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Wakefit co-founders Ankit Garg and Chaitanya Ramalingegowda were allotted 2.6 million equity shares through a rights issue ahead of the company’s public listing, as per its Draft Red Herring Prospectus (DRHP).
In a parallel development, existing investor Elevation Capital has acquired 2.03 lakh shares from Wakefit employees through secondary transactions since 2025. The shares were bought at Rs 1,600 apiece, valuing the…
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.
Wakefit co-founders Ankit Garg and Chaitanya Ramalingegowda were allotted 2.6 million equity shares through a rights issue ahead of the company’s public listing, as per its Draft Red Herring Prospectus (DRHP).
In a parallel development, existing investor Elevation Capital has acquired 2.03 lakh shares from Wakefit employees through secondary transactions since 2025. The shares were bought at Rs 1,600 apiece, valuing the…
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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