Foxhog CEO Tarun Poddar Speaks at United Nations | Rural India’s Economy

While speaking at the Gathering, he focused on MSME and its growth. He also spoke about Rural India’s economy and urged other countries’ representatives to use the “ VC FOR VILLAGES “ Model.

A revenue-based funding model and an interest-free debt, which can encourage startups to do business and get engaged with bankers and lenders.

He also shared some important lessons and spoke about the Indian Government. At “ EASE OF DOING BUSINESS “ 

1. Ease of doing business should not be only on social media; the reality should also say this.
2. The timeline of Company registrations and GST allotment should be reduced which may play a vital role for new startups 
3. PE firms should also come forward to provide grants on R&D projects at idea stage so startups can dare to start . 
4. If startups can focus on profit instead of burning money, this may add a new story in MSME.