Wakefit’s Kunal Dubey on the road to profitability, besides using AI in mattresses - The Financial Express
18 October 2024
Wakefit's journey towards profitability, its innovative use of AI-powered mattresses, and expansion strategies into the broader home solutions market (Image credits:Wakefit)
“Sleep is the best meditation,” said the Dalai Lama, highlighting the importance of sleep in modern life. The mattress industry has responded, that in 2024, the revenue in India’s mattress market is projected to reach approximately $254.60 million, with an expected annual growth rate of 4.86% from 2024 to 2029, according to Statista. It is believed that the market has seen a surge in demand for orthopaedic mattresses, driven by increasing awareness of the significance of quality sleep and spinal health.
Wakefit's journey towards profitability, its innovative use of AI-powered mattresses, and expansion strategies into the broader home solutions market (Image credits:Wakefit) “Sleep is the best meditation,” said the Dalai Lama, highlighting the importance of sleep in modern life. The mattress industry has responded, that in 2024, the revenue in India’s mattress market is projected to reach approximately $254.60 million, with an expected annual growth rate of 4.86% from 2024 to 2029, according to Statista. It is believed that the market has seen a surge in demand for orthopaedic mattresses, driven by increasing awareness of the significance of quality sleep and spinal health.
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