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.

— Mint

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.

2018-12-11

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

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