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...
14 Mar, 2023, 11.03 PM IST
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...
14 Mar, 2023, 03.05 PM IST
Indian startups look for ways to move their funds out of SVBBanks step up in opening Gift accounts; companies considering alternative US banks too.
14 Mar, 2023, 02.26 PM IST
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...
14 Mar, 2023, 11.54 AM IST
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...
14 Mar, 2023, 07.40 AM IST
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...
13 Mar, 2023, 07.10 PM IST
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...
13 Mar, 2023, 06.27 PM IST
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...
13 Mar, 2023, 05.30 PM IST
Investors, fintech companies help out cash-crunched startupsLook to ease working capital freeze with emergency services for small, mid-stage firms
13 Mar, 2023, 03.25 PM IST
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...
13 Mar, 2023, 01.07 PM IST
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...
13 Mar, 2023, 12.02 AM IST
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...
12 Mar, 2023, 02.23 PM IST
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...
12 Mar, 2023, 12.15 PM IST
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...
11 Mar, 2023, 11.18 PM IST
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...
11 Mar, 2023, 11.08 AM IST
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 ...
11 Mar, 2023, 09.56 AM IST
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...
10 Mar, 2023, 09.23 PM IST