Ola to raise $300M more; IIT alumnus' startup will help India sleep better
2 May 2019 7:00 PM GMT
From resenting early bedtimes and naps when we were kids, we are now chasing ideal sleep. Reports suggest that most adults never get the rest they need, which can have severe health consequences. In fact, sleep deprivation can put one at risk of diabetes, heart disease, and even memory loss!
- 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.