Chaitanya Ramalingegowda
Chaitanya Ramalingegowda is an Indian entrepreneur and investor who co-founded the home and sleep solutions company WakefitWakefitWakefit (Wakefit Innovations Limited) is a Bengaluru-based Indian direct-to-consumer home and sleep solutions company founded in 2016 by Ankit Garg and Chaitanya Ramalingegowda; it began with mattresses, expanded into furniture and home furnishings, and listed on the National Stock Exchange of India and BSE in December 2025.Open the full entry with Ankit GargAnkit GargAnkit Garg is an Indian entrepreneur, co-founder and CEO of the home and sleep solutions company Wakefit; a chemical engineering graduate of IIT Roorkee, he worked at Bayer and Helpchat (Tapzo) before founding the company.Open the full entry and serves as an executive director; before that he worked in management consulting and earned an MBA from the Indian School of Business.
Contents6 sections
Key facts
Before 2016Consulting Career and Early Ventures
Chaitanya Ramalingegowda earned an MBA from the Indian School of Business in Hyderabad and consulted for Fortune 100 companies in the United States, Canada and Europe.[1]
He moved from management consulting into entrepreneurship; before Wakefit he had two failed ventures, making Wakefit his third startup.[2]
2015–2016Co-founding Wakefit
He had been a colleague of Ankit Garg at the Bengaluru startup Tapzo, where Ankit began researching a venture; the two then left together to start Wakefit.[3]
The two co-founders each invested ₹3 lakh and sold mattresses on Amazon India in 2015–2016; six months later they used the profits to set up a website, a team and modest marketing, and moved from outsourced production to a basic manufacturing facility built with savings.[2]
December 2025Wakefit’s IPO
Before Wakefit’s listing, Chaitanya Ramalingegowda, a co-founder, promoter and executive director, held 9.98% of the company and planned to sell 4.4 million shares in the IPO.[4]
As of October 2026: Writing and Mentoring
He writes about marketing, branding and fundraising for startups and is a mentor at Neotec Hub, the startup accelerator of the Ambuja Neotia group.[1]
Related Organizations, Websites, and Public Accounts
Wakefit: Official website: https://www.wakefit.co/ (opens in a new window)[5]
Sources
- Chaitanya Ramalingegowda (opens in a new window)
- The Entrepreneur Who Makes Sleep Work For Everyone Around (opens in a new window)
- How did Wakefit earn Rs 114 Cr revenue in 3 years? By helping customers get a good night's sleep (opens in a new window)
- Wakefit Raises INR 580 Cr From Anchor Investors Ahead of INR 1,288 Cr IPO (opens in a new window)
- Wakefit (opens in a new window)