India’s leading D2C sleep and comfort products brand The Sleep Company has opened its 100th store at Bandra in Mumbai.
In 2016, the brand began its journey as a “sleep solution” company when its founder Priyanka Salot had sleep issues post maternity. In her quest to help those with sleep challenges, she founded the company with her husband Hasshil Salot.
The company has till date raised INR 177 Cr. (USD 21.3 mn) from a clutch of marquee investors.
The company offers various products for sleep and comfort such as TSC mattresses, ErgoSmart chairs, Smart Recliner Beds, Recliner Sofas and accessories like pillows & cushions.
For FY 22-23, the company reported a loss of INR 37 Cr while its revenues jumped 98% over the previous year to INR 127 Cr.
The Sleep Company competes in the fiercely competitive home furnishings market along side established and funded players such as Wakefit, Sleepycat, etc. as well as hundreds of neighbourhood furniture shops that dot the country.