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SVB MOVE FUNDS
ETtech Poll | 75% of respondents say Indian startups should bank locally after SVB collapseIndian startups have taken various measures to remove their deposits from the beleaguered SVB amid growing calls from industry experts and ...- Indian startups move dollars to Gift City, other countries from SVB bankApart from Gift City, startups have also moved their funds to banks in the US, in India and with overseas locations of Indian lenders on th...
- Which companies are affected by Silicon Valley Bank collapse?The collapse also raised concerns that rising interest rates could expose vulnerabilities in the global economy as a decades-long era of ch...
- Indian startups meet Rajeev Chandrasekhar to highlight issues post SVB collapseMinister of State for Electronics & Information Technology Rajeev Chandrasekhar on Tuesday met more than 400 representatives from the start...
- Roblox, Buzzfeed, other companies affected by Silicon Valley Bank collapseStartup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves th...
- Indian startups look for ways to move their funds out of SVBBanks step up in opening Gift accounts; companies considering alternative US banks too.
- HSBC acquires Silicon Valley Bank UK unit for £1The move comes after US authorities moved to shore up deposits and stem any wider fallout from the sudden collapse of its parent, tech star...
- How Silicon Valley Bank's collapse ripped through global techWhile the global effects of Silicon Valley Bank's collapse are just emerging, one thing is clear: tech startups, no matter how far apart, a...
- Chinese startups scramble for alternatives to Silicon Valley BankChinese startups and fund managers said they are still looking to move their money out of SVB once they can. Some of them are turning to bi...
- Here’s how SVB’s collapse is reverberating around the worldOn Monday, the UK moved quickly to stem fallout by selling SVB’s British unit to HSBC Holdings Plc for £1. Elsewhere companies were tallyin...
- Startups hoping for quick resolution of SVB crisis post FDIC intervention"FDIC's communication yesterday saying all depositors will get access to their funds is a relief to the startup community," said Prabhu Ram...
- Investors, fintech companies help out cash-crunched startupsLook to ease working capital freeze with emergency services for small, mid-stage firms
- SVB-Signature Bank collapse: Is a ripple effect in Indian bank stocks in the offing?Global brokerage Macquarie also echoed the view saying that amid all the gloom and doom in global banks, Indian lenders are distinguished w...
- IT MoS to meet officials from SVB-hit startups this weekThe SVB crisis has sent shockwaves across the global tech ecosystem and investor community as the bank — one of the key financial instituti...
- From Shanghai to Mumbai, tech chiefs race to contain Silicon Valley Bank falloutIn the past days, the region’s tech luminaries and family offices have watched with a mix of fear and fascination at the meltdown that engu...
- Nearly 60 YC-backed Indian startups have deposits stuck in Silicon Valley BankThese particularly include startups backed by the famed Silicon Valley accelerator Y Combinator (YC). At least 40 YC-backed Indian startups...
- Peter Thiel’s Founders Fund withdrew millions from Silicon Valley BankIt joined other venture funds that took dramatic steps to limit exposure to the now-failed financial institution. Founders Fund also advise...
- Top VCs in a huddle to discuss Silicon Valley Bank collapse, vow to be 'supportive'Tweeting the statement, Hemant Taneja, CEO, General Catalyst, said: "Several VC leaders met today to discuss the aftermath of SVB's downfal...
- US government shuts Silicon Valley Bank; Indian SaaS firms mull options to transfer depositsAs the Silicon Valley Bank (SVB) shut operations, venture capital funds checked in with homegrown startups, especially those headquartered ...
- SVB crisis: Peter Thiel’s Founders Fund advises companies to withdraw money from the bankThe turmoil followed a surprise announcement from the Santa Clara, California-based SVB that it was issuing $2.25 billion of shares to bols...
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