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Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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NEON SHOW Assertion Not checkable as stated
Wakefit reached 21 crore INR in revenue with zero paid marketing
“Till we were doing this 21 close-up business, we had spent zero marketing. Like, there was no money involved. No Facebook, no Google, no Amazon, nothing. Like, it was going autopilot.”
Ankit Garg Sep 27, 2021 ▶ 33:49 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Contradicted
Indian D2C IPO multiples equal or beat SaaS and tech businesses
“Multipliers that people are getting when their IPOs are happening are also very, very equivalent or even better than SaaS or, you know, tech businesses.”
Ankit Garg Sep 27, 2021 ▶ 45:07 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Not checkable as stated
Garg: Traditional Indian mattress retailers marked up products 4x over material costs
“I worked for a chemical company, so I knew what is the cost of the mattress, raw material that goes inside. I realized that if X rupees, Was the price of raw material? They were selling me at Forex.”
Ankit Garg Jan 5, 2024 ▶ 14:37 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Not checkable as stated
Garg: Electricity shortages force tier-3 Indian towns to sleep by 8 PM
“We've seen that, you know, people in tier two and tier three town specifically, they generally, because I think there's a lack of electricity. In those towns, and by force, people go to sleep at eight o'clock, nine o'clock, because they can't do anything beyon…”
Ankit Garg Jan 5, 2024 ▶ 18:50 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Partly supported
Garg: Fighting with your spouse after 4 PM ruins your night's sleep
“If you want to have a fight with your spouse, have it before four PM. If you want to have it, you have it before four PM, because if you have it after that, I'm dead sure. We have the research on it. You're not going to have good quality sleep.”
Ankit Garg Jan 5, 2024 ▶ 22:31 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Contradicted
Garg: Sleeping more burns calories and drives weight loss
“More calories are burned when you're sleeping and your organs are rest and stuff like that, right? So more you sleep, the more weightless you are.”
Ankit Garg Jan 5, 2024 ▶ 42:38 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Not checkable as stated
Incumbents charged ₹50,000 for memory foam mattresses costing ₹5,000 to manufacture
“They were selling memory foam matters at that point of time with a price of 40,050 thousand, you know, a king-sized mattress with a price of 50,000. Like, I was amazed. You know, how, how is it possible that, you know, I am selling the chemicals to them. I kno…”
Ankit Garg Sep 27, 2021 ▶ 15:41 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Partly supported
Wakefit was likely the first brand to sell mattresses on Amazon India
“So I happened to be the first one probably who started mattresses on Amazon.”
Ankit Garg Sep 27, 2021 ▶ 16:54 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Partly supported
Wakefit's revenue scaled from 81 to 420 crore INR in two years
“In 19, we did 81 or 83. Then we did 200, and then we did four 20 last year.”
Ankit Garg Sep 27, 2021 ▶ 26:42 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Prediction Partly held up
Wakefit is projected to hit 700 crore INR in annual revenue
“Yeah, we expected to hit about 700 crores.”
Ankit Garg Sep 27, 2021 ▶ 26:58 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Partly supported
An early 2.5 lakh INR angel check in Wakefit returned 75 crores
“I have spent six years, 10 years not sleeping, so much of stress, but your 2.5 legs have become 75 crores.”
Ankit Garg Sep 27, 2021 ▶ 43:07 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Not checkable as stated
Amazon's algorithm guarantees initial test orders for any new seller
“Amazon algorithms are built in a way that, you know, any new seller comes, we'll definitely get at least some orders in the beginning to kind of test. I mean, they'll build the algo that everybody gets at least a chance to sell something.”
Ankit Garg Sep 27, 2021 ▶ 51:51 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Partly supported
Garg: Wakefit is probably India's second or third largest mattress maker
“Well, not, not really. I think we would be probably the second or the third largest in India.”
Ankit Garg Jan 5, 2024 ▶ 2:16 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Contradicted
Garg: People who wake up naturally always wake up during REM sleep
“If you wake up naturally, you will always wake up in REM sleep, not a deep sleep.”
Ankit Garg Jan 5, 2024 ▶ 32:29 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Contradicted
Garg: Some Wakefit customer testimonial videos have 5 million views
“Today, I think some of the videos have some 50 lakh views.”
Ankit Garg Sep 27, 2021 ▶ 24:30 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Partly supported
Wakefit grew revenue from 70 lakhs in 2015 to 23 crores in 2018
“I think in 2015 we did close to 70 lakhs 16 we did close to seven crores and 18 we did 23 crores.”
Ankit Garg Sep 27, 2021 ▶ 26:28 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Supported
Mattresses account for close to 70% of Wakefit's revenue
“Mattress would be close to 70% of the business.”
Ankit Garg Sep 27, 2021 ▶ 27:08 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Supported
Garg: Wakefit was profitable, cashflow positive, and growing 3x before 2018 funding
“We were profitable by then. We were growing already and automatically we were growing three X, like with no extra points coming in. Business was, you know, full cashflow positive.”
Ankit Garg Sep 27, 2021 ▶ 32:13 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Not checkable as stated
Wakefit's early 21 crore revenue was split evenly between Amazon and website
“It was 50, 50% from Amazon and 50% from our website. It was mixed.”
Ankit Garg Sep 27, 2021 ▶ 34:42 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Not checkable as stated
Wakefit's viral sleep internship campaign drove 200,000 applications and quadrupled traffic
“When we had gone live with this, we got about two, like, applications. Like, literally people came and filled the form. My traffic on the website went four X.”
Ankit Garg Sep 27, 2021 ▶ 48:14 How @Wakefit became a 700 crore revenue D2C brand ft. Founder, Ankit Garg | The Neon Show
NEON SHOW Assertion Supported
Garg: Shark Tank India pickle brand sells lakhs of jars from tier-3 towns
“That lady who came with Achaar, that and I think that we have been just tracking them. They do humongous sales. They, they're selling lakhs and lakhs, you know, those Dabbas of Achaars, and they all cook somewhere tier three, tier four, town of India, right?”
Ankit Garg Jan 5, 2024 ▶ 11:16 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Partly supported
Garg: Deep sleep only lasts 10 to 15 minutes per cycle
“This deep sleep is the highest quality of sleep that one gets. And this only lasts for about 10 minutes, 15 minutes in each cycle.”
Ankit Garg Jan 5, 2024 ▶ 31:38 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
NEON SHOW Assertion Supported
Garg: Drinking alcohol breaks sleep cycles and impairs physical recovery
“If you drink before sleep, and if you're drinking hard liquor, or if you're drinking beer you're, Your sleep cycles are going to be very erratic, and I think most of it goes because of what is happening inside your stomach. You are very dry, and then you will …”
Ankit Garg Jan 5, 2024 ▶ 33:37 Building a 1000Cr comsumer brand in India | Ankit Garg, Founder, Wakefit
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