Primex News International

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Sakshi Patel: A Pillar of Support in the Spiritual Journey Towards Global Transformation

    December 5, 2023

    Poojara Telecom join hands with Gujarat Giants as Official Associate Partner in Pro Kabaddi League 2023

    December 5, 2023

    Progenesis, a Leading USA Based Genetic Testing Brand, Set for Mega Launch in India

    December 5, 2023
    Facebook Twitter Instagram
    Primex News International
    • Home
    Facebook Twitter Instagram
    Primex News International
    Home»Business»Mattress Brand “Kozynap” secures funding round led by Singapore based Institutional Investor
    Business

    Mattress Brand “Kozynap” secures funding round led by Singapore based Institutional Investor

    techadminBy techadminNovember 20, 2023No Comments4 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Kozynap – Making Customised Mattress for Every individual

    Kolkata (West Bengal) [India], November 20: Kolkata Based start-up “KOZYNAP” has raised an un-disclosed amount in its “seed round”. Round was led by Singapore based Institutional Investor- BeyondSeed Venture Solutions Pte. Ltd (“BeyondSeed”). Other investors in the round include founding members of India based unicorns and soonicorns, and a marquee Investment Banker from Dubai.

    KOZYNAP specialises in manufacturing mattresses which are customised as per individual’s needs on the basis of an individual’s orthopaedic concerns, age and body composition, thus ensuring optimum support and comfort levels for the end users. 

    Speaking about this investment, Kuldeep Mirani, Co-Founder, CEO Beyond Seed said “We have invested in KOZYNAP, because we see a huge need-gap being addressed by the company with its unique consultation-based approach for mattress purchase, which is best suited for an individual. We have not come across any player in the mattress industry, which provides such customised solutions. Another reason for backing this venture is the strong founding team with diversified experience and skill-sets, a necessity for a company to go into higher orbits” 

    KOZYNAP mattress brand is an outcome of rich experience of three seasoned professionals – Rajesh Singhal, Chinmoy Mallick and Sandeep Sanyal. The idea of KOZYNAP brand firmed in a series of brainstorming sessions during lockdown. KOZYNAP offers a unique process which gives the “convenience & cost benefit of online purchase” combined with touch-feel experience of offline purchase, making the whole process and experience of buying a right mattress very convenient and pleasant.

    “Capital raised in this round will be used to increase KOZYNAP’s presence in metros and Tier 1 cities, new product development, enhancing IT infrastructure and Brand building. Our endeavour is to offer premium Mattress at a substantially lower price by implementing lean management and increasing cost efficiency in production, inventory management, supply chain and logistics and pass on the benefit to end customer” said Co-founder Chinmoy Mallick, an IIT-IIM (L) alumni having 20 years’ experience in Investment Banking and Strategic Planning.

    Giving insights about the industry trend, Kuldeep Mirani, further added that “Mattress industry is at inflexion point in India and is shifting towards organised sector and the demand for quality and innovative products is on the rise. With increasing awareness about health and the relevance of sleep and sleep products for good health, people are now looking for quality mattress and are open to invest a few thousands more for a good mattress.

    “Mattress as a product is as personal for an individual as an eyewear. Every individual spends about 8-9 hours on their mattress, practically one-third of the life is spent on mattress, but still very few people have awareness and exposure of what type of mattress to buy. There are more than 20 different types of materials from which the layering of mattress can be done, each having different utility and physical property. Our team understands the requirement of the customers and advise the optimum layering best suited for them. We offer customisation options for mattress layering, shape, size, thickness, firmness level, style and fabric design, all while staying within customer’s budget” said Co-founder Rajesh Singhal, having 25 years of experience in Branding, Marketing and Channel Management. Speaking about the future strategy, he said “Product innovation and product enhancement is a key focus area for KOZYNAP. Customers love our Orthopaedic mattress and Natural Latex Mattress. These are the fastest selling product ranges of KOZYNAP. We will increase our presence in Modern Retail and in Exports segment too.”

    Visit website: www.kozynap.com 

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    techadmin
    • Website

    Related Posts

    Poojara Telecom join hands with Gujarat Giants as Official Associate Partner in Pro Kabaddi League 2023

    December 5, 2023

    Progenesis, a Leading USA Based Genetic Testing Brand, Set for Mega Launch in India

    December 5, 2023

    Nominations Live for Best Short Film Award | Submit Your Short Film to Win Rs 1,00,000 Cash Prize at Dadasaheb Phalke International Film Festival

    December 5, 2023

    Industry Minister, Uday Samant flags off the ‘Fentiro Don’t Drink & Ride Gentlemen Rally’ with a WROOM

    December 5, 2023

    Shreeji Incense: 2 Decades of Bringing Scent-sational Bliss to Indian Homes

    December 5, 2023

    Arch College of Design collaborates with Manchester Metropolitan University, UK

    December 4, 2023
    Top Reviews
    Editors Picks

    Sakshi Patel: A Pillar of Support in the Spiritual Journey Towards Global Transformation

    December 5, 2023

    Poojara Telecom join hands with Gujarat Giants as Official Associate Partner in Pro Kabaddi League 2023

    December 5, 2023

    Progenesis, a Leading USA Based Genetic Testing Brand, Set for Mega Launch in India

    December 5, 2023

    IMS Noida organised cultural events to empower student’s skills

    December 5, 2023
    About Us
    About Us
    Our Picks

    Sakshi Patel: A Pillar of Support in the Spiritual Journey Towards Global Transformation

    December 5, 2023

    Poojara Telecom join hands with Gujarat Giants as Official Associate Partner in Pro Kabaddi League 2023

    December 5, 2023

    Progenesis, a Leading USA Based Genetic Testing Brand, Set for Mega Launch in India

    December 5, 2023
    Top Reviews
    © 2023 Primex News International. Designed by Primex Media Services.
    • Home

    Type above and press Enter to search. Press Esc to cancel.