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Government To Extending A Hand To Pull Out Startups Sinking From Silicon Valley Bank Crisis

Amid the growing concerns of Indian startups following the collapse of the Silicon Valley Bank (SVB), the Minister of State for IT & Electronics Rajeev Chandrasekhar on Tuesday has assured over 450 startups, venture capitalists (VCs) and other investors that he will take up their issues with the Ministry of Finance and the Reserve Bank of India (RBI), including demands of short-term liquidity needs. aaa

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