Friday, 24 March, 2023

Indian Startups Suffer as Silicon Valley Bank Collapse Impacts Financial Services and Loans

<p>Several Indian startups are facing disruptions as a result of the collapse of Silicon Valley Bank, which was taken over by regulators last week after a handful of bad actors destroyed it. Many of the startups were relying on SVB to provide banking services and secure loans, but are now uncertain about the future of their operations. The situation underscores the importance of having a diverse range of financial partners&nbsp;as well as the need for increased oversight.</p>