Sleepsia secures $2 million funding from parent company Agile Ventures

Chennai: Pillow and sleep accessories manufacturer-to-consumer (M2C) brand Sleepsia has raised $2 million from its parent company Agile Ventures.

Sleepsia will use the funding to expand its customer base in tier-II and tier-III cities, the company said in a statement.

"So far, we have served 200k happy customers. And now with the recent funding, we are planning to bring 250,000 more sleepers onboard," Dheeraj Kapoor, Director, Sleepsia said.


The company added that as opposed to the US market, valued at over $30 billion, the Indian sleep market is still unexplored.

The company is also looking at a new range of pregnancy pillows, couple pillows, baby pillows, baby memory foam pillows, car pillows, chair pillows, comforters, and microfiber bed sheets.

“On the back of our products, in-depth research and futuristic technological advancements, we have had a progressive and profitable journey," he said.

Sleepsia also said it is gearing up to establish full-stack customer experience labs to innovate, develop and research sleep products.