Wakefit Trims Loss By 90% To INR 15 Cr In FY24

Wakefit, a leading Indian sleep solutions startup, has reduced its losses by 90% to INR 15 crore in FY24. The company’s efforts to streamline operations, reduce costs, and improve its product offerings have helped it turn a corner in terms of profitability. Wakefit, known for its innovative products like mattresses, sleep accessories, and furniture, has seen a rise in consumer demand, especially as more people focus on health and well-being. The company attributes its improved performance to strong brand recognition and effective customer engagement strategies. Wakefit aims to continue its growth trajectory by expanding its product range and increasing its presence in the market.