Scars of SVB collapse will take years to heal for India's founders, investors

Scars of SVB collapse will take years to heal for India's founders, investors

The main entrance of Silicon Valley Bank is pictured in Menlo Park, California, U.S. March 10, 2023. REUTERS/Michaela Vatcheva

The collapse of Silicon Valley Bank (SVB) has rattled cross-border startups in India, signalling their need to diversify banking relationships quickly and adopt better risk mitigation strategies.

Edited by: Pramod Mathew