Comfort Grid Technologies Private Limited, operating under the brand name ‘The Sleep Company’, has raised ₹480 crore from a Series D fundraise led by ChrysCapital and 360 One Asset.

Cyril Amarchand Mangaldas advised The Sleep Company and its Founders on this Series D fundraise.

The transaction team consisted of Vandana Sekhri (Partner), Sonakshi Arora (Partner), Dhrumil Sanghvi (Senior Associate), and Associates Rishi Rathod and Tushmi Udyalak.

Khaitan & Co advised lead investor ChrysCapital Advisors LLP on this fundraise. The Firm assisted with conducting due diligence on The Sleep Company and negotiations and closing of the transaction for ChrysCapital’s investment.

The core transaction team comprised of Bharat Anand (Senior Partner), Nidhi Killawala (Partner), Mukul Aggarwal (Partner), and Ayushi Mishra (Principal Associate) with assistance from Ishaan Chopra (Senior Associate) on the ancillary aspects of the transaction and Sakshi Garg (Associate) on diligence aspects of the transaction.

Nirupam Lodha (Partner), Shivangi Narang (Principal Associate), Vanshika Thapliyal (Associate) and Rebecca Cardoso (Associate) advised on the IP aspects of the diligence.

Supratim Chakraborty (Partner), Shramana Dwibedi (Senior Associate) and Mayank Barman (Associate) advised on the data privacy aspects of the diligence.

Pranjal Prateek (Partner) and Armaan Gupta (Senior Associate) advised competition law aspects of the transaction.

The Sleep Company is a leading direct-to-consumer brand in India, specializing in mattresses and other sleep products.

The freshly raised funds will be used for the companies expansion plans.

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