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Tarun Poddar’s Foxhog Through VC Model Is All Set To Boost Rural India

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Tarun Poddar’s Foxhog Through VC Model Is All Set To Boost Rural India

Finding a small loan for your SMEs in the rural Indian region has never been so easy and that too without colleterial. 

As Managing Director at US-based venture capital firm Foxhog Ventures Corp. – which specializes in seed, early-, and growth-stage investments – Tarun Poddar finds his purpose in “helping entrepreneurs in whatever way possible” and “simplifying how consumers and businesses interact with one another through technology.” He says “Our Investment is not to generate only ROI but, meaning to invest upon the different minds. The different problems of Society should be resolved by different minds “. 

Tarun believes that ease of access to technology for a majority of India’s population is set to drive the next big opportunity for startups and investors. Enabled by easy access to affordable data packs and low-cost smartphones, more than 500 million Indians, primarily from rural India, are poised to go digital in the next couple of years.

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Foxhog’s Vision to reach Investors as affordable as reaching the data packs to rural India has become real for the last 3 months, as they have started enabling their Micro branches in rural regions of the Country. With 22 Branches across India Foxhog has enabled easy access of investors for shopkeepers to small business owners, amounts starting from 10 thousand to 10 crores.  

In the time of Unicorns, our core Business Place and Community who stays in our Indian villages must get a platform to roll on their talents to the world and this is where Foxhog comes into the place as a bridge. 

“Sustaining for 2 years with all ups and downs and fighting with all big bankers and finance sharks in the market has never been easy for me. Listening to the critics and improving myself has been a firecracker for me but that all made me stronger than ever “says Tarun Poddar. 

Foxhog has been operating in India for more than 2 years and has closed its last quarter for INR 135 Crores having more than 22 branches with the strengths of more than 350 Employees Across 6 Countries and more than 62 Portfolio Companies where they have invested and a few of them has also been acquired, their focus towards tier 2 cities for Rural Indian and the Initiation of helping Women Entrepreneurs will be proved as a milestone.

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Foxhog is also looking to expand in Europe using its newly opened Branch in Frankfurt Germany. The company also plans to expand its lending division in different rural areas of the country by opening Customer Service Point. 

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Pushpa 2 The Rule advance booking tracking better than RRR, Jawan in the US; crosses $1.4 million with 10 days to go

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Pushpa 2 The Rule advance booking tracking better than RRR, Jawan in the US; crosses .4 million with 10 days to go

Pushpa 2 The Rule has already crossed $1.4 million in advance bookings in North America even though the release is 10 days away.

Allu Arjun‘s Pushpa 2: The Rule is still nine days from its theatrical release but is already breaking box office records. The film is set for a grand release worldwide, and if its US pre-sales are any indication, it will likely get a bumper opening. The film is already tracking better than blockbusters like RRR and Jawan in the US. (Also read: Pushpa 2 trailer reactions: Allu Arjun fans predict blockbuster, cheer for Fahadh Faasil’s entry scene)

Pushpa 2’s US tsunami

On Monday, trade tracker Venky Box Office shared the film’s advance booking collections for its US premiere. Taking to X (formerly Twitter), the trade analyst tweeted, “#Pushpa2TheRule USA Premiere Advance Sales: $1,383,949 – 900 Locations – 3420 Shows – 50008 Tickets Sold.”

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By Sunday evening, Pushpa 2 had sold over 50,000 tickets in the US, with the release 10 days away. The tweet added that North American advance booking collections had crossed $1.458 million (around ₹12 crore), ‘which is a record’.

Trade analysts say that the film is set to cross $1.5 million with nine days to go, which means it is outpacing SS Rajamouli’s RRR and Shah Rukh Khan-starrer Jawan, the two biggest Indian movies in the US in recent times. Both films grossed over $15 million each in North America and are among the top five highest-grossing Indian films in the continent. Pushpa 2 is matching the pace of Shah Rukh’s other 2023 blockbuster, Pathaan, and is just behind the all-time record holder for India in the US – Baahubali 2 (which earned $20 million in the territory).

All about Pushpa 2: The Rise

Directed by Sukumar, Pushpa 2: The Rise is the sequel to the director’s 2021 pan-India hit Pushpa: The Rise. It brings back Allu Arjun as the titular anti-hero, alongside Rashmika Mandanna and Fahadh Fassil. The film, touted to be one of the biggest Indian productions ever, is set to hit the screens on December 5.

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