Article on March 14, 2023
TV Mohandas Pai Lists 3 Lessons For Startups And Regulators To Learn From SVB Fallout
If they open bank accounts elsewhere, they must understand the risks and financial, regulatory and compliance frameworks there. India's banking backend is amongst the most robust and regulated in the world; markets like the US are not as tightly controlled
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Why A US-Bank Failure Highlights A Strong RBI
The lesson for the Indian financial institution is simple. Improve their risk management framework and have real-time analysis of the Asset Liability Management
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IT MoS Meets Over 450 SVB-crisis Hit Startups, Promises Govt Support
Union IT Minister Rajeev Chandrasekhar assures startups that they could approach CEO of MeiTY startup hub for any issues. The Minister said that the Government would do everything possible to navigate the storm caused by the bank collapse
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After SVB Meltdown, ICICI Bank Announces Startup Ecosystem Banking
ICICI with its comprehensive international presence, the ‘Startup Ecosystem Banking’ proposition of the Bank offers treasury and transaction banking solutions, lending solutions, digital integrations, handling FDI and regulatory compliances, and personal banking services for employees and founders
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Angel Investing Firm Beej Network To Invest $3 M In Startups
Beej is also planning to launch its CAT 1 Angel AIF soon. AIF Will work as a FAAS (Funding as a Service) as well
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Innover Launches Cloud-based SaaS Platform 'Innoraise' For Non-profits
With Innoraise, non-profits will be able to meet evolving members’ and donors’ expectations and build an active, engaged and enthralling user community
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Delivery Executive Roles Bag Highest Salaries In Blue & Grey Collar Segment: Report
Food, retail, and e-commerce delivery boys constitute a major portion of the blue and grey-collar workforce. Report also reveals significant differences in salaries across various cities, with the delivery worker in Bengaluru and Chennai earning relatively higher salaries
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Optimized Electrotech Secures Rs 200 M From Rajiv Dadlani Group, Others
The funds will be used to design the surveillance systems, product innovations, and also help in further business development in Aerospace and Defence sectors
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Healthtech Startup DocPlix Raises Rs 5 Cr In Pre-series A Round
The startup will use the funds to scale up, R&D and expand its operation
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'Conducting Business As Usual', Says New SVB CEO After Its Closure
The regulator transferred all deposits of the lender to the recently created bridge bank and told that all depositors would be able to access their money beginning from 13 March (Monday) morning
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