Wakefit's loss widens to ₹145 Cr in FY23; revenue at ₹812 Cr

Furniture and sleep solutions startup Wakefit.co's losses widened 36% to Rs 145 crore FY23 compared to Rs 106 crore last year. Its revenue from operations rose to Rs 812 crore, up 28% while total expenses surged nearly 30% to Rs 965 crore. The company said it has invested in areas such as R&D, retail expansion, and other capacity-building activities.