Sleepy Owl raises $6.5 million in Series A funding round

Delhi-based Sleepy Owl has raised $6.5 million in Series A funding, led by existing investor Rukam Capital and DSG Consumer Partners. "We plan to utilise...funds to go deeper into our existing retail markets across India and add as we grow," its Co-founder Ajai Thandi said. The company was founded in 2016 by Ajai Thandi, Arman Sood and Ashwajeet Singh.