Startup ecosystem lends a helping hand to those caught in SVB crossfire


Recur Club projections say that more than 50 per cent of Indian software-as-a-service (SaaS) companies are estimated to have a US presence, of which a majority were banking with SVB

Topics
start ups | funding | GIFT City


Aryaman Gupta & Shivani Shinde 

New Delhi/Mumbai 



SVB, Silicon valley bank

Photo: Bloomberg

Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco.

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First Published: Sun, March 12 2023. 20:34 IST


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