Funding News: The Sleep Company Raises Rs 480 Crore to Lead India’s Comfort-Tech Revolution

Startup: The Sleep Company

Founders: Harshil Salot and Priyanka Goyal Salot (husband-wife duo)

About us: The Sleep Company is a Mumbai-based direct-to-consumer comfort-tech brand offering science-led premium sleep and seating solutions, including mattresses, pillows, bedding, cushions, office chairs, recliners, and sofas. It operates through a strong omnichannel presence online platforms and a growing network of physical retail outlets. The company has surpassed an annualised revenue run rate of around Rs 700 crore and delivered approximately 60 % year-on-year growth in FY25.

Founded Year: 2019

Office: Headquartered in Mumbai, India; serving customers across 47+ cities with 150+ exclusive brand outlets

Sector: Comfort-Tech / Premium Sleep & Seating Solutions (D2C, Omnichannel)

Funding Round: Series D (mix of primary and secondary funding)

Investors: Led by ChrysCapital and 360 ONE Asset; early backer Fireside Ventures exited partially through secondary share sales

The Sleep Company has raised Rs 480 crore (approx. USD 55-57 million) in its Series D round, split equally between primary and secondary capital. The fresh infusion will enable aggressive retail expansion targeting 130-150 new stores over the next two years bolster manufacturing capacity, ramp up R&D and SmartGRID technology development, and strengthen core teams and leadership. The company aims to cement its position as India’s category-defining comfort-tech player.

Website: https://thesleepcompany.in