Wakefit Company Owner, Founders and Revenue Details

Wakefit is no longer just a mattress brand—it is one of India’s most successful D2C sleep and home solutions companies. Founded in 2016, the brand has grown steadily by solving everyday problems for Indian households with quality, affordability, and transparency.

Today, when people search for Wakefit company details, they discover a business that started small, stayed frugal, and scaled responsibly. In December 2025, Wakefit entered the public markets with a successful IPO, valuing the company at approximately ₹6,373 crore, officially establishing the Wakefit net worth at a level once unimaginable for a bootstrapped startup.

Ownership, Founders, and CEO of Wakefit Company

The founder of Wakefit, Ankit Garg, is also the company’s driving force. Along with co-founder Chaitanya Ramalingegowda, he built Wakefit on one simple belief—customers deserve better products without inflated prices.

Ankit Garg, an IIT Roorkee graduate, faced a major business failure before Wakefit even existed. His first startup collapsed due to product rejections, credit risks, and operational stress. That failure didn’t end his journey—it reshaped it.

Those early struggles taught him the value of cash discipline, lean operations, and customer trust, principles that would later define Wakefit’s DNA.

As the Wakefit CEO, Ankit Garg leads with first-hand experience of failure and recovery. While working at Akosha, he noticed how traditional mattress brands charged heavy markups due to middlemen. This insight sparked the idea of selling mattresses directly to consumers online.

Wakefit began quietly as a side project. In its first month, the brand sold just seven mattresses. Instead of rushing into expansion, Ankit waited until he had personal savings before committing full-time—an approach that protected the business from early financial stress.

Under the leadership of the Wakefit CEO, the company focused on:

• Fewer, better-designed mattress options

• In-house manufacturing

• Direct customer feedback loops
  

This approach allowed Wakefit to scale without compromising quality or trust.

While Ankit Garg is widely known as the Wakefit owner and CEO, the company’s growth story is incomplete without Chaitanya Ramalingegowda, co-founder and director.

Chaitanya initially joined as an angel investor but soon committed full-time. With over two decades of experience in digital marketing, consulting, and entrepreneurship, he helped Wakefit achieve strong online visibility and organic growth.

More than 50% of Wakefit’s sales came through word-of-mouth, keeping customer acquisition costs significantly lower than industry averages. This balance between product excellence and smart marketing helped Wakefit remain profitable during its early years.

Wakefit Revenue Growth

Wakefit’s financial journey reflects steady, controlled growth rather than reckless expansion.

• Wakefit revenue in FY25: ₹1,274 crore

• Wakefit revenue growth: 29% year-on-year

• H1 FY26 profit: ₹35.6 crore
  

While advertising and offline expansion increased costs temporarily, Wakefit maintained positive EBITDA, showing strong operational health.

For anyone researching Wakefit revenue, the numbers highlight a company that invests thoughtfully while keeping long-term sustainability in focus.

Wakefit Net Worth and IPO Milestone

The Wakefit net worth became a major talking point after its IPO in December 2025. The listing valued the company at around ₹6,373 crore, marking a defining moment in its journey.

During the IPO:

• Founders sold a portion of their holdings

• Institutional investors showed strong confidence

• The issue was oversubscribed 2.5 times
  

As a result, discussions around the net worth of Wakefit and its founders gained widespread attention across the startup ecosystem.

Net Worth of Wakefit Founders

Post-IPO, both founders retained significant stakes in the company.

• Ankit Garg (Wakefit owner & CEO) holds shares valued in hundreds of crores

• Chaitanya Ramalingegowda also continues to hold a strong equity position
  

Industry estimates suggest that the net worth of Wakefit founders comfortably exceeds ₹500 crore each, reflecting the value created through years of disciplined execution.

Wakefit Company Details: What Makes It Different

When people look up Wakefit company details, they often find these standout strengths:

• 98%+ in-house manufacturing

• Factories across multiple Indian cities

• 4,500+ employees

• Lean manufacturing with 97% efficiency

• One of the largest customer support teams in Indian D2C
  

Wakefit’s culture prioritizes customer satisfaction, operational efficiency, and people empowerment over short-term valuation hype.

Final Thoughts:

Wakefit’s journey—from a failed foam startup to a publicly listed company—is proof that resilience, patience, and customer obsession build lasting businesses.

The Wakefit owner and CEO, Ankit Garg, didn’t chase shortcuts. Instead, he focused on fundamentals. Today, Wakefit stands as a powerful example of how Indian startups can scale responsibly while creating real value.

Whether you’re researching Wakefit revenue, Wakefit net worth, or simply seeking inspiration from the founder of Wakefit, this story reminds us that sustainable success is built one honest decision at a time.