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Wakefit

From EverybodyWiki Bios & Wiki

Wakefit
ISIN🆔
IndustrySleep
Founded 📆2016
Founders 👔Chaitanya Ramalingegowda, Ankit Garg
Headquarters 🏙️, ,
Area served 🗺️
India
Members
Number of employees
ParentWakefit Innovations
🌐 WebsiteWakefit
📇 Address
📞 telephone

Wakefit is an online sleep company headquartered in Bengaluru, India.[1][2]

History[edit]

Chaitanya Ramalingegowda and Ankit Garg co-founded Wakefit in 2016. It started as a memory foam mattress firm and transitioned into an online sleep company, which included mattresses, bed frames, pillows, and mattress protectors.[2][3][4] In December 2018, it received $9 million for research and development, from Sequoia Capital.[2]

In late 2019, Wakefit introduced a sleep internship initiative where volunteers had to sleep 9 hours daily on their mattress for 100 days to bring focus on sleep health and to help analyze sleep patterns. The initiative received domestic and international recognition.[5][6][7]

Kumar Gaurav is the chief technology officer and Parasar Sarma is the vice-president.[1]

Awards[edit]

Year Recognition Given by Ref
2019 Red Herring Asia Award Red Herring [8]
2019 Best Customer Service Entrepreneur India Awards [9]
2019 Startup of the Year India Retail and e-Retail Congress [10]
2018 Startup of the Year 8th Small Business Awards [11]


References[edit]

  1. 1.0 1.1 Sarkar, Brinda; Basu, Sreeradha D. (2020-01-23). "In a rocky startup world, candidates toss questions to interviewers". The Economic Times. Retrieved 2020-01-31.
  2. 2.0 2.1 2.2 "How Wakefit Innovations sells sound sleep with just two kinds of mattresses". www.businesstoday.in. Retrieved 2020-01-31.
  3. "How Sequoia Backed Wakefit Is Using Data & Technology To Democratise Sleep For Indians". Inc42 Media. 2019-03-08. Retrieved 2020-01-31.
  4. Chengappa, Sangeetha. "Online mattress start-up Wakefit targets ₹260-crore revenue in FY20". @businessline. Retrieved 2020-01-31.
  5. EST, Khaleda Rahman On 12/5/19 at 11:08 AM (2019-12-05). "Tired of your job? Mattress company hiring an intern who will literally be paid to sleep". Newsweek. Retrieved 2020-01-31.
  6. Agarwal, Nikhil (2019-12-01). "Bengaluru start-up will pay interns ₹1 lakh stipend to sleep for 9 hours a day". Livemint. Retrieved 2020-01-31.
  7. "How Wakefit.co is using marketing to make sleep health a topic of conversation in every household". Business Insider. Retrieved 2020-01-31.
  8. "2019 Red Herring Top 100 Asia Winners". Red Herring. Retrieved 2020-01-31.
  9. "Entrepreneur 2019". www.entrepreneurindia.com. Retrieved 2020-01-31.
  10. "Wakefit: Making A Sleep Solutions Startup which is Making Sleep Comfortable, Affordable & Quality - Oriented | CEOInsights Vendor". www.ceoinsightsindia.com. Retrieved 2020-01-31.
  11. "Small Business Awards 2020". www.franchiseindia.com. Retrieved 2020-01-31.

External links[edit]


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