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Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Consumer

17 July, 2023

Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Sheela Foam, owner of Sleepwell brand, has agreed to acquire rival mattress maker Kurlon and a 35% stake in furniture ......

Wakefit raises $40 mn led by Investcorp

TMT

13 January, 2023

Wakefit raises $40 mn led by Investcorp

Wakefit Innovations Pvt. Ltd on Thursday said it has raised ₹320 crore (about $40 million) in a round led by ......

Mattress maker Wakefit pockets Series C funding at $380 mn valuation

Consumer

11 November, 2021

Mattress maker Wakefit pockets Series C funding at $380 mn valuation

Wakefit Innovations Pvt. Ltd, one of the leading mattress makers and a sleep and home solutions company, on Thursday said ......

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Mattress maker Duroflex in talks with large local PEs for expansion capital

Consumer

30 June, 2021

Mattress maker Duroflex in talks with large local PEs for expansion capital

Mattress maker Duroflex Pvt Ltd, which has a strong presence in south, is in early talks with large homegrown private ......

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Sector watch: Startups, smaller mattress makers give Sleepwell, Kurlon a wake-up call

Consumer

27 January, 2020

Sector watch: Startups, smaller mattress makers give Sleepwell, Kurlon a wake-up call

A couple of months ago, Wakefit Innovations Pvt. Ltd offered to pay interns up to Rs 1 lakh. All that ......

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Mattress maker Peps Industries in talks with US, UK investors for stake sale

Consumer

14 January, 2020

Mattress maker Peps Industries in talks with US, UK investors for stake sale

Peps Industries Pvt. Ltd, which makes spring mattresses, is in discussions with two US private equity firms and a UK-based ......

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How mattress e-tailer Wakefit's founders tasted success after three failures

Consumer

27 September, 2019

How mattress e-tailer Wakefit's founders tasted success after three failures

It isn’t usually easy for entrepreneurs to get investors to back their business ideas. It’s even harder if the entrepreneurs ......

Sleepwell mattress maker Sheela Foam to acquire Spanish firm Interplasp

Consumer

26 July, 2019

Sleepwell mattress maker Sheela Foam to acquire Spanish firm Interplasp

Sheela Foam Ltd said on Friday its board has approved a plan to acquire a majority stake in Spanish company ......

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Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Consumer

15 May, 2019

Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Sleepwell mattress maker Sheela Foam Ltd's sales growth for the year through March fell to its lowest level in at ......

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Sleepwell mattress maker looks to buy Mumbai firm

Consumer

19 May, 2017

Sleepwell mattress maker looks to buy Mumbai firm

Sheela Foam Ltd, which makes mattresses and bedding products under the Sleepwell brand, is looking to acquire a Mumbai-based company ......