PE-VC Fund Investments
D2C coffee brand Sleepy Owl raises Rs.12-Cr
New Delhi-based Sleepy Owl has raised INR 12 Cr (USD 1.3 million) in a fresh funding round from Optiscape Network Holdings, Gauri Khan Family Trust, Pramod Bhasin, and Tanvi Bikhchandani. Optiscape Network Holdings led this round with an INR 5 crore investment. Pramod Bhasin and Tanvi Bikhchandani each invested INR 2.5 crore, while Gauri Khan Family Trust contributed INR 2 crore.Founded in 2016 by Ajay Thandi, Arman Sood, and Ashwajeet Singh, Sleepy Owl offers premium 100% Arabica coffee products, focusing on convenience and flavor. Its product range includes instant coffee, hot and cold brew packs, ready-to-drink cold brews, ground coffee, and brewing kits.
Between Jan 2018 and Nov 2021, Sleepy Owl Coffee had attracted about USD 9.77 M from DSG Consumer Partners, Rukam Capital, Others.For FY25, Sleepy Owl Coffee had reported about INR 44 Cr in Operating Income and about INR 2.12 Cr in Net Loss.
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