Telangana Today
Telangana Today

Home-solutions startup Wakefit.co sets up factory in Hyderabad

Home-solutions startup Wakefit.co sets up factory in Hyderabad
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Hyderabad: Sleep and home-solutions startup, Wakefit.co has set up a new factory at Medchal in Hyderabad that will cater to the growing demand in and around the region. The company has invested Rs 5 crore into the facility and plans to invest more to meet its expansion needs.

The company said Hyderabad is among the top five focus cities for Wakefit.co and has witnessed a significant rise in demand for quality sleep and home solutions products in the last few months.

The move will help the company achieve its target revenue of Rs 450 crore by end of FY 2021. Spread across 30 lakh sq ft, the facility will have products designed scientifically by experts.

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