# Wakefit plans jumbo stores; furniture top business in three years

2026-08-09T06:08:01+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Wakefit is opening its first jumbo-format furniture store, which co-founder Ankit Garg says will be bigger than Ikea, with a second store to follow in months. The company is investing roughly Rs 100 crore in each outlet, envisioned as destination experience centres with over 200 curated room setups. Wakefit expects furniture to overtake mattresses as its largest business within three years. The Bengaluru-based retailer reported consolidated revenue of Rs 405 crore in the June quarter, up 16.6% year-on-year, with mattress revenue growing 27.3% and offsetting slower furniture growth.

## Coverage

- livemint.com <https://www.livemint.com/companies/news/wakefit-jumbo-stores-furniture-business-growth-fy29-11786097216954.html>

Tags: company strategy, furniture retail, jumbo stores, mattresses, omnichannel, Wakefit
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