10/4/2025, 9:14:05 am

Whom does Peak XV-backed Wakefit pick as bankers for IPO?

Wakefit, a sleep and home solutions startup, has hired Axis Capital, IIFL Capital, and Nomura as advisers for its IPO, aiming to raise Rs 1,500-2,000 crore. The company, which grew from Rs 199 crore in FY20 to Rs 1,017 crore in FY24, joins a wave of new-age firms preparing to go public, with 25 startups expected to list in 2025.