Shark Tank India Faces Criticism: Investment Pledges Fail to Meet Targets

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“Shark Tank India Faces Scrutiny: Investors Deliver on Less Than Half of Investment Pledges, New Analysis Reveals”

A new analysis has shed light on the investment outcomes of the inaugural season of “Shark Tank India,” and the results may not be entirely in favor of the esteemed panel of investors. According to market intelligence firm PrivateCircle, the seven “sharks” on the show made good on only 28 out of the 65 investment pledges featured on the TV show. The total commitment was a substantial $4.87 million, but the actual investments amounted to just around $2 million as of last week. It’s worth noting that the analysis did not include debt investments.

The outlook for the second season of “Shark Tank India,” which concluded in March of this year, appears to be even more uncertain. Despite the panel of sharks promising 115 deals, the disclosure of investments to the local ministry only revealed a single investment. However, it’s important to consider that there might be several deals still undergoing due diligence and the ministry’s website may be facing technical glitches that hinder the disclosure process.

Sony Network India, the broadcaster of “Shark Tank India,” declined to comment on the analysis.

PrivateCircle’s lead financial analyst, Sumanjan Kumar, offered some insights into the findings, stating that some deals might have fallen through due to concerns in the company’s due diligence process. Additionally, certain startups may have opted to secure funding from other investors at higher valuations, bypassing the Shark Tank deals altogether.

This latest analysis is not the first criticism faced by the show, which has reportedly reached an audience of over 250 million people. Some startups that appeared on “Shark Tank India” have voiced their discontent in recent months, expressing that many investors “ghosted” them after promising investments on the TV show.

In defense of the show, Anupam Mittal, an investor on “Shark Tank India” and founder of, took to LinkedIn to highlight that 66% of the deals presented during the show’s inaugural season were successfully executed. He claimed that this figure surpassed the success rate of its U.S. counterpart, and he also emphasized that most deals typically take three to six months to materialize.

Aman Gupta, co-founder of consumer electronics brand Boat and another investor on “Shark Tank India,” also defended the show. Gupta stated that many entrepreneurs prefer to negotiate investment deals or decline them entirely after the telecast, which corroborated the findings of PrivateCircle’s analysis. At least six startups were identified as having passed on their Shark Tank deals and sought funding from different sets of investors at higher valuations.

As “Shark Tank India” navigates these criticisms, investors and entrepreneurs continue to grapple with the challenges and opportunities presented by the show, all while trying to ensure that the best outcomes are achieved for the startups looking to secure crucial funding for their ventures.

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