Shark Tank India Season 2 is showcasing some captivating mania with respect to shifts in India’s entrepreneurial spirit. According to a tweet by Shark Tank India the sharks have invested a total of Rs 17.58 crores in the first two weeks of the show.
Till now, Namita Thapar has invested Rs 5.03 crore. Aman Gupta has invested about 3.55 crore, Peyush Bansal about 3.13 crore, Vineeta Singh has said to be invested 2.95 crore and Anupam Mittal have infused capital worth Rs 2.92 crores till now. These numbers were shared by Shark Tank India on its Twitter handle.
The last season, which was telecasted in 2021, witnessed 67 out of 198 pitches getting funded. In all, start-ups and their founders raised Rs 42 crore. In season one as well, Thapar invested the most among all sharks. She invested Rs 10 crore across 24 deals. In terms of volumes, Gupta invested in the most number of start-ups. He closed about 30 deals. His total investment was Rs 6.7 crore. Second highest investment came from Bansal who invested Rs 8.2 crore across 27 deals.
Shark Tank India is a popular reality show that offers a platform for business personalities to present their business ideas and potentially secure funding from sharks who are a panel of investors. These sharks are business leaders and entrepreneurs who will invest their money into new and innovative business ideas. The show is based on the American series Shark Tank and has gained an audience globally.
The show is already on air and you can watch all the episodes on Sonyliv.com and YouTube. But the show is live on Sony TV from Monday to Friday.
The second season’s first episode telecasted on January 2, 2023. The show will once more give optimistic entrepreneurs a platform to hunt their entrepreneurial dreams by pitching their ideas to investors and business professionals.
This year’s judges include Aman Gupta, Anupam Mittal, Vineeta Singh, Namita Thapar, Peyush Bansal and Amit Jain. Apart from Jain, all others were part of the first season too. In the season 2, the panel does not have the last season’s two judges i.e. Sharks Ghazal Alagh and Ashneer Grover.
Lets’ know a little about them-
- Amit Jain is the CEO and Co-founder of CarDekho and also InsuranceDekho. He started the company in 2007 along with his brother Anurag Jain. It is estimated that Jain’s current net worth is nearly ₹2900 crore. With a huge net worth, Amit Jain is now the richest shark in Shark Tank India Season 2. He has more wealth than others and has become the richest shark as compared to the other five sharks.
- Namita Thapar is the executive director of Emcure Pharmaceuticals. Her current net worth is estimated to be nearly ₹600 crore. She acknowledges her duty of being a responsible citizen and has always preferred to support young and budding business dreams. Namita Thapar has always believed in health standards for women and has proved her ideologies and perceptions through her work.
- Peyush Bansal is the CEO and founder of e-commerce portal for eyewear Lenskart. His estimated net worth is close to Rs. 600 crore. Peyush Bansal launched the Lenskart.com website with embossed slogans to connect and play. Lenskart has opened offline stores across India.
- Aman Gupta is the co-founder and CMO of popular audio and wearables brand boAt. His current net worth is around ₹700 crore. boAt has shown astonishing growth and with that, it now covers 48% of the market share in this particular industry. He has been also awarded the title of Most Stylish Entrepreneur in Lokmat Most Stylish Awards.
- Vineeta Singh is the CEO and Co-Founder of Sugar, a popular cosmetic brand. According to reports, Vineeta Singh’s monthly income is around Rs 7 to 8 crores. Her annual income is around Rs 100 crores. Vineeta Singh’s net-worth is around Rs. 660 crore.
- Anupam Mittal is the founder of the matrimonial website Shaadi.com, real-estate platform Makaan.com, short video application Mauj. His estimated net worth is around Rs. 185 crore. He has also produced Bollywod movies including Flavors and 99.
The start-up ecosystem in India is the third largest in the world after the US and China. As of September 1, 2022, India houses 77,473 start-ups, as per the data provided by the Union Ministry of Commerce & Industry.
The show ‘Shark Tank India’ has sparked quite the frenzy amongst the masses, and is supplemented by the booming pace of innovation supported by the correct laws in the country.
Shark Tank seems to have been playing a role in inspiring a large-scale change in ordinary people’s thinking. We would say that the show has ingrained an entrepreneurial sentiment, stimulating minds and motivating go-getters with new ideas. The show connected regular office-going people, and could potentially trigger a wave of entrepreneurship within the population.
The show appears to have garnered enthusiasm about entrepreneurship as a viable career option amongst students of all ages. We must say that Shark Tank India has become much bigger than just a show. It catalyses the Indian startup ecosystem by unleashing the potential to spur mass entrepreneurship. Shifting the conservative mind set towards growth triggers intentional learning, which is the first step toward entrepreneurship.