Archive · 20 Aug 2025
Founder: Difficult Business Processes in India Cost $100K+
A startup founder, Neeraj Poddar, lost money because it was too hard to do business in India.
His company is set up in the US but has a part in India.
He found it difficult to get money from Indian investors and bring Indian advisors on board because of complicated rules.
He had to go through a lengthy process with banks and government offices.
He also had trouble giving shares to Indian advisors because of the rules.
He wants the government to make it easier and faster for startups to get money and grow.
Nimble Edge founder Neeraj Poddar says he lost over $100,000 due to difficult business processes in India.
Poddar's firm, incorporated in the US with an Indian subsidiary, faced obstacles in raising funds and onboarding advisors.
He cited the Overseas Direct Investment (ODI) process as complex and time-consuming when raising funds from Indian investors.
Poddar also mentioned challenges in offering shares to Indian advisors for US-incorporated startups due to existing regulations.
He called for reforms to streamline processes, reduce bureaucracy, and facilitate investment in Indian startups.
- Who
- Neeraj Poddar, founder of Nimble Edge.
- What
- Neeraj Poddar lost funding due to difficult business processes in India.
- When
- August 19, 2025
- Where
- India
- Why
- Difficulties in fundraising and advisor onboarding hindered his startup.
Startup Founder's Perspective
Government/Regulatory Perspective (Implied)
ODI Process Complexity
Startup Founder's Perspective
The current ODI process is overly complex and time-consuming.
Government/Regulatory Perspective (Implied)
No opposing view was stated in the article.
Advisor Onboarding
Startup Founder's Perspective
Current regulations make it difficult to offer shares to Indian advisors.
Government/Regulatory Perspective (Implied)
No opposing view was stated in the article.
- Founder
- Neeraj Poddar
- Company
- Nimble Edge
- Loss Amount
- $100,000+
- Incorporation
- US with Indian subsidiary
- Main issue
- Complex ODI process