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Wakefit co-founders receive shares before IPO, Elevation ups stake via secondary deal

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).

By Mukul Manchanda
Jun 27, 2025 16:03 IST 2 Min read
wakfit Fintrackr
Wakefit posts Rs 971 Cr revenue in 9M FY25; auditor raises concern over past financials
By Priyanshu Kamal
Jun 27, 2025 15:24 IST 2 Min read
wakefit Exclusive
Exclusive: Wakefit to convert into public company; appoints independent directors
By Kunal Manchanada
Jun 09, 2025 11:37 IST 2 Min read
wakefit Fintrackr
Peak XV-backed Wakefit reports Rs 66 Cr EBITDA in FY24
By Priyanshu Kamal
Dec 06, 2024 15:55 IST 2 Min read
Wakefit records Rs 813 Cr revenue in FY23; losses go up Fintrackr
Wakefit records Rs 813 Cr revenue in FY23; losses go up
By Kunal Manchanada
Nov 23, 2023 08:27 IST 7 Min read
wakefit News
Wakefit raises $40 Mn in Series D led by Investcorp
By Md Salman Ashrafi
Jan 13, 2023 06:42 IST 2 Min read
wakefit Fintrackr
Wakefit crosses Rs 400 Cr revenue in FY21, slips into losses
By Harsh Upadhyay & Kunal Manchanda
Feb 14, 2022 05:50 IST 3 Min read
wakefit News
Wakefit raises $28 Mn in Series C round
By Soumyarendra Barik
Nov 11, 2021 08:46 IST 2 Min read
wakefit Fintrackr
WakeFit revenue surges 2.5X to Rs 197 Cr in FY20; churns Rs 10 Cr profit
By Gaurav Tyagi
Dec 21, 2020 06:10 IST 3 Min read
wakefit News
Wakefit scores Rs 185 Cr in Series B round led by Verlinvest and Sequoia
By Harsh Upadhyay
Dec 16, 2020 04:45 IST 2 Min read
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