Ola to raise $300M more; IIT alumnus' startup will help India sleep better

Ola to raise $300M more; IIT alumnus startup will help India sleep better
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  • Meet Cuddl, a startup by IIT alumnus Shashank Palli, that is trying to cure India's sleep deficit - one pillow at a time.
  • Bengaluru-based ride-hailing platform is planning to raise an additional $300 million, looking to raise a total of $1 billion in the Series J round.
  • Earlier this year, in March, Ola secured $300 million from Hyundai Motor Co. and Kia Motors Corp, while Flipkart Co-founder Sachin Bansal poured in $21 million in February.
  • YouTube Music downloaded over 15M times in IndiaLaunched in mid-March this year, YouTube Music has been downloaded more than 15 million times in India, said Google, as a part of its earnings call on Monday.


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