How a Startups Key Lender Bank- SVB Get Collapses in 48 Hours
The market turmoil caused by the Silicon Valley Bank‘s failure has led to worries that other banks may be experiencing a similar situation. Since the 1980s, SVB has been a significant lender to startups across the US. Last Friday, a massive run on deposits rendered the medium-sized bank unable to survive on its own. Sunday…
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Indian B2B SaaS Companies are Twice as Capital Efficient as Their Global Counterparts – Report by EY & Upekkha
The Indian B2B SaaS companies are optimistic about its growth prospects for 2023, with 8 out of 10 CXOs targeting Annual Recurring Revenue (ARR) growth of over 50%. This bullish outlook is driven by the industry’s focus on building and scaling capital-efficient businesses, as revealed in a report titled “Bellwethers of Indian SaaS”. A recent…