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Capitalism may have a lot of ramifications, but one very pervasive side-effect to the system is eye-bags. Many a man — and woman — has had to trade their valued sleep-time for coin, after all. But what if there was a way to get paid FOR sleeping? In 2023, <keyword id="22966515" type="General" weightage="20" keywordseo="saishwari-patil" source="keywords">Saishwari Patil</keyword>, an auditor based in Bengaluru, clinched the title of ‘<keyword id="22966518" type="General" weightage="20" keywordseo="sleep-champion-of-the-year" source="keywords">Sleep Champion of the Year</keyword>’ and took home a prize of INR 9 lakh. But how? <keyword id="21339903" type="General" weightage="20" keywordseo="wakefit" source="keywords">Wakefit</keyword> has been hosting a “Sleep Internship” for a while now, drawing attention from across the country. The company calls upon applicants to participate in their program for 60 days where they’re mostly expected to hit the 9-hour sleep KPI, take power naps and test a new Wakefit mattress. And suffice to say that last year’s competition was intense. First, the winner had to get selected from a massive pool of 5 lakh applicants vying for a spot in the <keyword id="22966519" type="General" weightage="100" keywordseo="wakefit-sleep-internship" source="keywords">Wakefit Sleep Internship</keyword>. After that, they had to compete with 11 other participants that were shortlisted — all of whom were paid a stipend of Rs 1 lakh. Over the course of the 2-month-long program, these sleep interns logged a combined total of 7,000 hours of sleep, with their progress monitored and evaluated based on their sleep efficiency. The competition reached its peak with a live “sleep-off,” where the top four finalists slept in custom sleep pods, competing for the ultimate prize. And Saishwari emerged victorious with a remarkable sleep efficiency score of 99%, securing her position as the season’s top sleeper. <div type="Article" hostid="261" msid="112794594" title="The former Twitter director who went viral for sleeping in the office was deeply concerned about employee burnout" mstype="2" mssubtype="0"></div>The Wakefit <keyword id="22966514" type="General" weightage="20" keywordseo="sleep-internship" source="keywords">Sleep Internship</keyword> is not just a quirky contest; it’s also a part of the company’s broader mission to address a growing issue in India. According to the Great Indian Sleep Scorecard 2024, nearly 50% of Indians wake up feeling tired, with factors like long working hours, stress, and poor sleep environments contributing to widespread sleep deprivation. By creating the Sleep Internship, Wakefit aims to shine a light on the importance of <keyword id="20334530" type="General" weightage="20" keywordseo="quality-sleep" source="keywords">quality sleep</keyword> and encourage people to prioritise rest in their daily lives. The internship is a tongue-in-cheek way to promote better sleep habits, offering participants not just money, but also insights into improving their <keyword id="20760931" type="General" weightage="20" keywordseo="sleep-health" source="keywords">sleep health</keyword>, the company said. The good news is that you may have a chance at being crowned the next <keyword id="22966517" type="General" weightage="20" keywordseo="sleep-champion" source="keywords">Sleep Champion</keyword> of the Year! Building on the success of the previous seasons, Wakefit has already opened registrations for the fourth edition of its Sleep Internship. This time, the stakes are even higher, with the winner standing to earn up to Rs 10 lakh! Wakefit promises that this season will be more engaging than ever, with participants receiving a state-of-the-art Wakefit mattress and advanced sleep tracker. Additionally, the interns will undergo a series of sessions with sleep experts, fitness professionals, and wellness coaches, all aimed at enhancing their sleep quality. As the conversation around sleep continues to evolve, this initiative, while playful, underscores a critical message: quality sleep is not just a luxury, but a necessity for overall well-being. In the meantime, candidates interested in the program can fill in their entries <a href="https://www.wakefit.co/sleepintern/">here</a>. <div type="Article" hostid="261" msid="95275829" title="Wakefit.co announces &amp;#39;No Questions Asked&amp;#39; wellness leave policy for staff" mstype="2" mssubtype="0"></div>

A Bengaluru auditor earned Rs 9 lakh just for sleeping, and here’s how you can too!

