Know about Shark Tank India
Explanations about Shark Tank India
Shark Tank is a television series related to business. It is an American Franchise of the International Format known as Dragon’s Den, which had an origin in Japan as Money Tigers in 2001. Shark Tank India was aired on SET India from 20 December 2021 to 4th February 2022. This show offered the fresh entrepreneurs to boost their understanding of the Indian market and value everything around them. The reality show demanded the entrepreneurs make a business presentation to a panel of investors also known as “sharks” who would further decide whether to think about investing in their company or not.
Who are the Sharks?
The investors who came ahead to invest in the young entrepreneur’s business are the Sharks. Now let’s get an insight into who are they and how they decided to invest valuable time in the entrepreneurs.
Shark-1: Ashneer Grover
Ashneer Grover is an Indian Businessman who is known to be the Managing Director as well as the Co-founder of BharatPe. He has completed his B Tech in Civil Engineering in the year 2004 from the Indian Institute of Technology, Delhi. He was also among the top 6 students who were selected by IIT Delhi, in a batch 0f 450, for the Exchange Program which was offered by the University of INSA-Lyon, France, for 2002-2003. The French Embassy awarded him a huge scholarship of 6000 Euros. He then completed his MBA from the Indian Institute of Management Ahmedabad in the year 2006
What is BharatPe?
BharatPe is an Indian Fintech Company that caters to small merchants and Kirana store owners in India. This company offers a range of fintech products such as QR codes for UPI payments, Bharat Swipe (POS machine) for card acceptance, and small business financing are included among services offered.
Its revenue till 2021 is estimated to be Rs 700 crores (US$93 million).
Ashneer Grover is also the founder of postpe, 12% club, & PAYBACK India.
SHARK-2: Aman Gupta
Aman Gupta is one of the successful Indian entrepreneurs who is the co-founder as well as the Chief Marketing Officer of India’s top earwear audio brand, boAt.
Education
Aman Gupta completed his B.com honours from Delhi University. He then persuaded Chartered Accountant, Accounting and Finance in the year 1998 from The Institute of Chartered Accountants of India. He then completed his MBA in Finance and Strategy from the Indian School of Business in the year 2011. He has also gone as an Exchange student at Kellogg School of Management in Northwestern University during his MBA program
The boAt is an Indian audio products brand that provides high-quality earwear products across the country. It has also been awarded as the World’s Top 5 Wearable Brands 2020 and 2021.
The net revenue of this company is Rs. 1531 crores ($206.07 million) FYI 2021.
SHARK-3: Anupam Mittal
He is the founder as well as the Chief Executive officer of Shaadi.com and People Group.
Education
Anupam Mittal has completed his Masters in Business Administrations Operations and Strategic Management in the year 1997
Anupam Gupta’s company The People Group has many businesses included under his company, the popular among them is Shaadi.com, which offers young individuals to find their perfect match. Makan.com is also among The People Group which provides top-rated services to real estate holders and buyers.
Anupam Gupta has been numerously privileged. He has also made it in one of India’s 50 Most Powerful People. The top icons of India’s Digital Ecosystem are known as top Angel Investors in the nation. Anup Mittal stands as a keen investor and he primarily invests in Tech and Brand start-ups. Till now he has invested in more than 200 start-ups.
The company’s overall revenue value is estimated to be $325 Million.
SHARK-4: Ghazal Alagh
Ghazal Alagh, the co-founder as well as the Chief Innovation Officer of Honasa Consumer Pvt. Ltd also known as MamaEarth
Education
Ghazal Alagh has completed Bachelor’s in Computer Applications from Punjab University in the year 2010.
Mamaearth is an Indian company that provides products such as healthcare, skincare and haircare products. Those products are helpful for all age groups based on the categories mentioned.
Ghazal Alagh was among the BW BusinessWorld 40 under 40 achievers list in 2019.
Mamaearth then achieved the unicorn club in 2021 with an overall valuation of more than $1 billion.
Shark-5: Namita Thapar
Namita Thapar is the Executive Director of Emcure Pharmaceuticals.
Education
After completing B.com from Savitribai Phule Pune University, Namita Thapar has perused Chartered Accountancy from ICAI. She has done her MBA from the Fuqua School of Business at Duke University.
Emcure Pharmaceuticals is an Indian multinational pharmaceuticals company that has a huge global presence in developing, manufacturing as well as marketing a broad range of pharmaceutical products across the globe
Namita Thapar is not just a successful entrepreneur but has been also awarded the prestigious “40 under 40” awards by economic times. She has also been honoured as a NextGen Leader recognised by Barclays Hurun. In 2017 Namita Thapar was privileged by being on the Women Ahead List by the Economic Times.
Emcure revenue is estimated to be around Rs 60.92 billion
Shark-6: Piyush Bansal
Piyush Bansal is the co-founder and Chief Executive Officer of Lenskart.
Education
He has completed his B-Tech in Electrical Engineering from McGill University in Canada in the year 2006. He has also completed his MBEFB, Management in 2009 from the Indian Institute of Management, Bangalore.
Lenskart is an Indian optical prescribed eyewear that provides you with top-notch unique frames and lenses. It not only revolutionised the industry of eyewear but have also given a new life to several blinds with its various initiatives of healthcare checkups.
Lenskart is now one of the biggest eye-wear stores in India and it has an overall valuation of more than $1.5 billion.
SHARK-7: Vineeta Singh
Vineeta Singh is the Chief Executive Officer, Managing Director, and Co-founder of SUGAR Cosmetics.
Education
Vineeta Singh has done her B Tech in Electrical Engineering in the year 2005 from the Indian Institute of Technology Madras. She then completed her MBA from the Indian Institute of Management Ahmedabad in the year 2007.
SUGAR is a leading digital Cosmetics brand, a cruelty-free Indian brand that manufactures its units in India and Germany, Italy, India, the USA, and Korea. SUGAR cosmetics is inspired by independent and bold women who refuse to be stereotyped.
Its overall revenue is Rs. 153 crores in 2021.
Did Shark Tank help the Struggling Indian Entrepreneurs?
Yes, if you watch the show, you will surely see the initiative done by the Indian business tachyons. It also created opportunities for the budding entrepreneurs as well as promoted the culture of Startups. It even started the inspiration for many to challenge and boost their knowledge and market values through the various marketing strategies.
And not just this, this amazing platform inspired the youngsters to make a move and start their own start-up journey. This show also gave a message that any individual should be bold while making decisions. In the end, I want to end this article with a note that Shark Tank India is a beginning. Every individual will work on their business goals- some of them with the assistance of investors and some from the feedback received by the Sharks. Shark Tank India has opened the success path for indefinite possibilities for individuals who want to start their own start-ups.
Author: aditi raj
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1 comment
It’s nice nd informative