Popular reality show Shark Tank India has been under the pump as several accusations have been levied against the programme’s “sharks” or investors.
The shark’s own companies have been scrutinised and many have accused the entrepreneurs of heading lossmaking companies even as they look to invest in new startup ideas. However, sharks like Anupam Mittal, founder of Shaadi.com, have strongly panned such attacks.
What Does The Data Say About Shark Tank India?
Now, a new analysis of filings from India’s Ministry of Corporate Affairs by PrivateCircle Research has shown that the sharks have come through on fewer than half of the investments they committed.
See Also: Over ₹100 Crore Poured Into Startups By Shark Tank India: Report
The research findings show that on average, only around 43% of the deals made on the show have actually borne fruit.
Here are the commitments made during the show and the actual amounts invested by the sharks:
Committed Amount in Show (₹ Cr) | Total Actually Committed (₹ Cr)) | Not Honoured (₹Crore) | |
Ashneer | 5.5 | 2.0 | 3.5 |
Namita | 6.4 | 4.4 | 2.0 |
Anupam | 5.4 | 1.9 | 3.5 |
Vineeta | 3.6 | 1.2 | 2.4 |
Aman | 9.3 | 3.5 | 5.8 |
Peyush | 8.5 | 2.9 | 5.6 |
Ghazal Alagh | 1.3 | 0.6 | 0.7 |
Ashneer Grover, however, took to social media to refute the findings, saying that he had invested nearly ₹3 crore into the startups so far. For a detailed story on the report click here.
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