Hemant Taneja, investor and managing partner at General Catalyst, said in a tweet that several VC leaders like Accel, Khosla Ventures, Altimeter Capital, Lightspeed Venture Partners, Mayfield Fund, Ribbit Capital, Redpoint Ventures and others met to discuss the aftermath of SVB s downfall.
Top venture capitalist (VC) firms on Saturday issued a joint statement on the collapse of Silicon Valley Bank (SVB), one of the largest US banks serving the global startup community, saying they are "deeply disappointing and .
Observing that depositors and accounts holders of the Punjab and Maharashtra Cooperative Bank (PMC) suffered unbearable financial and mental agony which has to be considered sensitively, a sessions court has denied bail to Sarang Wadhawan, who was at the helm of Housing Development and Infrastructure Ltd. (HDIL) - the bank’s biggest borrower.