and baby products | $7.28M | 64/100 | |
7th | Home Essentials 2024, Gwalior (India), Series A | Digital-first D2C brand offering home organization, kitchen items, and decor | $11.3M | 63/100 | |
8th | The Better Home 2011, Delhi (India), Acquired | Retailer of home essentials, kitchenware, decor, furniture, and lifestyle products | - | 62/100 | |
9th | Retailer of home decor items including bedding kitchenware and furnishings | $16M | 61/100 | ||
10th | The Artment 2019, Gurugram (India), Seed | Provider of multi-category home decor and improvement products | $2.76M | 59/100 |
Looking for more details on Kurlon's competitors? Click here to see the top ones
Kurlon's Investments and acquisitions
Kurlon has made 4 investments in companies including Tagbin and PL Capital. Kurlon has also acquired 1 companies including Spring Air.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 17, 2025 | Investments | 2013 | Gurugram (India) | |
Aug 16, 2024 | Investments | 1944 | Mumbai (India) | |
May 07, 2024 | Investments | 2023 | Mumbai (India) |
See all investments by Kurlon
Reports related to Kurlon
Here is the latest report on Kurlon's sector:
News related to Kurlon
Media has covered Kurlon for a total of 2 events in the last 1 year.
•
Crystal Crop Acquires Land in Gujarat’s Jhagadia for Greenfield Formulation PlantChemical Industry Digest•Feb 12, 2026•Crystal Crop Protection, Kurlon
•
Tagbin secures $10 Mn funding, plans IPO by 2027Entrackr•Dec 17, 2025•Kurlon, SageOne, Tagbin, Bounce Curl
•
Sheela Foam shares its tech-driven integration approach after acquiring KurlonExpress Computer•Oct 01, 2024•Sheela Group, Kurlon
•
Kurlon unveils fresh identity with new tagline 'Life banegi Hula Hula'BestMediaInfo•Jun 10, 2024•Kurlon
•
Sheela Foam sees 14-15 pc CAGR growth in next 3-5 yrs: CEO Nilesh MazumdarIndiatimes•Jun 09, 2024•Sheela Group, Sleepwell, Kurlon
•
Sheela Foam acquires Kurlon and furniture maker FurlencoBusiness Today•Jul 26, 2023•Kurlon, Sheela Group, Furlenco, Cyril Amarchand Mangaldas
•
Sheela Foam to acquire Kurl-on, Furlenco stake for Rs 3,007 croreDeccan Herald•Jul 18, 2023•Furlenco, Kurlon, Sheela Group
•
Sleepwell mattress owner’s shares soar after Kurlon buy, Furlenco investmentShareandstocks•Jul 18, 2023•Sleepwell, Kurlon, Sheela Group, Furlenco
•
Sheela Foam to raise ₹1.5K cr to fund Kurlon, Furlenco buyMint•Jul 18, 2023•Sheela Group, Kurlon, Furlenco, Sleepwell
•
Sleepwell Parent To Acquire 35% Stake In Furlenco For INR 300 CrInc42•Jul 17, 2023•Sheela Group, Furlenco, Kurlon, Sleepwell
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