Over $447 million in funding raised by 22 Indian startups last week
The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country.
Indian ports registered a growth of 4.58 per cent in the cargo handling during the period April 2017 to January 2018. Together the major Indian ports handled 560.97 million tonnes of cargo as against 536.41 million tonnes during the corresponding period of previous year.
Kolkata, Paradip, Visakhapatnam, Chennai, Cochin, New Mangalore, JNPT and Deendayal were the eight ports which registered a positive growth in traffic.
While Cochin Port registered the highest growth rate of 18.36 per cent the lowest was by JNPT at 5.95 per cent.
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Paradip registered a growth of 16.01 per cent, Kolkata (including Haldia) recorded 13.47per cent and New Mangalore traffic went up by 7.37 per cent.
The Haldia Dock Complex (HDC) registered a positive growth of 19.63 per cent – the highest among all the major ports.
During the period, Deendayal (Kandla) Port handled 90.99 million tonnes or 16.22 per cent share, of traffic volume – the highest among all ports.
Paradip with 84.57 million tonnes, JNPT with 54.52 million tonnes, Mumbai with 52.71 million tonnes, and Visakhapatnam with 52.44 million tonnes followed.
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