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Anupam Mittal, Shark Tank India Judge and Shaadi.com founder-core, looked again at Shark Tank India until now. In a recent conversation, he spilled beans in the returns he has given in some of his investments.
Mittal said in a podcast that initially, people mocked the founders during the first season of the show, but from now on, it is invested in 5 Indian Tank Tank companies.
He mentioned that all these companies have an annual income rate of more than ₹ 50 million rupees.
Looking back in season 1 of Shark Tank India, Mittal said: “Let me count you honestly about the first season, without sustaining my words, nobody wanted to come to Shark Tank. People would make fun of us. Nobody wanted to come, neither as sharks, nor as founders, ”he said.
In addition, he said that the same people who looked down withdrew their words when the program was very successful. Mittal mentioned that he initially thought that people who are not financed by risk capital companies would only come in the program, such as family businessmen and moms and pop stores.
Anupam said that now, everyone has understood that Shark Tank can change the game and now everyone wants to be a ‘shark’ or an investor in the program. He also said he saw him as “Desh Sewa” and not as an opportunity to earn money when the show.
“Previously, I thought I would not earn money at Shark Tank because the best companies will not come here, but I told myself that we think about it as ‘Desh Sewa’, so whenever I arrive, maybe, maybe it is worth my time. Now, I have five shark tanks in my portfolio that are making more than 50 million rupees, the annual income execution rate.
In season 1, Mittal invested around ₹ 5.4 million rupees in 24 companies, while in season 2, invested in 25 businesses. The details of their investments in season 3 are not yet publicly available. Some of its main investments in the are Skippi Ice Pops, Sunfox Technologies, Cosiq, Thinkerbell Labs and Inacan.
