![]() The contestants on Shark Tank India are building a profitable business rather than something that is simply going to work out well in some way in the future or will be profitable later (that’s not always easy). Contestants on Shark Tank India present their business model to the investors. Shark Tank India is a popular show on the television in India and makes it very easy to get feedback from people who are interested in your product or service. The show has been produced by Studio NEXT, presented by upGrad, and is co-powered by Flipkart. Shark Tank India is hosted by Ranvijay Singh in Hindi. In response, an Indian version of the American reality show “ Shark Tank India” has been launched. India needs more entrepreneurship in order to grow. Hosted by comedian Rahul Dua, the second season of Shark Tank India airs on Sony TV from Monday to Friday at 9 pm.Startup businesses need a boost for economic development and growth in India so that entrepreneurs have support from the government on creating new businesses and growing them into major companies with high-value products or services that make a difference to people’s lives by changing. ![]() He shared, "To me, the Shark Tank India version seems like Ekta Kapoor's rendition of the more interesting US version of the show." Ankit also listed the sources of the data he used in his research and analysis in a separate second post as users had commented about his claims in the first post. The author concluded that only Aman Gupta's BoAt was the sole profitable company. Amit Jain's CarDekho posted losses of ₹246.5 crores in the financial year 2021-22.” So, to some, her credentials may seem similar to that of Ananya Pandey in Bollywood? (Did somebody hear nepotism!! rolling eyes emoji). It's her father who started it and still is its CEO. ![]() Enough said! Namita Thapar is NOT the founder of her company Emcure Pharma. He said, “Peyush Bansal's Lenskart posted a consolidated loss of INR 102.3 Cr in FY22. He added that Namita Thapar was part of her company only due to her father who was the CEO. Even Shaadi's financials are NOT known in public except for one recent report about its future IPO that may or may not arrive since one such attempt was also made in 2009.” Except for Shaadi, it seems his other brands are either dead or not making enough money, as there is minimal or no news about those in the media. Ashneer Grover was removed in 2022 from the company so these losses will be also under his leadership since he was also at the helm in FY22.Anupam Mittal is the owner of brands like Shaadi. In FY 2021, the company had recorded a total loss of ₹2,961 crore. Speaking about the former season one judge Ashneer Grover, Ankit stated, “BharatPe's total loss stood at ₹5,594 crores in FY 2022. 24000 Crore when the profits are just 14 crore !!!!!! (shocked face emoji)." Also a recent Mint news report states that they are going for an IPO at a valuation figure of INR 24000 Cr. So the company has just lately begun turning profitable. Also the company has reported a 4 crore net profit approx. Ghazal Alagh's Mamaearth for the first time since inception had posted a profit for FY22 at INR 14.44 Cr after suffering losses of Rs.1,332 crore in FY21 and ₹428 crore in FY20. He wrote, "Vineeta Singh's SUGAR Cosmetics reported a loss of INR 75 Cr in FY22 up from INR 21.1 Cr in the fiscal year FY21. Looking at each judge from season 1, he broke down their earnings of the last two years. In the US version of the show, every judge (Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O'Leary) is running businesses that actually turn a profit instead of riding on VC money or drowning in huge losses." (Also read: Netizens disagree as Shark Tank's Namita Thapar claims 'educated househelp' posted hateful comment from her phone ) A viral post on LinkedIn stated that the companies run the Shark Tank India judges are going into losses.Īnkit explained on LinkedIn why he decided to look into the financial statuses of the Indian sharks, "Shark Tank India has never worked for me as a show from its first season, unlike its US counterpart. ![]() He went on to suggest the sharks are not credible enough to give business advice to the contestants who come on the show. ![]() The author and marketer compared the Indian version to its US counterpart and shared how the companies run by the judges on Shark Tank India are actually running into losses. Last week, Ankit Uttam wrote a long post on LinkedIn on why Shark Tank India 'never worked for him'. ![]()
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