The aftermath of the banking crisis triggered by the Silicon Valley Bank has caused jitters in the world of venture funding.

That SVB fallout follows some numbers from a recent report showing that the annual deal volume in Singapore dropped 11 percent year on year to 651 while the total deal value dipped 3 percent to US$11 billion. Is this a sign of things to come?

Mohit Ralhan, Global CEO & Managing Partner of Singapore-based TIW Capital Group explains why Singapore will remain resilient in the face of the global VC funding slowdown.