India sees over 226 pc surge in startup funding at $596 mn this week
The Indian startup ecosystem bounced back this week in terms of raising funds, clocking more than 226 per cent surge with securing around $596 million in total.
India dropped seven places for the overall median fixed broadband speeds globally, from 71st in July to 78th spot in August, a report showed on Tuesday.
The country, however, maintained its global ranking for median mobile speeds at 117th position, according to network intelligence and connectivity insights provider Ookla.
Overall, the country witnessed a slight increase in median mobile download speeds from 13.41 Mbps to 13.52 Mbps and overall fixed median download speeds from 48.04 Mbps to 48.29 in the month of August.
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According to the August Speedtest Global Index, Brazil registered the highest increase in rank, gaining 14 spots globally with Norway at top rank for overall global median mobile speeds.
For overall global fixed median speeds, Palestine registered the highest increase in rank, gaining 27 spots with Singapore at rank 1 in global fixed median speeds.
In July, India gained one spot in the global ranking for median mobile speeds, reaching 117th position from 118th in June.
However, India had witnessed a slight decrease in median mobile download speeds, which is 13.41 Mbps from 14.00 Mbps in the previous month.
Ookla’s Speedtest Global Index ranks mobile and fixed broadband speeds from around the world on a monthly
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