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WAKEFIT FURNITURE BUSINESS
Wakefit shares jump over 4% as Nomura initiates coverage. Check target priceWakefit Innovations shares gained over 4% after Nomura initiated coverage with a Buy rating and a Rs 200 target price, implying 30.7% upsid...- Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%Founded in 2016, Wakefit initially focused on sleep-related products such as mattresses, pillows, and bed frames before expanding to a broa...
- Wakefit won’t focus on its stock prices, but on long term growth: Cofounder RamalingegowdaHis comments come amid a muted stock market debut for the Bengaluru-based company on Monday, with Wakefit’s shares closing at Rs 190.6 on t...
- Wakefit Innovations shares list flat at IPO price of Rs 195 on exchangesWakefit Innovations listed flat on Monday, debuting at Rs 195 on the NSE and slightly lower on the BSE, in line with muted grey market expe...
- Corona Remedies and Wakefit Innovations to list tomorrow; GMP suggests sharp upside for pharma playCorona Remedies and Wakefit Innovations are set to list amid divergent grey market signals. Corona Remedies commands strong listing expecta...
- Wakefit IPO subscribed 60% on Day 3 so far, weak GMP. Should you invest?Wakefit Innovations' IPO faces muted investor interest on its final bidding day, with only 60% subscription and a declining grey-market pre...
- Wakefit raises Rs 580 crore from anchor investors including HSBC, HDFC MF ahead of IPOWakefit raised Rs 580 crore from anchor investors at the top price band, with domestic mutual funds taking over half the book. Strong insti...
- Is Wakefit’s IPO a good long term bet for high-risk investors?Wakefit Innovations plans to raise over ₹1,288 crore via IPO for expansion and operational needs. The direct-to-consumer home furnishing co...
- Wakefit sets Rs 185-195 price band for Rs 1,288 crore IPO; check important dates hereWakefit Innovations has set the price band for its Rs 1,288 crore IPO at Rs 185-195 per share. The offer includes a fresh issue of Rs 377.1...
- Boardrooms’ pre-IPO makeover; The mule account MOHappy Monday! IPO-bound Indian startups are revamping their boards pre-listing. This and more in today’s ETtech Morning Dispatch.
- India's wealthy chase AI boom; AI impact on ITHappy Tuesday! India's wealthy and their family offices are vying for stakes in unlisted technology giants. This and more in today's ETtech...
- Indian furniture brand WoodenStreet aims to quadruple revenue in 3 years, mulls IPO, CEO saysWoodenStreet, backed by WestBridge Capital, aims to quadruple its revenue in three years by expanding its mattress and modular furniture bu...
- Indian furniture brand WoodenStreet aims to quadruple revenue in 3 years, mulls IPOWoodenStreet, backed by WestBridge Capital, aims to quadruple its revenue in three years by expanding its mattress and modular furniture bu...
- Wakefit joins IPO queue; Pine Labs DRHP, decodedMattress and home furniture brand Wakefit is heading to the bourses. This and more in today's ETtech Top 5.
- 8 Best Four-Seater Sofa for Maximum Comfort & Style at Home or OfficeIntroducing 4-seater sofas – the perfect way to bring style, comfort and convenience to your home. With plush cushioning, a variety of colo...
- D2C brand Wakefit raises $40 million in funding led by InvestcorpThe company will use the funds to improve its delivery operations and factory, and to make inroads into tier II and tier III cities, co-fou...
- ETtech Deals Digest: funding winter continues to chill startupsHere is a list of startups that got funded this week.
- D2C startup Wakefit raises $40 million in funding led by InvestcorpExisting investors Sequoia Capital India, Verlinvest and SIG also participated in the funding round.
- Hit snooze at work! Start-up Wakefit is paying its employees for a 30-min power napThe company is working on creating 'cosy nap pods' and 'quiet rooms' in the office.
- Investors double down on direct-to-consumer brandsThe rising investor interest in the space comes as D2C brands across sectors like fashion, beauty & personal care, food & beverages and ele...
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