Shyam Maheshwari stands as the visionary Founder of Nextinfinity Management Pte Ltd, a Singapore-based Family Office dedicated to fostering long-term strategic investments that empower and bolster entrepreneurs along their journey. With an illustrious history, he previously held pivotal roles as the Chief Executive Officer, Founder, and Partner at SSG Capital Management (Singapore) Pte. Limited. During this tenure, he steered SSG’s investment endeavors in India, amassing an impressive 22 years of expertise in deal sourcing, analysis, and the investment landscape.
Recent headlines were dominated by the unfortunate demise of Silicon Valley Bank (SVB). Shyam Maheshwari ssg, drawing upon his own experiences, refrained from delving into the historical context of SVB’s downfall but instead underscored the necessity for such institutions.
Having witnessed the collapse of his initial employer, Lehman Brothers, Maheshwari empathized deeply with the employees, customers, depositors, and vendors impacted by SVB’s closure. Reflecting on the widespread influence of SVB, he highlighted the significance of emails circulating updates on funding situations for portfolio companies from Venture Funds. Despite the prevailing sense of desperation and exasperation, Maheshwari recognized this as a testament to SVB’s profound impact on the startup ecosystem.
Shyam Maheshwari emphasized the arduous journey that early-stage companies and founders must navigate. Beyond fostering innovative ideas, they grapple with securing resources from angel investors or venture capitalists while inspiring a team to rally behind their vision. SVB specialized in addressing the banking and financial needs of these companies, offering a spectrum of services from basic banking tasks to sophisticated financial solutions, providing a strategic backbone for startups as they charted their trajectory toward becoming impactful entities.
Contrasting SVB’s tailored support with the rigid structures of established institutions for startups, Maheshwari highlighted the challenges faced when seeking assistance from entities geared towards supporting established businesses. He pointed out the potential lack of understanding and the inherent barriers that could hinder a startup’s growth and success.
Acknowledging SVB’s impact within the startup ecosystem, Maheshwari recognized that while there were avenues for improvement, SVB’s contribution, ranging from financial support to advisory services, was invaluable. He lamented the void left by SVB’s absence, expressing hope for the emergence of another institution inspired by SVB’s ethos, dedicated to aiding startups in realizing their dreams.