Sleepy Owl almost went under. It’s now brewing a comeback
The packaged coffee startup came close to running out of money in 2023. A timely course correction and its founders’ doggedness helped pull the company back from the brink.
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Amid an irrational competition brewing in India’s quick-commerce sector, the food and grocery delivery company seems to be taking a far more conservative approach compared to its peers, despite having Rs 16,000 crore in the bank.
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