<ul><li>Season 2 of <keyword id="5891223" type="UNKNOWN" weightage="20" keywordseo="Wakefit">Wakefit</keyword>.co’s Sleep Internship Programme is set to stir up a storm, as the hunt for India’s best sleeper begins again . </li><li>The inaugural batch of the <keyword id="10673866" type="COMPANY" weightage="20" keywordseo="wakefit-sleep-internship">Wakefit Sleep Internship</keyword> (Batch of 2020) saw 23 <keyword id="8392130" type="UNKNOWN" weightage="20" keywordseo="sleep-interns">sleep interns</keyword> bagging the coveted internship, which had received almost 1.70 lakh applications from across the world. </li></ul>Ever heard of a job that pays to sleep? We bet you have, after Bengaluru-based sleep and home solutions company, <a href="https://www.youtube.com/watch?v=k-ozYcE1thE&amp;feature=emb_title">Wakefit.co, created a viral sensation</a> with its Sleep Internship initiative in 2020. A year later, the world has faced a pandemic, and sleep has somehow taken a backseat again amidst the stress, health risks, and career turbulences. On the brink of the Budget 2021, as India looks to mitigate its health threats, resurrect its economy, and generate opportunities for job growth, Wakefit.co is doing its bit by simply reminding people that sleep is important too and that you can, well, earn to sleep! <a href="https://wakefit.co/sleepintern/">Wakefit.co is back with its epic Sleep Internship program</a> and Season 2 promises to be bigger and better than its hugely popular maiden season that rewarded sleep lovers with their #DreamJob. This year, selected sleep interns will not only earn INR 1 Lakh but the pool of interns will get to compete with each other too, for a grand prize of INR 10 Lakh and bragging rights to be called ‘India’s Sleep Champion’. Close to 60,000 applicants have already thrown in their hats to compete and be a Sleep Intern for the second edition of the annual Sleep Internship initiative. This year, applicants have a ready pool of information to help them create a winning entry. Wakefit.co’s sleep internship microsite <a href="https://wakefit.co/sleepintern/winners">features last year’s winning interns</a>, their hilarious interviews with our celebrity judges, and a profile capturing their love for sleep. The contenders who clear the rigorous selection process in Season 2 will have to turn up to work every night in the comfort of your home for a deep, uninterrupted sleep of 9 hours for 100 consecutive nights. Each of the interns will be provided with a state-of-the-art Wakefit.co mattress and a sophisticated sleep tracker. They will also get to participate in various sleep-related challenges as part of the internship to emerge as India’s most passionate sleeper. As part of its scientific approach to sleep, the company will also facilitate counseling sessions with sleep experts, fitness experts, home decor specialists, etc. for the interns. Talking about the unique internship program, <keyword id="1639108" type="PERSON" weightage="20" keywordseo="Chaitanya-Ramalingegowda">Chaitanya Ramalingegowda</keyword>, Director and Co-founder, Wakefit.co, said, “2020 has been a tough year. Pandemic stress and work-from-home routines have translated into late sleeping hours, disrupted sleep patterns, and shorter sleep cycles. This is especially true for working adults between 25 and 45 years of age. We have brought back the Sleep Internship in its second season, to remind people to not relegate sleep to the bottom of their priority list.” He adds. “We aim to drive home the message that sleeping is a serious job. Just like any other job, it can be both, satisfying and rewarding, when done right. However, it needs an ideal ecosystem – something that Wakefit.co has been building over the last five years. The extraordinary response to our Sleep Internship program in 2020 has encouraged us to take forward this important conversation with season 2.” The inaugural season launched in 2020 had received close to 1.70 lakh applications from across the world, with applications pouring in from about 30 countries. With the stakes getting bigger this year, we can only imagine the competition that lies ahead. The hunt for the super sleepers to be part of the ‘Wakefit Sleep Internship 2021-22’ has begun. Are you ready for the challenge?

