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Samvad, Themis act for mattress-maker Wakefit on $9m Sequoia fundraise

Sequoia Capital invested ₹ 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 ₹ 210 crore, Wakefit said in a statement on Tuesday.


Samvad Partners advised Wakefit Innovations Private Limited led by a team of partner Neela Badami and senior associate Neeraj Vyas.

Sequoia Capital was represented by Themis Associates, led by a team including partner Archan Chakraborty, senior associate Radhika Sarkar and associate Naina Rathore.


Deal value: INR 65,00,00,000 (Indian Rupees Sixty Five Crores only)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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