After SVB fallout, India tech minister plans to meet affected startups
As concerns rise about the fallout for the Indian start-up sector, India's minister of state for technology said he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's collapse. California banking regulators shut down Silicon Valley Bank (SVB) on Friday after a run on the lender, which had $209 billion in assets at the end of 2022, with depositors pulling out as much as $42 billion on a single day, rendering it insolvent....