Wakefit brings back its sleep internship; this time, you can earn Rs 10 lakh by sleeping

<ul><li>Wakefit launched in 2016 and was built on the tenets of innovation, research, customer feedback, and quality supervision.</li><li>On the back of effective marketing and an innovative line of products, the startup is confident of earning ₹220 crore in revenue in FY20.</li><li>Chaitanya Ramalingegowda, Co-founder and Director, Wakefit.co walks us through the startup’s marketing and growth strategy.</li></ul>Wakefit.co, a sleep solution company that has been in existence since 2016, went viral for a clever campaign it came up with recently. The startup was offering to pay ‘sleep interns’ ₹1 lakh for sleeping at their job, literally. Candidates were expected to sleep for 9 hours on their mattress for 100 days. The objective? To analyse sleep patterns to come up with products better suited to solve consumer pain-points. That the initiative was a success is perhaps clear from the kind of attention it got, not just in India, but abroad too. And now that the startup has captured people’s attention, it wants to start building conversations around sleep health while educating people about the importance of a good night’s sleep. The mattress industry, that is poised to cross ₹14,000 crore by 2021, has largely been an unorganized sector, with lots of local players. It is also a segment that hasn’t witnessed a lot of innovations in the recent past. That is where Wakefit wants to make a difference. We recently caught up with Chaitanya Ramalingegowda, Co-founder and Director, Wakefit.co. He spoke to us, not just about the brand’s journey so far but about its upward growth trajectory in the past few years. While the startup ended FY 17 at ₹6.75 crore in revenue, it is confident of making ₹220 crores in revenue in FY20. He also spoke to us about the marketing strategies it will employ to ensure that people take their sleep, or the lack of it more seriously. Edited excerpts: Q) Your 'Sleep Internship' campaign has turned out to be quite a clever way of capturing the attention of the media and consumers alike. What was the thought behind the initiative? What kind of reactions are you seeing to it? We are a sleep solutions company – passionate about sleep and one of our key objectives is to bring sleep into the everyday consciousness of people. The most common casualty of our fast-paced, social media fuelled lives is our sleep. As a company we wanted to remind people about the importance of a good night’s sleep and spark organic conversations about the need to make sleep a health priority without sounding too preachy or boring. At Wakefit.co, we celebrate the love for sleep and wanted to applaud people who are as obsessed about sleeping well as we are. This spurred the idea of the sleep internship campaign. The initial reaction towards this internship was complete disbelief and we saw many people disregard the authenticity of the campaign and considered it a hoax. However, over time, as we addressed each query and skepticism, we began receiving queries about the JD, KRA, performance measurement etc., and soon we were inundated with applications for the job. Interestingly, many were sceptical of being able to sleep for about 9 hours every night (a key performance indicator in this internship), which is a sign of the unhealthy lifestyle habits of our generation Q) What has your marketing strategy been so far? How have you been communicating with your consumers? Our marketing strategy stems from the business focus on customer-centricity. Our key objective has been to understand customer pain points and gaps in the sleep solutions market and our core strategy has been to take an educative stance of ‘The More You Know; The Better You Sleep’. This essentially means that a significant focus of our marketing strategy is on educating people about the knowledge and science of sleep and empowering them with information to do their own research and take a decision that is best for them. The ‘Sleep Internship’ campaign is based on this larger strategy and endeavours to make sleep health a topic of conversation and action in households. Q) You launched Wakefit in 2016. How has the journey been so far, considering you have entered a space that has quite a few well-established players? We launched in 2016 with a vision to help India sleep better. Unlike other players in the market, our company philosophy is built on the tenets of innovation, research, customer feedback and quality supervision. Beyond everything, we believe that a good sleep is not just a rich person’s dream. Despite the Rs 10,000 crore market which is growing steadily to cross Rs 14,000 crore by 2021, the mattress industry is a segment that largely comprises unorganized players. This is also an industry that has not witnessed much innovation until recent years. Additionally, this industry is also characterised by numerous gaps at various points from pricing, quality adherence to standardisation. This drove us to start a company that endeavors to beat and surpass existing industry norms. Our direct-to-consumer business model looks at sleep from a holistic