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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
Social
XFacebook
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
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,289 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Sheela Group (Jul 17, 2023)

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
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Kurlon's founders and board of directors

Founder? Claim Profile
The founders of Kurlon is Ramesh Pai.
Here are the details of Kurlon's key team members:

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
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Team
-
Past
8y 4m
xutprzd
Investor
-
Past
3y 3m
Independent board member
-
Current
11y 3m
nztqzbk
Independent board member
-
Current
2y 6m
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Independent board member
-
Current
7y 7m
pv{btuy
Independent board member
-
Current
5y 4m
plrgwbm
Independent board member
-
Past
1y 4m
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Independent board member
-
Past
1y 5m
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Independent board member
-
Past
9y 1m

Kurlon's employee count trend

Kurlon has 1,289 employees as of Jul 26. Here is Kurlon's employee count trend over the years:
Employee count trend for Kurlon
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wakefit
Wakefit
2014, Bengaluru (India), Public
Internet first brand company offering sleep and home solutions
$105M
77/100
2nd
Logo for The Sleep Company
The Sleep Company
2019, Mumbai (India), Series D
Platform offering smart mattresses and bedding accessories
$104M
75/100
3rd
Logo for Nestasia
Nestasia
2019, Kolkata (India), Series A
Retailer of home decor and lifestyle products
$12.5M
72/100
4th
Logo for Kurlon
Kurlon
1962, Bengaluru (India), Acquired
Mattress and Home Comfort Products
$13.8M
70/100
5th
Logo for Williams-Sonoma
Williams-Sonoma
1956, San Francisco (United States), Public
Multi-specialty retailer of home improvement products
-
65/100
6th
Logo for Haus & Kinder
Haus & Kinder
2018, Mumbai (India), Series A
Online retailer of bedsheets, curtains, cushion covers, towels, and baby products
$7.28M
64/100
7th
Logo for Home Essentials
Home Essentials
2024, Gwalior (India), Series A
Digital-first D2C brand offering home organization, kitchen items, and decor
$11.3M
63/100
8th
Logo for The Better Home
The Better Home
2011, Delhi (India), Acquired
Retailer of home essentials, kitchenware, decor, furniture, and lifestyle products
-
62/100
9th
Logo for Vaaree
Vaaree
2022, Bengaluru (India), Series A
Retailer of home decor items including bedding kitchenware and furnishings
$16M
61/100
10th
Logo for The Artment
The Artment
2019, Gurugram (India), Seed
Provider of multi-category home decor and improvement products
$2.76M
59/100
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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:lockFilter 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)
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See all investments by Kurlon

Reports related to Kurlon

Here is the latest report on Kurlon's sector:

News related to Kurlon

lockFilter this list
Media has covered Kurlon for a total of 2 events in the last 1 year.
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FAQs about Kurlon

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