Wakefit Converts Into Public Entity In Run-Up To IPO

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SUMMARY

D2C startup Wakefit has turned into a public company as its gears up for IPO

Wakefit is looking to raise around INR 1,500-2,000 Cr via IPO

The startup has appointed five independent directors for a period of three years

Bengaluru-based D2C furniture and mattress startup Wakefit has converted into a public company as readies for an initial public offering (IPO). 

As per the startup’s MCA filing accessed by Inc42, shareholders of Wakefit have passed a resolution to…



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Wakefit Converts Into Public Entity In Run-Up To IPO


SUMMARY

D2C startup Wakefit has turned into a public company as its gears up for IPO

Wakefit is looking to raise around INR 1,500-2,000 Cr via IPO

The startup has appointed five independent directors for a period of three years

Bengaluru-based D2C furniture and mattress startup Wakefit has converted into a public company as readies for an initial public offering (IPO). 

As per the startup’s MCA filing accessed by Inc42, shareholders of Wakefit have passed a resolution to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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