standpoint. Wakefit.co was launched with the idea of bringing sleep solutions to people at affordable prices and to raise awareness about the science behind a ‘restful sleep’. In order to do this, we structured our business in a way that it democratized our products and made it affordable for the masses. Our products are designed and priced such that they are accessible to a household with a monthly income of Rs 30,000 and above. Q) How has the 2019 been for Wakefit, in terms of performance - sales and growth? We have been fortunate to record encouraging growth numbers with a 3x rise year-on-year in revenues. Having gone from recording Rs 6.75 crores in FY 2017 to posting revenues of Rs 27 crores in FY 2018, we have maintained our growth trajectory to close FY 2019 at Rs 81 crores and are expecting to close FY 2020 at more than Rs 220 crore. This growth has come at a rapid and sustainable pace, with over 5 lakh customers catered to as of 2019. This has been achieved by a strong 600+ member team that has strived to uphold the principles of product excellence and customer-centricity. We service over 19,000 pin codes across India and have carried out business operations across the country, having maintained EBITDA profitability since inception. Q) In the next year are you going to modify your marketing strategy? Will you be using the traditional mediums to reach out to your consumers? We don’t really intend to change our larger marketing strategy, which is to use out-of-the-box and creative ways to bring sleep back into public consciousness. We will continue to concentrate on our core value of empowering customers with accurate information and presenting it in an interesting manner. As a fairly young company, we definitely believe in the integrated marketing communication model and will employ the optimal marketing mix to get the best possible results. Digital media will continue to be a key focus, with specific emphasis on content marketing. On-ground activations and traditional media will also be marketing drivers in the year to come. Q) You call yourself a sleep solutions company. How are you different from other players? We are a company which is constantly innovating based on consumer data and feedback. In fact, when Wakefit.co was launched, Ankit and I had personally delivered the first 100 mattresses to understand customer mindsets. Our strength and differentiation will continue to be our razor sharp focus on doing what is best for our customers. Research, both national and global, point to the fact that Indians are sleeping less and sleeping on poor quality products. They’re sleeping less due to increasing levels of stress while sleep-related products available in the market are either of poor quality or are extremely expensive. This is where we come in, with a motive to provide cutting-edge sleep products, educate people further and become thought leaders in this not-so-organised sector. We are aiming to spark conversations and create awareness around the space, which is likely to benefit the entire ecosystem. Another key focus area for us is to create a pioneering umbrella company where all of a customer’s sleep needs are taken care of, rather than them having to buy different products from different companies. Q) What kind of growth have you been witnessing since your launch? Our growth numbers, since inception, have been as below <ul><li>Ended FY 2017 at Rs 6.75 crore in revenue</li><li>Ended FY 2018 at Rs 27 crores in revenue</li><li>Ended FY 2019 at Rs 81 crores in revenue</li><li>On track for FY 2020 for Rs 220 crores in revenue</li><li>More than 5 Lakh customers served over 4 years </li></ul>Q) What new can we expect from Wakefit.co in the next few months/quarters? We are looking at the year 2020 as a year of growth and our focus will continue to remain on educating and spreading awareness around sleep health. We are aiming to create further thought leadership focused conversations through our future campaigns and like our previous campaigns, they too will be fun, witty and engaging. Sleep is an often misunderstood and a highly debated topic in healthcare, but today there is a gradual shift of perception and this topic is slowly coming under the healthcare spotlight. We intend to leverage this and be at the forefront of this change in conversation. Additionally, we will also look to expand our product portfolio in the next few quarters. Q) What is your vision for Wakefit.co? Where do you want to take it in the next few years? Any plans of expanding to global markets? Our vision is to enhance the quality of sleep among Indians and make great quality sleep affordable for households with a monthly income of as low as Rs 30, 000. At the moment, we are looking to penetrate deeper into the Indian market and make great sleep accessible to as many Indians as possible. We are especially looking at Tier II and Tier III cities as growth drivers, which currently constitutes about 25% of our business. Q) Are you already making profits? If not, by when do you expect to become profitable? With our current business model and financial prudence, we have remained profitable since 2016.

