CosmicTaco

Wakefit's IPO Dreams and Startup Shakeups

CosmicTaco · 2025-07-14T15:15:14.776189+05:30

- Wakefit is gearing up for an ambitious IPO, aiming to stretch beyond its mattress market dominance into furniture. - Key challenges for Wakefit include complex supply chains and mounting competition in the wooden furniture sector. - Profits from mattresses, which constitute 60% of its revenue, provide necessary stability for public market confidence. - The fate of the IPO may hinge on Wakefit's expansion into Tier II/III cities and its omnichannel approach. - Meanwhile, Blip shuts down due to lack of capital, while Indian startups see a drop in funding activity. Source: [Inc42](https://inc42.com/buzz/wakefits-high-stakes-ipo-blip-shuts-down-more/)

Wakefit is gearing up for an ambitious IPO, aiming to stretch beyond its mattress market dominance into furniture.
Key challenges for Wakefit include complex supply chains and mounting competition in the wooden furniture sector.
Profits from mattresses, which constitute 60% of its revenue, provide necessary stability for public market confidence.
The fate of the IPO may hinge on Wakefit's expansion into Tier II/III cities and its omnichannel approach.
Meanwhile, Blip shuts down due to lack of capital, while Indian startups see a drop in funding activity.

Source: Inc42