The Sleep Company To Raise INR 105 Cr From Saffron Investments, Others 

D2C mattress startup The Sleep Company is set to raise INR 105 Cr ($12.3 Mn) in its Series D funding round led by Saffron Investments.

The round will also see participation from Carillon Investments and Infinity Partners.

As per The Sleep Company’s MCA filings, the startup passed a board resolution approving the issuance of 19,093 Series D Compulsorily Convertible Preference Shares at an issue price of INR 55,130 each to raise the aforementioned amount.

Of the total INR 105 Cr, Saffron…