SVB Crisis Exposes Vulnerabilities in Indian Startup Financing.

After Silicon Valley Bank's abrupt closure, some venture capital firms promised to help startups make payroll, but only a few actually wired money. Non-traditional investors and smaller firms appeared to move the fastest, alongside several bigger firms that got creative in their problem-solving. Most established firms, however, didn't impress. The FDIC announced it would protect all SVB deposits by Sunday night, meaning that by Monday morning, much of the situation's urgency had passed.