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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A pioneer in the online D2C mattress market, the startup is eyeing the public markets on the strength of its expanded home and furnishings presence. Will its next decade be as good as the one behind it?
By definition, startups exist to either build something new or make something that’s been around more efficient. Wakefit, the Bengaluru-based mattress and furniture startup, falls in the latter category. In less than 10 years, it has become a Rs 1,000-crore business. The company clocked Rs 971 crore in revenue in the first nine months of 2024-25 and over Rs 986 crore in 2023-24. As much as 62% of this revenue came from selling mattresses.
These numbers stand out. Especially when compared to the competition. Duroflex, for instance, is a six-decade-old mattress manufacturing company. In 2023-24, Duroflex’s revenue from operations stood …
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
