Wakefit raises $28 Mn in Series C round
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Sleep and home solutions startup Wakefit has raised Rs 200 crore ($28 million) in a financing round led by US-based SIG and participation from existing investors Sequoia Capital India and Verlinvest. Wakefit will use the fresh funds for its omni-channel expansion plans, bolstering its supply chain, technological development and marketing. The company also has plans to foray into the home interiors market.