Sleep solutions provider Wakefit raises Rs.33-Cr from Elevation Capital via secondary deal

Bengaluru-based home furniture and sleep solutions company Wakefit has raised INR 32.5 crore from Elevation Capital through secondary transactions from Wakefit employees during 2025. Elevation had acquired 2.03 lakh shares at INR 1,600 per share and is not participating in Wakefit’s offer for sale (OFS).Founded in 2016 by Ankit Garg and Chaitanya Ramalingegowda, Wakefit sells mattresses, beds, tables and chairs.