Shark Tank India

Introduction

Shark Tank India is a popular reality show that brings together budding entrepreneurs and investors in a high-pressure pitch environment. The show is based on the original American version but with an Indian twist. It features some of the most successful business tycoons and investors in the Indian market, known as sharks. In each episode, different entrepreneurs have the opportunity to present their business ideas and products to the sharks, who then evaluate and offer investments in exchange for equity in the company. The show provides a platform for innovative business ideas to gain exposure. At the same time, the sharks offer valuable insights and funding opportunities to help entrepreneurs take their ventures to the next level.

Table Of Contents

• Details

• Concept Play

• Registrations

• Auditions

• Release Date

• Contestants

• Judges/Sharks

• Crew

• Predictions

• Seasons/Judges/Winners

• Behind The Scenes

• Controversy

• Conclusion

Details

Concept

A group of accomplished business magnates, known as Sharks, assess the pitches of ambitious entrepreneurs who present their innovative business or product ideas on the show. The sharks evaluate the pitches and decide whether to invest their money in the business in exchange for a percentage of ownership. Shark Tank India provides a platform for innovative and driven individuals to showcase their ideas and potentially receive funding and mentorship from experienced investors.

Registrations 2023

• To register for Shark Tank India, download the SonyLIV app or visit www.sonyliv.com and click on the registration banner.

• Once agreed to the show's terms and conditions, it will direct to an online registration form. Click on 'Start' and complete the profile information form.

• Fill out the 'About Your Business' form to describe the business model and provide as much information as possible.

• Finally, write the business idea in one sentence.

• Please note that the mobile number is active and accessible since all communication regarding the show will be sent to that number. 

Auditions

The first phase of the selection process in Shark Tank was registration. The second round of auditions requires a 3-minute video pitch to provide more in-depth information to the producers. Once the selection has been narrowed down, the applicant proceeds to the third and final round.

The third round consists of a face-to-face interview that will take place in selected cities. The Shark Tank India team will inform the candidate of the city where they must appear for their audition.

Documents supporting funds raised, bank loans, or other investors must be presented, in addition to any relevant trademark and intellectual property certifications. Once selected, the finalists will be called to the Shark Tank studio in Mumbai to deliver their final pitch to the judges.

Release

The first season of Shark Tank India aired for 36 days on the Sony Entertainment channel from 20 December 2021 to 11 February 2022, Monday to Friday, at 9 pm. The second season first aired on 2 January 2023 and is ongoing, with its latest episode aired on 16 February 2023. The program's running time is between 40 to 45 minutes. The show's first promo was released on 24 November 2021 and will be entirely broadcast in Hindi. Viewers will also have the option to catch repeat telecasts from Monday to Friday.

Contestants

Season 1

Season 2

Judges/Sharks

The judges/sharks on the show have been listed below:

• Ashneer Grover: He is the co-founder of BharatPe, a company that revolutionised the payment process in India with UPI payments. 

• Aman Gupta: He is the co-founder of Boat, a company that sells audio and wearables.

• Anupam Mittal: He founded shaadi.com, a company that provides matrimonial services.

• Ghazal Alagh: She is the founder of MamaEarth, a company that deals with skincare products.

• Namita Thapar: She is the head and ED of Emcure Pharmaceuticals.

• Peyush Bansal: He is the CEO of Lenskart.com, a company that deals in eyewear.

• Vineeta Singh: She is the CEO and founder of SUGAR cosmetics.

• In the second season, Ashneer Grover and Ghazal Alagh were not seen on the bench.

• We saw a new face in the 2nd season- Amit Jain. He is the CEO and Co-Founder of CarDekho, a company that helps you buy used or new cars. 

Crew

• Cinematography: Sukhvinder Singh Chauhan.

• Music: Aditya Pushkarna.

• Editor: Dongrej C. Gor.

• Hosts: Abhish Matthew (1st season), Rahul Dua (2nd season)

Predictions

There are no winners in this show. The contestants pitch their business idea and try to receive shark investments.

Seasons

Behind the Scenes

In a recent Twitter post, the founder/CEO of iWeb shared that he was treated unfairly, and his pitch was not aired. He also said that the behind-the-scenes of the show is different. He tweeted that the showrunner designed the 3-minute pitch for the entrepreneurs, which they have to stick to and follow, even if the USP gets light. He also shared that multiple rehearsals are done, and some get more attention, time and practice.

Controversy

• Shark Tanks judges, known as sharks, have also stirred a bit of controversy. In one episode, the Co-Founder at Bharatpe, Ashneer Grover, called a contestant, Shakaal (a villain in Hindi films), due to the contestant's bald look. Many viewers did not appreciate this remark.

• In another episode, the Founder & CEO of Shaadi.com remarked on the pitch by Rohit Warrier that the product was a solution looking for a problem. All the sharks agreed upon this exclamation. Furthermore, Ashneer Grover was disappointed in the contestant for wasting this opportunity.

Conclusion

Shark Tank India is an entertaining and informative television show showcasing entrepreneurial spirit. Through the show, viewers can learn about different business ideas, the challenges entrepreneurs face, and their strategies to overcome them. Shark Tank India is a great example of how television can be used to inspire and promote innovation for aspiring entrepreneurs in India and beyond.

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