D2C coffee brew maker Sleepy Owl raises $6.5-M from Rukam Capital, DSG Consumer, others

Delhi-based direct-to-consumer (D2C) company Sleepy Owl has raised USD 6.5 million in a Series-A funding round. It was led by existing investor Rukam Capital, followed by DSG Consumer Partners, also an existing investor. Dexter Capital was the exclusive financial advisor to the deal. Sleepy Owl aims to solidify its core team, build a distribution network across India, and firm up marketing initiatives. Sleepy Owl's portfolio includes Cold Brew Packs, Hot Brew Bags, Ready-to-Drink Cold Brew Bottles, Ground Coffee, Brew Box and a range of merchandise.