Riya Agarwal

Just before Wakefit’s public market debut, Elevation Capital has acquired 2.03 lakh shares via secondary transaction at ₹1,600 per share, an investment worth ₹32.54 crore.

While Wakefit plans to raise ₹468 crore through fresh issuance and an Offer for Sale of 5.8 crore shares, Elevation isn’t selling a single share.

The message is clear: this isn’t short-term speculation. It’s long-term conviction.

With 117 stores on the roadmap and ₹971 crore in revenue over the first 9 months of FY25, Wakefit’s IPO is more than just a listing, it’s a signal of scale.

On June 27, 2025, Wakefit Innovations Limited, the Bengaluru startup that’s become a go-to for sleep and home essentials officially tossed its hat into the public market ring. With its…

Foxconn is doubling down on India and the US with a massive $2.2 billion investment.
$1.49B will go to India for a new smartphone parts plant, adding to its earlier iPhone production push.
New facilities are coming up in Tamil Nadu and near Bengaluru, with plans for 20 million units a year. They’re also entering semiconductors and batteries, building out a full tech ecosystem. Meanwhile, $735M is headed to the US for server and data center hardware.
A global shift is underway—and India’s at the center of it.

Rapido, the scrappy bike-taxi upstart turned urban transport disruptor, just cranked the dial up a notch. In a move that feels equal parts genius and overdue, the company now lets…

In a bold move that rattles the status quo of India’s travel tech landscape, MakeMyTrip (MMT) is clawing back a massive $3 billion stake from Chinese giant Trip.com Group. The…