How Wakefit.co is using marketing to make sleep health a topic of conversation in every household

<ul><li><keyword id="7239876" type="UNKNOWN" weightage="20" keywordseo="WAKEFIT-CO">Wakefit.co</keyword>, the sleep solutions startup, is back with the second season of the <keyword id="8382952" type="UNKNOWN" weightage="20" keywordseo="sleep-internship">sleep internship</keyword>, where it’s asking candidates to nap for 9 hours a day for 100 days.</li><li><keyword id="128682" type="COMPANY" weightage="20" keywordseo="Netflix">Netflix</keyword>’s popular show <keyword id="9578486" type="AGENCY" weightage="20" keywordseo="Indian-Matchmaking">Indian Matchmaking</keyword>’s face reader – Pandit Janardhan Dhruve will be vetting the interns in the first round.</li><li>Over 10,000 people have already registered for the sleep internship. Last year, the company had got over 1.65 lakh registrations. </li></ul>Remember Indian ‘sleep solutions’ startup Wakefit.co <a href="https://www.businessinsider.in/business/startups/news/wakefit-is-offering-sleep-internships-where-you-get-paid-one-lakh-for-sleeping/articleshow/72270426.cms">which went viral</a> in November 2019? Well, the startup is back with the second season of the sleep internship, where it’s asking candidates to nap for 9 hours a day for 100 days. Only this time, there is a star-studded jury. Netflix’s popular show Indian Matchmaking’s face reader – Pandit Janardhan Dhruve will be selecting the interns. Dhruve will “help the team fast track the applications of some of the lucky pre-registered candidates straight to the interview round of the application process.” Over 10,000 people have already registered for the sleep internship. Last year, the company had got over 1.65 lakh registrations. Through the internship, Wakefit will monitor one’s sleep pattern as the interns would be using the startup’s mattress. It will also offer counselling sessions and provide a sleep tracker, that will monitor the difference in sleep patterns before and after using the mattress. Once the data is shared with the startup for having slept nine hours every day for 100 days, the company will offer a stipend of ₹1 lakh. Meanwhile, the four-year-old startup Wakefit.co has massive expansion plans and is looking to create a revenue of ₹450 crore for FY21. The startup is also looking to hire over 200 people. The startup had also recently announced that it will invest ₹15 crore into building new manufacturing facilities. It already has six manufacturing facilities in India. SEE ALSO: <a href="https://www.businessinsider.in/business/news/heres-why-makemytrip-oyo-lemon-tree-and-likes-may-reap-the-most-out-of-the-long-term-recovery-in-hotels/articleshow/77670756.cms">Here's why MakeMyTrip, OYO, Lemon Tree and likes may reap the most out of the long-term recovery in hotels</a> <a href="https://www.businessinsider.in/business/startups/news/indias-unicorn-backers-are-shoring-up-their-funds-as-they-hunt-for-the-next-big-startup/articleshow/77672542.cms">India’s unicorn backers are shoring up their funds as they hunt for the next big startup</a>

This startup’s popular ‘sleep internship’ with ₹1 lakh stipend is back – Netflix show Indian Matchmaking’s face reader is the intern selector

<ul><li>Online home solutions company Wakefit teased <keyword id="6371031" type="General" weightage="100" keywordseo="ikea" source="Orion">Ikea</keyword> and the fact that’s store is located on the outskirts. </li><li><keyword id="14280410" type="General" weightage="50" keywordseo="wakefit-trikea" source="Orion">Wakefit Trikea</keyword>? It also needled the Ikea in the ad, with a snappy pun. </li><li>This is not the first time that Wakefit has engaged in viral marketing stunts.</li></ul>Swedish furniture maker IKEA received a snarky welcome, days after it opened its large-format store in <keyword id="6354321" type="General" weightage="80" keywordseo="bengaluru" source="Orion">Bengaluru</keyword>. An online home solutions company Wakefit teased it and reminded the citizens how bad the traffic is – that the store is located on the outskirts of the company – at Nagasandra. That’s 17 kilometres away from the city centre. “The traffic is bad. The weather is amazing, the best brew is at ToiT, the tastiest dosas are at CTR and the Ulsoor lake never ever freezes,” the ad started off. What stunned the <keyword id="50390" type="General" weightage="50" keywordseo="netizens" source="Orion">netizens</keyword> is the next line. “But if you are looking for the best furniture in town, all you have to do is visit one of our stores. They are not located in the outskirts of the city. Just saying. Did we mention that the traffic is bad?,” the ad says. Bengaluru’s traffic which can only be described as nightmarish as it can stall for hours at a stretch across many stretches — is a good marketing tool for an online store with experience centers within municipal limits. Wakefit Trikea? It also needled the Ikea in the ad, with a snappy pun. This is not the first time that Wakefit has marketed in a manner that went viral. Its best campaign yet is its plan to hire ‘sleep interns’ who would be offered a stipend of Rs 1 lakh, along with a prize of Rs 10 lakh for the best performer! Netizens who are always in search of good fun are amused. <div type="twitter" handle="AabhashK" handlename="Abhash K" image="http://pbs.twimg.com/profile_images/1484830983354421249/Hkanjm1p_normal.jpg" favoritecount="26" retweetcount="1" status="Wakefit's ad is fab, *and* counterintuitively it's a necessary measureCue the &quot;Double Jeopardy Law of Brands&quot; Sma… https://t.co/EeKGfrnoYW" createdat="1656051330000" id="1540217028824276998"></div><div type="twitter" handle="beastoftraal" handlename="Karthik 🇮🇳" image="http://pbs.twimg.com/profile_images/1140493276316745734/WH-6N17h_normal.jpg" favoritecount="435" retweetcount="70" status="Hahahaha, very well played, Wakefit 😂Using Swedish for a front-page ad was a wonderfully contextual touch while g… https://t.co/BWI2ofEo92" createdat="1656040158000" id="1540170172702502912"></div>Ikea has already created a splash in the Indian market. It started with its <keyword id="6354552" type="General" weightage="50" keywordseo="hyderabad" source="Orion">Hyderabad</keyword> store and expanded with three stores in Mumbai. Its Bangalore store is a large-format store with 4,60,000 sq feet of land in Nagasandra. ALSO SEE: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/wipro-icad-to-create-indias-first-digital-airport/articleshow/92435401.cms">Wipro, ICAD to create India's first digital airport — here are its features</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/auto-and-finance-stocks-can-bounce-back-even-if-the-market-crashes-in-july/articleshow/92436186.cms">Auto and finance stocks can bounce back even if the market crashes in July</a>

