Wakefit plans to open Jumbo store in Bengaluru, aims to scale up manufacturing

Wakefit Innovations Limited, a mattress and furniture manufacturer and retailer, plans to open its first Jumbo store in Bengaluru. The company aims to build a wider home-products business by manufacturing 99% of its products and opening two large-format Jumbo retail stores in India. Each store will span over 1.5 lakh sq ft and require an investment of Rs 100 crore.