The Sleep Company to kick off Series D round with 80% valuation surge

Sleep solution startup The Sleep Company is set to raise Rs 105 crore ($12.3 million) in its Series D round led by Saffron Investments with the participation from Carillon Investments and Infinity Partners.

The company last raised $22 million in a Series C round led by Premji Invest and Fireside Ventures in December 2023.

According to its filing with the Registrar of Companies (RoC), The Sleep Company’s board passed a resolution to approve the issue of 19,093 Series D CCPS at an…