Welcome to Bengaluru Ikea, did we mention the traffic, says competitor Wakefit

<ul><li>Livpure, a 2012-company known for Air Conditioners and Water Purifiers, has forayed into the <keyword id="10332367" type="UNKNOWN" weightage="20" keywordseo="sleep-and-wellness-category">Sleep and Wellness category</keyword>. </li><li>We speak to Pritesh Talwar, CEO of Livpure, to find out about the challenges of launching during a global pandemic, plan to face existing competition in the category of mattresses, rising demand for Ayurveda and vision for the newest venture. </li></ul>When the whole brandverse was shifting its marketing monnies from traditional to digital mediums and shutting their stores during the lockdown, Livpure was testing the waters to launch a new product range. It realised that people are going to be stuck at homes for a longer period of time and home products are its specialty. So, it thought it would be the right time to offer a product that would make relaxing easier for consumers, remind them to maintain a proper sleep routine and eventually help them cope with stress, handle anxiety, concentrate and stay optimistic. After putting in almost two years of research, 8-year-old Air Conditioners and Water Purifiers company officially announced its entrance into the Sleep and Wellness category recently. Pritesh Talwar, CEO, Livpure, said, “There are a few facets of the business that are our guiding force. One of them is around health and wellness in general. The other two are around innovation, change and eco-consciousness. And in today’s fast-paced world, life is getting more hectic while sleep is becoming more disturbed. A lot of us do not know the consequences of less than ideal sleeping experiences over a prolonged period of time. However, this can cause several lifestyle ailments like backaches, anxiety, impaired immunity, etc. With <keyword id="10332366" type="COMPANY" weightage="20" keywordseo="livpure-sleep">Livpure Sleep</keyword>, we have introduced products including memory foam mattresses and pillows that together create the perfect environment for you to sleep like a baby!” Since Livpure already existed in the home segment, Sleep and Wellness, as Talwar said, was an interesting extension to look at. He said, “We eventually want to get to a platform where a lot of these smart devices (Water Purifier, AC, Mattresses) are talking to each other. It's an aspirational state. Given we are in the home category, we understand a little bit about the dynamics, we do have a very strong dealer distributor network, we thought that it would be a good experiment or a good business to look at. And the more we dug in, the more the principles not only on the product side, but also the principles of the brand aligned with this segment.” But why did the brand take so long to launch its products? Talwar said arranging resources was a challenge during the lockdown. “We have been working on internal R&amp;D for about two years. Our plan was actually announced earlier but given the corona situation, a lot of strategic projects got pushed out. That's why we started in July. As you know, the money is not sitting in the bank, we have to liquidate different things and find different ways to invest money in this particular segment. Across the industrial sector, there was a lot of liquidity crunch. So, investments were stuck and projects were not getting close or revenue was not achieved. So we had to delay the launch. But R&amp;D continued on a smaller scale. So we were able to at least crack a few interesting cloud projects, like the hybrid mattress, or the carbon pillow that you launched a couple of weeks back,” said Talwar. Adding to the other challenges that Livpure had to face to set up its business extension, Talwar said, “We are building a new segment, which we want to be a core segment, in addition to scaling it at the same time. So in the first two or three months, our focus was to get some of the product landing on the platform, figure out the back end, which is operations and supply chain. We didn't really push hard on creating a buzz per se. We were doing soft launches through our own Marketing Channels but most recently, we signed up with Sachin Tendulkar. He will be endorsing our three businesses as well. So that will be a more soft launch for at least the remaining part of November and December. And then we'll do a little bit more detailed launch at some point early next year.” Marketing Plan Livpure smartly soft-launched the product into the market in June when lockdown was still in place