The Sleep Company To Raise INR 105 Cr From Saffron Investments, Others

The Sleep Company, a D2C smart-mattress brand, is in the process of raising ₹105 crore in a Series D funding round led by Saffron Investments. The funding, which also sees participation from Carillon Investments and Infinity Partners, comes at an 80% jump in valuation, bringing it to approximately ₹2,745 crore. The capital will be used for growth, expansion, and general corporate purposes, signaling strong investor confidence despite the company's losses increasing in the previous fiscal year.