Sequoia invests $9m in Indian mattress manufacturer Wakefit

Sequoia invests $9m in Indian mattress manufacturer Wakefit

Photo by Anna Sullivan on Unsplash

Sequoia Capital invested Rs 65 crore in mattresses and sleep-products company Wakefit in exchange for 31.9% equity. With that investment, the previously bootstrapped start-up’s valuation now stands at over Rs 210 crore, Wakefit said in a statement on Tuesday.

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