When was Wakefit founded?

Wakefit was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Wakefit located?

Wakefit is headquartered in Bengaluru, India. It is registered at Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Tavarekere, Bangalore, Bangalore, Karnataka, India, 560029.

Who is the current CEO of Wakefit?

Ankit Garg of Wakefit. They have also founded 1 company and are angel investors in 5 startups, including .

Which legal entities is Wakefit associated with?

Wakefit is associated with WAKEFIT INNOVATIONS LIMITED.

How many employees does Wakefit have?

As of Jul 31, 2025, the latest employee count at Wakefit is 2140.

Is Wakefit a funded company?

Wakefit is a funded company, having raised a total of $105M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 11, 2018.

When was the latest funding round of Wakefit?

Wakefit's latest funding was a $***** Series D round on Jan 13, 2023, with participation from 6 investors.

What is the annual revenue of Wakefit?

Annual revenue of Wakefit is more than ₹1,000 Cr as on Mar 31, 2025

Where does Wakefit rank among its competitors?

Wakefit ranks 1st amongst 188 active competitors, of which 15 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Vaaree, which secured $6.82M in Aug, 2026.

Who are the top competitors of Wakefit?

Wakefit's top competitors include Nestasia, Home Essentials and The Better Home. Among them, Vaaree secured the most recent funding round in August, 2026.

Wakefit - 2026 Company Profile, Team, Funding, Competitors & Financials

Wakefit is a public company based in Bengaluru (India), founded in 2014 by Ankit Garg and Chaitanya Ramalingegowda. It operates as an Internet first brand company offering sleep and home solutions. Wakefit has raised $105M in funding from investors like Peak XV Partners, Investcorp and Verlinvest. The company has 188 active competitors, including 15 funded and 3 that have exited. Its top competitors include companies like Nestasia, Home Essentials and The Better Home.

Company Details

Internet first brand company offering sleep and home solutions. Its product range includes mattresses, pillows, beds, sofas, and work desks, and other home furniture products.

Website: www.wakefit.co/
Social
Email ID: *****@wakefit.co
Phone Number: +91 **********
Registered Address: Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Tavarekere, Bangalore, Bangalore, Karnataka, India, 560029

Key Metrics

Founded Year

2014

Location

Bengaluru, India

Stage

Public

Total Funding

$105M in 4 rounds

Latest Funding Round

Series D, Jan 13, 2023, $*****

Investors

Peak XV Partners & 7 more

Ranked

1^st among 188 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

2,140 as on Jul 31, 2025

Similar Companies

Nestasia & 325 more

Exit Details

Public

View Wakefit's full profile

Wakefit is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WAKEFIT INNOVATIONS LIMITED CIN: L52590KA2016PLC086582 , India, Active	Mar 01, 2016	₹1,000+ Cr (As on Mar 31, 2025)	2303 (As on May 01, 2026)

Wakefit got listed on Dec 15, 2025.

Click here to take a look at Wakefit's IPO in detail

Wakefit has raised a total funding of $105M over 4 rounds. Its first funding round was on Dec 11, 2018. Its latest funding round was a Series D round on Jan 13, 2023 for $*****. 6 investors participated in its latest round. Wakefit has 8 institutional investors.

Here is the list of recent funding rounds of Wakefit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 13, 2023	2318021	Series D	5492893	3505780	7470214	1950587
Nov 11, 2021	3479933	Series C	8675280	5944506	8401192	Verlinvest & 1 more
Dec 15, 2020	5558733	Series B	6727919	6313218	Verlinvest & 1 more	Redwood Trust

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View details of Wakefit's funding rounds and investors

The founders of Wakefit are Ankit Garg and Chaitanya Ramalingegowda. Ankit Garg is the CEO of Wakefit.

Here are the details of Wakefit's key team members:

Ankit Garg: Co-Founder & CEO & Director of Wakefit. They are also an angel investor in 5 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 2 phone numbers
Chaitanya Ramalingegowda: Co-Founder of Wakefit. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 1 email address and 2 phone numbers

Wakefit's Board of Directors

Wakefit's board has 9 active members. Ankit Garg, Chaitanya Ramalingegowda, Sakshi Vijay Chopra and Mukul Arora are part of team and Arindam Paul, Alok Chandra Misra, Sudeep Nagar, Gunender Kapur and Sandhya Pottigari are independent board members.

Here is the list of Wakefit's board of directors:

Name	Type	Representing	Status	Duration
Ankit Garg	Team	-	Current	1y 3m
Chaitanya Ramalingegowda	Team	-	Current	6y 11m
Sakshi Vijay Chopra	Investor	-	Current	7y 8m
Mukul Arora	Investor	-	Current	1y 3m
Arindam Paul	Independent board member	-	Current	1y 3m
zmifssv	Independent board member	-	Current	1y 5m
ratcany	Independent board member	-	Current	8y 8m
silnrap	Independent board member	-	Current	6y 1m
myglkdt	Independent board member	-	Current	5y 5m

View details of Wakefit's Founder profiles and Board Members

Wakefit's employee count trend

Wakefit has 2,140 employees as of Jul 25. The total employee count is 5.0% more than what it was in Jul 24. Here is Wakefit's employee count trend over the years:

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Top competitors of Wakefit include Nestasia, Home Essentials and The Better Home. Here is the list of Top 10 competitors of Wakefit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wakefit 2014, Bengaluru (India), Public	Internet first brand company offering sleep and home solutions	$105M	Verlinvest, Elevation Capital & 6 others	77/100
2nd	Nestasia 2019, Kolkata (India), Series A	Retailer of home decor and lifestyle products	$12.5M	Stellaris Venture Partners, SIG & 16 others	72/100
3rd	Home Essentials 2024, Gwalior (India), Series A	Digital-first D2C brand offering home organization, kitchen items, and decor	$11.3M	India Quotient, 360 One & 10 others	63/100
4th	The Better Home 2011, Delhi (India), Acquired	Retailer of home essentials, kitchenware, decor, furniture, and lifestyle products	-	Multiply Ventures	62/100
5th	Vaaree 2022, Bengaluru (India), Series A	Retailer of home decor items including bedding kitchenware and furnishings	$16M	PeerCapital, Cap Alpha Ventures & 39 others	61/100
6th	The Artment 2019, Gurugram (India), Seed	Provider of multi-category home decor and improvement products	$2.76M	Inflection Point Ventures, Siyaram Family Office ... & 21 others	59/100
7th	Ellementry 2018, Jaipur (India), Series A	Online brand offering handmade home improvements products	$9.32M	Phi Capital, The Times Group & 4 others	53/100
8th	Altrove 2021, Pune (India), Unfunded	Retailer of home furniture textiles decor and interior design services	-	-	49/100
9th	Whispering Homes 2021, Sahibzada Ajit Singh Nagar (India), Unfunded	Internet first brand offering multi-category home improvement products	-	-	46/100
10th	Fanusta 2016, Jaipur (India), Unfunded	Platform offering handcrafted home décor and furniture items	-	-	42/100