Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups

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Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups
Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups

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Synopsis

More than a decade ago, SVB’s India dream went awry because of regulations and reciprocity issues. In hindsight, a conservative RBI may have inadvertently saved Indian startups from a bigger crisis.

In the infancy of the Indian venture capital and startup ecosystem, Silicon Valley Bank (SVB) had a more active local presence. It was an early mover with a USD54 million fund that it floated in India way back in 2006. SVB India Capital Partners, led by Ash Lilani, invested in a bunch of startups. It adopted a collaborative style and helped several VC firms set up their India operations through a corporate concierge service, according to a

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups


Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups
Why the Silicon Valley Bank collapse is a crash course on treasury management for Indian startups

Getty Images

Synopsis

More than a decade ago, SVB’s India dream went awry because of regulations and reciprocity issues. In hindsight, a conservative RBI may have inadvertently saved Indian startups from a bigger crisis.

In the infancy of the Indian venture capital and startup ecosystem, Silicon Valley Bank (SVB) had a more active local presence. It was an early mover with a USD54 million fund that it floated in India way back in 2006. SVB India Capital Partners, led by Ash Lilani, invested in a bunch of startups. It adopted a collaborative style and helped several VC firms set up their India operations through a corporate concierge service, according to a

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

New Feature
Refer & Earn

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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