Wakefit Innovations Limited
Bajaj Allianz Life Insurance reduced its stake in Wakefit Innovations from 1.64% to 1.58% by selling 181,336 shares worth ₹2.41 crore at ₹133.04 apiece.
A direct-to-consumer home and sleep solutions company, Wakefit Innovations designs and sells mattresses, furniture, and home furnishings through its own digital channels and retail outlets. The company manufactures products in-house, enabling control over quality, design, and pricing across its product range. Founded in 2016, it serves the affordable home comfort segment, offering solutions for sleep and living spaces across India.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.