- California banking regulators shut down Silicon Valley Bank on Friday after a run on the lender.
- India's state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them.
- Two partners at an Indian venture capital fund and one lender to Indian start-ups said they are running checks with portfolio companies on any SVB exposure.
- Nazara Technologies said in a stock exchange filing that two of its subsidiaries hold cash balances totalling $7.75 million with SVB.
India tech minister says to meet startups on SVB fallout
India's state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them of Silicon Valley Bank's collapse, as concerns rise about the fallout for the Indian start-up sector.
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