It becomes important to talk about Shark Tank India because it is a business reality show that airs on Sony Television in India. Which provides funds to new and emerging business ideas, entrepreneurs and businesses based on their capabilities. That is to say, there are entrepreneurs available across the country to participate in the show who feel that their business can attract the judges of the show to invest.
They apply, then some of the selected applicants are called to participate in the Shark Tank India business reality show.
During this show, the entrepreneur has to tell the judges about his business, then the judges decide how much money they can invest in that entrepreneur’s business with what percentage of equity. Either you can do it, or you can’t do it. In such a situation, those entrepreneurs whose business is doing well, but now they need money to take it to a new level. They can try to raise funds through business reality shows like Shark Tank India.
What is Shark Tank India?
Since a similar reality show is already running in America by the name of Shark Tank, and on the lines of the same reality show, this show has also been launched in India. This is the reason why it has been named Shark Tank India. The first episode of this unique reality show was aired on 20 December 2021 on Sony Entertainment Television.
Such entrepreneurs participate in Shark Tank India, who need funds for their business. And there’s a panel of potential investors who are called “Sharks” or Judges in the parlance of the show. Shark available in these panels provides funds to the entrepreneur on equity percentage. Whether to invest in a company or not, the judges of the show take the decision.
How Shark Tank India Helps Entrepreneurs?
Such talents are coming to the fore from across the country through the Shark Tank India business reality show. Those who have started their own business in spite of very difficult circumstances, and today they need funds to take that business to another level. So while on one hand lakhs of potential entrepreneurs are getting inspiration through this show, on the other hand the entrepreneurs present in the show are also getting funds for their business.
It is meant to say that on the one hand, Shark Tank India is trying to inspire the youth of the country from the existing entrepreneurs, so that the interest of self-employment or business can increase among the youth of the country. On the other hand, it is also working to provide new employment opportunities in the country by providing funds to the entrepreneurs participating in the show. By the way, understand in simple language, Shark Tank India is working to provide funds to the selected entrepreneurs in this show.
About the judges of Shark Tank India
As we all know that economic development of any country is not possible without promoting entrepreneurship. This is the reason why this business reality show named Shark Tank India has been started in India on the lines of America. And the “Sharks” or judges on this show are real businessmen/women who run their own companies, not small or big screen actors.
And today they are in a position that they can invest in any startup. So, in this article, let us briefly know about the “Sharks” or Judges of Shark Tank India who are playing a vital role in the show as investors. The show is being hosted by Rannvijay Singh.
1. Ashneer Grover:
Ashneer Grover is an Indian businessman and the founder of the famous online payment company BharatPe. Ashneer Grover started BharatPe in the year 2018 and by August this year BharatPe had established itself as a successful startup. According to one figure, the valuation of this company is currently around $ 2.5 billion.
BharatPe is a UPI based payment system, which is currently helping small merchants and businesses. Although in India also, PhonePe, MobiKwik, paytm, Google Pay etc. exist as its competitors. Starting his own company, Affl Ashneer Grover was Vice President of Kotak Bank, where he gained experience in the banking sector after working for seven years, and was then appointed as CFO at American Express.
At American Express, he served only two years as CFO and in 2015 decided to leave a corporate career to enter the startup sector and serve as CFO of Grufers’ Blink Hut and head of new business for PC Jewelers. And started his own startup in the year 2018. Ashneer Grover is known to be a dynamic and highly intelligent investor, which is why he has invested his money in over 55 startups across technology companies, healthtech, fintech, autotech, etc.
2. Vineeta Singh
Vinita Singh is a famous businesswoman of India, talking about her own company, she is the co-founder of the Indian Sugar Cosmetics brand. He was born in a middle class family of Delhi. Talking about studies, Vinita Singh has graduated in Electrical Engineering from IIT Madras and has also graduated from IIM Ahmedabad in Management studies. Since he has received higher level education from the highest and best institutions of the country. This is the reason that they were also offered jobs worth Rs 1 crore package.
But this shark from Shark Tank India gave more importance to his dreams by turning down a job offer worth crores of rupees. And to fulfill his dreams, he started a cosmetic brand named Sugar Cosmetics, which has become extremely popular at present, with a valuation of over Rs 200 crores. Apart from this, Vinita Singh is also the co-founder and director of other brands and her net worth is estimated at $ 8 million.