through e-commerce and started creating a little noise in the market in September. The brand is planning to go slow this year and will increase its marketing noise in 2021 with brand ambassador Sachin Tendulkar. It has already allocated four different warehouses for its Sleep business in India and all of this amid a global pandemic. It also acquired 10,000 users for Livpure Sleep. “I would say we have about 10,000 customers already in the last four months or so. And we are definitely experiencing double digit growth. And for the next four or five months, we plan to keep growing at least 40%,” shared Talwar. Livpure has started by targeting metro and Tier-I cities but would eventually go deeper into the market. Talwar said, “We are not going for a complete mass market. So we really do not sell below Rs 4,500 price point. But we will definitely go mass-premium. Later, once we start going offline, which is the 90% of the market in the sleep category, we have to go upstream and downstream. So then everyone who needs a mattress sort of falls into that bucket.” Organised and unorganised put together, the <a href="https://www.businessinsider.in/advertising/brands/article/centuary-mattresses-aims-to-expand-its-market-share-to-13-in-fy21-perform-even-better-than-last-year/articleshow/78623442.cms">mattress </a>industry in India is currently worth Rs 10,000 crore and only about 40% of the market is occupied by organised players like Wake.fit, Centuary Mattresses, Duroflex who offer more affordable options. Talwar is optimistic that their expertise in innovation and home products will give Livpure an edge. “We have a little bit of legacy because of Livguard and the brand is already known in the market. If you look at our recent water purifiers, some of them are very innovative and one in a kind. So people understand and associate the brand with credibility and longevity. We are trying to hit that same note with our products -- not only via the legacy but if through our products and our own unique value proposition. So, at the end of the day, we want the product to talk. We spend a lot of time on R&amp;D for each and every product and we tailor that to the key pain point of the customer suffering. And then get it in the right price point. So a lot of our products are very price competitive but we offer a lot more value in that product,” said he. Demand for immunity-based products Livpure announced its new product range launch with Ayurvedic Mattresses, a space it always wanted to experiment with. Ayurveda has also been the hot topic of discussion in 2020, much due to its usefulness as an immunity booster against COVID. So much so, that recently, The Rajya Sabha passed the Institute of Teaching and Research in Ayurveda Bill, 2020. Telling us the thought behind launching Ayurveda mattresses first, Talwar said, “Ayurveda is something that we were looking at, to introduce in some of our products. It has already entered various segments like food or cosmetics. So there was a white space we observed and especially in India, that there is no Ayurvedic influence in the sleep product category, you might find supplements but there is no product. So there was an opportunity we noticed in this category. And I think there's also growth in a consumer who is interested in organic and natural products. We have been observing that trend also. So those two reasons and it's all about timing. Aligning these two ideas, we thought that was a good time to start testing on the product. So the development has been happening for more than a year. We have also filed a utility patent for this product.” It will eventually launch more eco-friendly products and smart mattresses that can adjust its temperature automatically by analysing customer’s changing body temperature. Vision for the brand The company will continue to launch more environmentally-friendly products and building a safer world for the future generations. Sharing his vision for Livpure Sleep, Talwar said, “For our sleep segment, I would say that in the next three years, the guidance from our chairman, Mr. Rakesh Malhotra, Chairman and Founder of Livpure, is to make our category into the top five businesses in the country. So that's the target. We are not here to be small players. We have been investing not only in R&amp;D budgets but we have Sachin onboard as well. So we are going to be among the top five players in the 3 next years as we grow.” Livpure will also focus on increasing its offline presence by targeting one regional base in 2021, starting with metro cities.

