India's Sequoia-backed home furniture maker Wakefit scores $40m from Investcorp

India's Sequoia-backed home furniture maker Wakefit scores $40m from Investcorp

Photo by Anna Sullivan on Unsplash

Mattresses and home furniture maker Wakefit on Friday said it has raised $40 million in a Series D round of funding, led by global alternate investment firm Investcorp, to fuel its plans to open 100 stores across 20 cities in three years.