Tag: SVB

SVB collapse: Nazara Tech subsidiaries shift nearly 95% of cash deposits to external bank accounts

On March 15, gaming and sports media company Nazara Technologies reported to the stock exchanges that its subsidiaries Kiddopia Inc. and Mediawrkz Inc. had...

Nazara Tech to further diversify its cash reserves after SVB crash

According to founder and CEO of Nazara Technologies, Nitish Mittersain, the company plans to review its risk management strategy and further diversify its cash...

Nazara Tech expects no impact in performance from Silicon Valley Bank collapse

Gaming and sports media platform, Nazara Technologies, has clarified its current standing during the Silicon Valley Bank (SVB) collapse in a regulatory filing released...

Paytm CEO Vijay Shekhar Sharma confirms investment exit of Silicon Valley Bank

Recently, Business Standard, a major financial media house, broke down on the jitters that might be faced by the Indian start-ups that received investments...