Startup firm The Sleep Company achieves Rs 500 cr annual recurring revenue

The Sleep Company (TSC), the sleep and sitting solutions firm, is eyeing profitability by the end of FY25. In just 4.5 years since its inception, the firm said that it has touched a significant milestone of achieving Rs 500 crore annual recurring revenue (ARR).

The firm said it has disrupted the traditional mattress industry and proved to have a first-mover advantage with its 100 Coco (company-owned, company-operated) stores. The firm said this makes it the fastest direct-to-consumer (D2C) brand to achieve this feat in just two years since entering the offline retail space. The company opened its first store in Bengaluru in June 2022.