Exciting news! Shark Tank is now coming to India! Budding entrepreneurs can showcase ideas and get investments from sharks on the same platform. The show is produced by Studio NEXT and will be aired on Sony Entertainment Television Channel. In this Indian reality TV show, entrepreneurs will present their business models to the panel of investors, aka the sharks. In addition, entrepreneurs get feedback and advance their businesses on Shark Tank Season 3. They will try to impress the judges with their creative ideas and gain investment for their business.
Starting a new business following your passion can be exciting yet challenging, like in Shark Tank Season 3. Success requires hard work, talent, persistence, and ongoing investment. Moreover, unfortunately, finding investors isn’t easy, regardless of the size of your business.
It’s a popular American TV show that helps entrepreneurs find investors for their businesses, and guess what? We’re getting our very own Indian version of the show! Firstly, this article discusses Shark Tank India, its judges (“sharks”), and its potential success compared to the American version. Furthermore, the show now has more sharks than ever, each with their unique expertise ranging from pharmaceuticals to hospitality. As a result, entrepreneurs will not only have the chance to secure bigger investments but also attract the sharks to invest in their businesses.
Shark Tank Season 3 Episode
The latest episode of Shark Tank India season 3. In this episode, the co-founders of ‘Competition’, Neeraj Saini, Mohit Kumar Tyagi, and Amit Bijarnia, introduced their JEE/NEET preparation platform for students. ‘Competition’ is an Ed-Tech platform that helps students prepare for JEE and NEET exams, and it’s been making a positive impact on the lives of many students.
During the show, they discussed how ad tech platforms are not meeting the needs of students and are just focused on earning money. The co-founders have been working in the field for around 20 years and have been developing their platform for the last 3 years. It’s great to see their dedication and passion for helping students succeed. The competition offers online coaching to students for Rs 30,000, which is a great deal considering the same education is available through offline coaching for Rs 3,00,000. This platform is a game-changer for students who want to excel in their JEE/NEET exams.
The group is requesting Rs 2 crore for 1% equity, which was quite surprising for the Sharks. When Anupam asked about their claim that other Ad-Tech companies are only money-minded, he was curious about their strategy for generating returns on their investment. Mohit Kumar Tyagi responded confidently that they have 1 million followers on their YouTube channel. However, Aman interrupted and pointed out that other brands have around 20 million followers. Read More Articles https://trendingbites.in/
Mohit tried to justify their platform’s focus on serious education rather than Shayari and poems, but Vineeta disagreed and revealed that focusing on Shayari and poems is part of their engagement strategy. She explained that entertainment can educate the masses about business and its terms, just like “Shark Tank.”
Shark Tank India
Vineeta emphasized that education and entertainment complement each other and are intertwined. Additionally, Anupam inquired about their business model; subsequently, the group disclosed that 2,055 Competishun students entered IIT in 2023. Initially, they started their business in 2020 and now have around 18 faculty members.
Vineeta questions entrepreneurs mirroring money-driven Ad-Tech firms they oppose. The Sharks become a bit annoyed with the trio repeatedly putting other Ad-Tech companies down. Azhar even asks, “Do you ever feel like you’re the only ones working, and nobody else is contributing?” Amit Bajarnia praises Physics Wallah’s work. As per the Report by TimesofIndia
When asked about Physics Wallah, Mohit explains their business, but Piyush says, “You explained Physics Wallah’s business so well, but you couldn’t explain your own business as clearly.” When Mohit continues to put down Physics Wallah, Piyush gets annoyed and advises them to focus on their own business. Both Piyush and Azhar decide to exit the deal.
On the other hand, during his turn, Aman suggests that the entrepreneurs started their business due to “FOMO.” Additionally, Anupam was puzzled by how their business model differed from others as he questioned why teachers shouldn’t also be making money. He suggests they might be all over the place. Unfortunately, they didn’t end up securing any deals.
Shark Tank India Judges
Excitement is brewing as Shark Tank India gears up for its third season! The Indian version of this popular show invites aspiring entrepreneurs to pitch their ideas to a panel of successful investors, or “sharks,” in hopes of securing potential investments. Everyone is curious about the net worth of the esteemed panel of judges, who are all accomplished entrepreneurs themselves. Deepinder Goyal’s net worth is Rs 2,030 crore, while Vineeta Singh is worth around Rs 300 crore.
Ritesh Agarwal – Rs 16,000 crore
Ritesh Agarwal, the visionary behind OYO Rooms, is one of the youngest self-made billionaires in the country. He founded OYO at the young age of 20, after launching Oravel Stays. Now, at just 29 years old, he has a net worth of Rs 16,000 crore. This achievement is truly remarkable and a testament to his entrepreneurial brilliance.
Amit Jain – Rs 3,000 crore
Another judge on the panel, Amit Jain, has a net worth of Rs 3,000 crore and brings a wealth of experience to the table. He co-founded CarDekho in 2007 and has shown impressive entrepreneurial grit, coming a long way from his early days in Jaipur to studying at IIT Delhi. As per the Report FinancialExpress
Deepinder Goyal – Rs 2,030 crore
Additionally, Deepinder Goyal, the CEO of Zomato, has a net worth of Rs 2,030 crore. Transitioning from his days at IIT Delhi to spearheading Zomato’s evolution, Goyal’s entrepreneurial prowess is unparalleled.
Aman Gupta – Rs 700 crore
Next, we have Aman Gupta, the co-founder of boAt, who brings his expertise and a net worth of Rs 700 crore to the Shark Tank table. Gupta’s journey from finance to co-founding boAt symbolizes the spirit of innovation.
Shark India Season 3 Cast
Peyush Bansal – Rs 600 crore
Peyush Bansal, the co-founder and CEO of Lenskart, joins the panel with a net worth of Rs 600 crore. From his beginnings at IIM Bangalore to Lenskart’s meteoric rise, Bansal embodies entrepreneurial resilience.
Namita Thapar – Rs 600 crore
Namita Thapar, the Executive Director of Emcure Pharmaceuticals, boasts a net worth of Rs 600 crore. With a background in finance and leadership roles at multinational corporations, Thapar’s strategic acumen enriches the Shark Tank panel.
Vineeta Singh – Rs 300 crore
Vineeta Singh, the CEO of Sugar Cosmetics, brings her entrepreneurial flair and a net worth of Rs 300 crore to Shark Tank. Singh is a trailblazer in the beauty industry, and her journey from IIT Madras to Shark Tank exemplifies visionary leadership.
Anupam Mittal – Rs 185 crore
Finally, in addition, we have Anupam Mittal, the founder of People Group, who adds his expertise and a net worth of Rs 185 crore to the Shark Tank panel. With a legacy of successful ventures including shaadi.com, Mittal’s journey from MBA to angel investor underscores his entrepreneurial spirit.
Moreover, it’s inspiring to see such successful entrepreneurs coming together to support and invest in the next generation of talented individuals. Consequently, we can’t wait to see what exciting new ventures will be presented in the upcoming season of Shark Tank India!
