Wakefit raises Rs 580 crore from anchor investors, including HSBC and HDFC MF, ahead of its IPO to enhance growth opportunities.
Amount Raised
₹5.8 Billion
Round Type
IPO
BengaluruManufacturingE CommerceFashionRetailInvestors
Description
Wakefit Innovations has secured Rs 580 crore from anchor investors in preparation for its IPO. The company allotted shares at Rs 195 each, attracting strong institutional interest. Major participation came from domestic mutual funds, indicating a robust appetite for the company's stock. Wakefit specializes in home and furnishings, showcasing significant growth with increasing revenues.
Quick answer
Wakefit raised ₹5.8 Billion in a IPO round, dated December 6, 2025. Investors: Ashoka WhiteOak, Mahindra Manulife Mf, Edelweiss Mf, Bandhan Mf, Tata Mutual Fund, Nippon India Mutual Fund, Mirae Asset and Axis Mutual Fund. Wakefit is based in Bengaluru, Karnataka, India.
- How much did Wakefit raise?
- Wakefit raised ₹5.8 Billion in a IPO round on December 6, 2025.
- Who invested in Wakefit?
- Ashoka WhiteOak, Mahindra Manulife Mf, Edelweiss Mf, Bandhan Mf, Tata Mutual Fund, Nippon India Mutual Fund, Mirae Asset and Axis Mutual Fund are named as investors in this round.
- What does Wakefit do?
- Wakefit is a leading Indian direct-to-consumer brand founded in 2015 that specializes in sleep and home solutions, offering research-driven mattresses, pillows, beds, sofas, and furnishings designed to enhance comfort..
- Where is Wakefit based and how big is it?
- Wakefit is based in Bengaluru, Karnataka, India. Fundz records about 1,916 employees.
- Who are the decision-makers at Wakefit?
- Fundz holds 3 contacts at Wakefit, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Wakefit that raised within 45 days of this round, from Fundz verified event records.
Who to call at Wakefit, and when
A new round usually means Wakefit is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Wakefit raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wakefit, from your own LinkedIn network
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Related People
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