Air Conditioner and Water Purifier brand Livpure is aiming to become one of the top five players in Sleep and Wellness Category by 2023

<ul><li>Wakefit.co is offering sleep <keyword id="771927" type="PERSON" weightage="20" keywordseo="internships">internships</keyword>, where it’s asking candidates to nap for 9 hours a day for 100 days.</li><li>One of the conditions of the internship is – no using a laptop during work hours.</li><li>Once the data is shared with the startup, a stipend of ₹1 lakh will be given to the candidate. </li></ul>Indian sleep solutions startup that produces mattresses-Wakefit.co has an opening for internships. And it’s a job that you can even do in your sleep -- literally. The company is offering sleep internships, where it’s asking candidates to nap for 9 hours a day for 100 days. And how do you land this job? You will have to convince the startup about your true love for sleep. “We are looking to recruit the best sleepers in the country who are willing to go to any lengths to make sleep a priority in their lives. The <keyword id="8382952" type="UNKNOWN" weightage="20" keywordseo="sleep-internship">Sleep Internship</keyword> initiative aims to bring back the focus on sleep health by celebrating and applauding people who obsess about <keyword id="125521" type="PERSON" weightage="20" keywordseo="sleeping">sleeping</keyword> well,,” said Chaitanya Ramalingegowda, director and co-founder, Wakefit.co. Through the internship, Wakefit will monitor one’s sleep pattern as the interns would be sleeping on the startup’s mattress. It will also offer counselling sessions and give a sleep tracker, that will monitor their sleep before and after using the mattress. To top it all - one of the conditions of the internship is – no using a laptop during work hours. Once the data is shared with the startup for having slept nine hours every day for 100 days, the company will offer a stipend of ₹1 lakh. “This initiative is another step towards making sleep an integral part of maintaining work-life balance in our lives,” said Ramalingegowda. The startup is also campaigning for the ‘Right to Work Naps’. It will also install siesta rooms at offices. It has partnered with Rentomojo and Cloudnine hospitals to collaborate for employee wellness. A <a href="https://www.businessinsider.in/wakefit-will-install-nap-rooms-at-work-as-survey-says-indians-believe-it-will-help-productivity/articleshow/70736738.cms">survey</a> conducted by Wakefit said that 86% respondents strongly advocated a nap room. They believe that it will help increase productivity. See Also: <a href="https://www.businessinsider.in/thelife/news/microsoft-office-has-four-day-weeks-can-indian-companies-replicate/articleshow/72007379.cms">Microsoft’s four-day work week idea will be good for Indians⁠— but there is a lot to be fixed before that</a> <a href="https://www.businessinsider.in/wakefit-will-install-nap-rooms-at-work-as-survey-says-indians-believe-it-will-help-productivity/articleshow/70736738.cms">This Indian startup is pushing for the ‘Right to Nap’ at work and is installing siesta rooms in offices</a>

You Searched For "wakefit sleep intern" and got 7 results

A Bengaluru auditor earned Rs 9 lakh just for sleeping, and here’s how you can too!

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Wakefit brings back its sleep internship; this time, you can earn Rs 10 lakh by sleeping

BI India Partner

How Wakefit.co is using marketing to make sleep health a topic of conversation in every household

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This startup’s popular ‘sleep internship’ with ₹1 lakh stipend is back – Netflix show Indian Matchmaking’s face reader is the intern selector

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Welcome to Bengaluru Ikea, did we mention the traffic, says competitor Wakefit

Varnika Srivastava

Air Conditioner and Water Purifier brand Livpure is aiming to become one of the top five players in Sleep and Wellness Category by 2023

Karuna Sharma

This Indian startup is offering a ‘sleep internship’ where you can nap for 9 hours and get paid ₹1 lakh

Sanchita Dash

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