Tag: silicon valley affect on indian startups

The implications of the collapse of SVB on Indian-Americans and their companies are very serious.(Bloomberg)
Posted in Business

SVB Financial group seeks bankruptcy protection amid banking crisis

SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after…

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Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrashekhar.(ANI/ Representative Image)
Posted in Business

How much deposits Indian startups have in SVB? Minister replies

Reuters | | Posted by Singh Rahul Sunilkumar Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country’s deputy…

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