The Sleep Company opens its 75th store in Hyderabad

RaoRao
Apr 16, 2024 - 19:19
Apr 16, 2024 - 19:34
 0  2.4k
The Sleep Company opens its 75th store in Hyderabad
Priyanka Salot Co-Founder, The Sleep Company, during 75th Outlet Inauguration

Hyderabad April 16 (RNI) The Sleep Company, India’s leading comfort-tech brand, proudly announces the  opening of its 75th store in India, in  located at Himayat Nagar in Hyderabad on Tuesday.

The new store will be the company’s 8th outlet in the city, catering to the rising demand from the residents for good quality sleep solutions. 

Stepping into the outlet, visitors will be invited to explore an extensive product array, featuring patented SmartGRID mattresses, smart recliner beds, pillows, office chairs, & recliner sofas. With two additional outlets on the horizon, the company is further prepared to expand its presence in the city.

Sleep Deprivation is a major issue across the key metro cities in India with several citizens being sleep deprived owing to their busy lifestyle, social media addiction etc. 

A Lancet study published in 2023 stated that Telangana has quite high (over 25%) central obesity and hypertension cases. 

Studies show direct correlation between lack of sleep and increase in obesity and hypertension. The Sleep Company has always endeavoured to provide science-backed, innovative, and exceptional quality sleeping and comfort solutions to all the consumers.

The Sleep Company currently has multiple stores across Andhra Pradesh including cities like Vizag, Vijayawada, Warangal & Guntur.

With Hyderabad being the second highest contributing city in terms of sales for the brand, this development is in line with the company’s strategic aim to establish a strong presence in the southern region of the country.

As seen by its six-fold growth in only two years, The Sleep Company has rapidly expanded its reach across the country in just four years. As of September 2023, its ARR of over INR 350 crores indicates a considerable leap from 60 crores in November 2021.

Priyanka Salot, Co-founder of The Sleep Company, said, The inauguration of our 75th store is a momentous occasion for us.

It not only reflects our journey of relentless innovation but also reflects our commitment to redefining the way the India sleeps. With plans to launch over 150+ stores nationwide by the end of 2024, we are poised to bring our transformative sleep solutions closer to customers across the country.

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