The Silicon Valley Bank crisis has impacted the banking, tech, and startup sector. The collapse had a cascading effect on India’s tech startup ecosystem. Watch this Business Today Visual Story to know what Indian startups and VCs have learnt from SVB fallout.
A little over a week has passed since the Federal Deposit Insurance Corp. (FDIC) became receiver of Silicon Valley Bank (SVB) and Signature Bank (Signature), and since the issuance of.
Some Asian technology firms have disclosed cash deposits at troubled US lender Silicon Valley Bank, known for its deep ties with the sector, with most emphasizing the amounts were immaterial to their operations.