silicon valley bank: As Silicon Valley Bank crash hits home investors, fintechs help cash-crunched Indian startups
Top venture investors as well as larger fintech firms such as Razorpay are among those stepping up to provide emergency services to small and mid-stage startups roiled by the abrupt closure of industry lender Silicon Valley Bank in the US on Friday.In addition, investors who have backed the affected startups are advising them to open alternate bank accounts on an urgent basis in order to receive customer payments and improve their liquidity positions.Payments major Razorpay is offering zero transfer charges on its…