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Tramboo Sports, a cricket bat manufacturer, is facing legal action after allegedly making false claims on Shark Tank India Season 3. The Cricket Bat Manufacturers Association of Kashmir (CBMAK) has initiated legal proceedings against the company and Sony Pictures Networks.

Startup Accused Of False Claims After Securing ₹30 Lakh From Aman Gupta, Peyush Bansal On Shark Tank India

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The Indian adaptation of the business reality show, Shark Tank India, has seen over ₹100 crore of investments across its first two seasons, as per a Redseer report. According to the report, 27 startups that appeared on the show secured deals six times greater in value from outside investors within a span of 1.5 years.

Over ₹100 Crore Poured Into Startups By Shark Tank India: Report

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