Wakefit Files Rs 468 Crore DRHP with SEBI

Wakefit files Rs 468 crore DRHP with SEBI

The D2C home solutions provider plans to use fresh proceeds for offline expansion, brand building .

Flipspaces Eyes Fast-Track IPO By 2026 After Fresh INR 50 Cr Infusion From Asiana Fund - Data Intelligence

Flipspaces, the commercial interior design-tech startup, has received INR 50 crore (~USD 5.9 million) in fresh funding from Asiana Fund, a strategic extension of the USD 35 million (~INR 299 crore) funding round raised in May. The new investment will support Flipspaces’ growth plans in India, the United States and the United Arab Emirates. Asiana Fund, backed by Jalaj Dani, one of the promoters of Asian Paints, joins existing investors Iron Pill…

Wakefit joins IPO queue; Pine Labs DRHP, decoded

Mattress and home furniture brand Wakefit is heading to the bourses. This and more in today's ETtech Top 5.

Wakefit Rolls Out IPO Plans, Targets to Raise INR 468 Cr

Wakefit Innovations Ltd, a home and furnishings company, has submitted preliminary documents to the Securities and Exchange Board (Sebi) requesting permission to acquire capital through an initial public offering (IPO).According to the draft red herring prospectus (DRHP) submitted on June 26, the planned IPO of the Bengaluru-based company consists of an offer for sale (OFS) of 5.84 crore equity shares by the selling shareholders, along with a fr…

Wakefit Innovations Limited files DRHP with SEBI; to raise Rs 468 crore via fresh issue

Wakefit Innovations Limited, the largest D2C home and furnishings company in India in terms of revenue in Fiscal 2024, as per a Redseer report has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO).According to the DRHP, the proposed IPO of the Bengaluru-based company is a combination of a fresh issue of equity shares aggregating up to Rs. 468.2 crore and an o…

Wakefit Files Draft Papers For INR 468 Cr IPO

D2C furniture and mattress startup Wakefit has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise INR 468 Cr (around $54.6 Mn) via fresh issue of shares. The initial public offering (IPO) will also comprise an offer for sale (OFS) of up to 5.8 Cr equity shares. Wakefit’s promoters Ankit Garg and Chaitanya Ramalingegowda, along with its backers, including Peak XV Partners, Redwood Trust, Paramark and Verlinvest…