India: Motilal Oswal PE invests $14m in mattress maker Kurlon Motilal Oswal Private Equity managed India Business Excellence Fund has invested $14m (about Rs 90 crore) in mattress maker Kurlon Enterprise Ltd, the fund said in a statement on Tuesday. Kurlon makes rubberized coir, foam and spring mattresses in India. The money will be used for capacity addition, expanding the distribution network and for branding and marketing initiatives, the statement said. The funding will help the company achieve its goal of becoming the largest and the fastest growing mattress and foam manufacturer in the country while continuously improving its market share and strengthening the Kurlon brand, said T. Sudhakar, chairman and managing director at Kurlon. Established in 1962, the company has a pan-India sales and distribution network supported by four centralized warehouses, 72 sales offices and over 160 exclusive showrooms. The firm works with more than 4,000 dealers and retailers.
Kurlon has nine manufacturing facilities across Karnataka, Gujarat, Madhya Pradesh, Uttarkhand and Odisha. “Kurlon is one of the most prominent, as well as the most endearing mattress brand and is poised to benefit from the changing consumption pattern of Indians, driven by increased brand awareness and higher spending capabilities,” said Vishal Tulsyan, managing director and chief executive at Motilal Oswal Private Equity. PE firm KKR to invest $180m for 35% stake in Ramba subsidiary Lemang PSC India: Temasek-backed film producer Eros seeks dollar debt as maturities loom Australian bank Macquarie Group to buy Cargill’s global oil business Deutsche Bank considering $8.5b capital raise Australian VC sector raised $568m in 2016, sitting on $450m dry powder Singapore: Northstar PE-backed Star Engineering joins bid for Spindex Industries Vietnam: Mekong Capital to close 4 new investments in retail, transport, education Singapore: PropertyGuru to turn profitable this year after expansion spurt
Malaysian fund Khazanah arm selling $160m stake in India’s Apollo Hospitals to sell finance arm for $2.1b Exclusive: Aditya Birla Group, Lotus Renewables to launch $100m clean energy fundSetting up your new home? Explore our Modular furniture - Wardrobes> | Check Below Listed Top 10 Best Mattress Brands in India by 2017, Sleep is one of the most important aspect of every living creature’s life. A man with a proper sleep is said to be a man with all luxuries. It doesn’t matter what is your age, who you are, male or female, all humans need a great sleep and to have a great sleep, you need a great mattress. In India the variety of mattress available is too high and the industries are being flourished these days. Not for the use in the country, but also these mattresses are also being exported to several other countries. This company has two types of collects to suit the requirements of the customer. They are comfort care and health rest. These mattresses are designed by taking into account of medical advice.
They are designed to relieve the pressure points and eliminate the body aches. They offer comfort because of this luxurious design which reduces tossing and turning and makes sure that a deep sleep is guaranteed. These mattress are highly hygienic and also breathe through so highly beneficial for those who are prone to allergies. King Koil sleep systems limited is the company which markets these mattresses in India as a part of furniture manufacturing company. They are one among the leading group in the industries in furniture manufacturing. With extensive research, this brand has been successful in producing a very comfortable and healthy sleep support system. They have a wide variety of selection based on the requirements that include the popular series like perfect solution, spine support, perfect contour and natural response. It is one of the oldest mattress companies which has been prelavant over than a decade. The company being owned by real innerspring technologies private limited and is considered as one of the top selling mattress in India.
They have wide range of products such as European, organic latex mattress, galaxy bonnet pro spring mattress, sleepzone pocket mattress, sleepzone spring mattress, memory foam mattress are some of its popular products. This brand mainly aims at the smooth and good night sleep for the costumers. The mattress provides full prone support system to the body. The mattress is available in 4 different ranges namely rubberized coir mattress, luxury mattress, spring mattress and puff mattress. They are highly dependable manufacturing company and have been providing great products since decades. This company which was initially started in the year 1957 offers wide range of mattresses to the customers. It has seen a significant growth and development on the field of mattresses. The brand offers four different types of matresses based on the need of the customers that include sincere mattress, spring mattress, dual mattress and coir mattress. This mattress which adjusts according to the contour of each person is manufactured by Dunlopillo, which was the first brand to introduce latex mattress to the world in the year 1931.
Compared to a lot of other mattress this one seems more flexible and also elastic in nature provide more scope for comfortable sleep. Four major ranges that these mattresses are available in are TempSmart, Classic, Harmonize, and Fusion. Tempur-Pedic is a matress company that has been in the market since years. Memory foam is used to make the mattress which supports the person’s body and maintains spine in the prop arrangement. Tempur mattresses are available in four collections- Cloud, Contour Collection, Weightless, and Simplicity. Manufactured by Rubberized Coir Mattress Division of Kerala State Rubber Co-operative Limited, It provide great sleep for every age group especithis should be certainly prescribed for the old people. Rubco offers seven types of coir mattresses- Dosth, Safal, Yathri, Heal, Relief, Heaven and Hi-Tech. From conventional to high end luxurious to the specially manufactured orthopaedic mattresses, Rubco covers a wide arena of products. A leading brand in the manufacturing of mattress, the option a buyer gets in this company is very high.