3. Piyush Bansal:
Piyush Bansal is the shark of Shark Tank India who was born in Delhi in a middle class family. He completed his graduation from McGill University and then did his graduation in Management from IIM Bangalore. In 2007, he started a new company of his own but that company could not run and failed. After that he worked in Microsoft, but the job could never give him any comfort, as he wanted to be a source of employment.
So in the year 2010 Piyush Bansal started his own company LensKart which is currently a popular and popular company providing Eyewear. They are also considered very smart and intelligent in terms of investment, so they have also invested in many small startups. Currently, the total valuation of his company Lenskart is estimated to be around $2.5 Billion.
4. Namita Thapar:
This Shark Namita Thapar of Shark Tank India is also a successful business lady, she has made a name for herself in the Indian pharmaceutical industry. Namita is also the CEO and Founder of Incredible Ventures Ltd. She worked for about six years with the Guide Corporation in the US, and then moved on to Emcure as a CFO.
Today Namita serves as the CEO of Emcure Pharmaceuticals, as well as a member of Fuqua’s Regional Advisory Board, a business school in India. She is also known as a speaker at various prestigious forums like Harvard Business School, Indian Institute of Management, ET Women’s Conference, FICCI, etc. His total net worth is estimated at 600 million.
5. Aman Gupta
Aman Gupta is also the shark of Shark Tank India who started his career as a sales manager of a company. Although this company was Harman International, which was considered a giant of audio products.
And they did 100 million home sales through this company’s audio products like headphones, earbuds, speakers, travel, cables, etc. Aman Gupta started his own company BOAT in the year 2016 and its first product was Apple Charging and Charging Cable, which was selling more than 60000 units per day, and this was the reason why BOAT was the best-selling product on Amazon in making its name on Amazon. being successful.
He is also known as a very prudent investor who has emerged as a prudent investor by taking prudent decisions. The shark from Shark Tank India has also invested in various startups including WickedGud, Anveshan, 10club. The valuation of his company is estimated to be around Rs 704 crore.
6. Ghazal Alagh:
The shark from Shark Tank India, named Ghazal Alagh, graduated from Panjab University in 2010 with a BCA, followed by an intensive summer course at the School of Visual Arts. In the year 2013, he also studied Figurative Art from the New York Academy of Art.
She is currently known as the founder and CEO of MamaEarth, a very popular cosmetic brand. This startup was founded by Ghazal Alagh in the year 2016. This cosmetic brand offers chemical free cosmetic products as well as baby care products. Presently the total assets of the company are estimated to be around Rs.115 crores.
7. Anupam Mittal
Shark is also a well-known name from Shark Tank India, Anupam Mittal is the founder and CEO of Shadi.com formerly known as Sagai.com. He completed his graduation in MBA in Operation and Strategic Management from Boston University. Before starting Shadi.com, he was working as a Product Manager with Microstrategy. And he served this company as a product manager for four years.
At present, Anoop Mittal has not only established Shadi.com but also Makan.com, Mauj app etc. Apart from this, he has also invested in various companies like Ola Taxi etc. According to one figure, his personal net worth is $25 million, which he receives from Shadi.com.
How to Apply for Shark Tank India
First of all, it is important to make it clear here that currently no applications are being invited to participate in Shark Tank India. Because the registration date for this season is 18, June. It was started from 2021, which was open till 21, July, 2021. And for registration, Sony Entertainment Channel has created a separate website, the link of which is given here by Sharktank.sonyliv.com.
When the registration process opens for the next season, it may be that the process is completed through this link, or it may be that the official channel will launch a different website or app. Currently this process can also be completed through SonyLiv App.
Keep in mind that the link given above for registration in Shark Tank India is the official link, apart from this, do not fall into any kind of greed, otherwise you may also be cheated. You get admission in this type of reality show only and only on the basis of your talent, business idea and not by paying any kind of fee or money, so the purpose for which you give your hard earned money before giving it to anyone. Be sure to keep proper and accurate information about it.
Question / Answer FAQ
- Question – I am not a Businessman/Woman, so can I also apply?
Answer – It does not matter whether you are currently doing any business or not, if you have a good business idea then you can apply.
- Question – Who can apply for Shark Tank India?
Answer – Any Indian citizen who has attained the age of 18 years as on the date of registration.
- Question – Can I apply more than once if I have more than one business idea?
Answer – Yes, you can do this through different phone numbers.
- Question – Are there any fees or charges to be paid while applying for Shark Tank India?
Answer – Keep in mind that the application process in Shark Tank India Season 1 is absolutely free, so the applicant does not need to pay any kind of application fee.