This Thread By Shark Tank India Finalist Akshay Shah Talks In Length About Things 'Wrong' With The Show
Akshay Shah, founder of the SEM platform, a finalist of Shark Tank India, explains in a Twitter thread why ¡®sharks¡¯ like Ashneer Grover, Aman Gupta and Anupam Mittal should have more respect for fellow entrepreneurs.
The show Shark Tank India has become one of the most popular shows in recent times. It isn't only popular for its out-of-the-box format in which entrepreneurs present their business to a panel of investors with the aim of receiving money in return for an equity stake in their companies but is also popular because of the judges famously known as the 'sharks' on the show.
However, an entrepreneur who was part of the show has shared a thread on Twitter mentioning all the things that are wrong with the sharks. The man named Akshay Shah is an SEM platform founder and Shark Tank finalist, breaks down what happens behind the scenes on the show. He also complained about how ¡®sharks¡¯ Ashneer Grover, Aman Gupta and others rejected his venture.
His thread started off by saying how he was in the show but due to some unknown reasons, his episode wasn't telecasted. He said, ¡°The show consists of a 3-minute pitch followed by a Q&A with sharks. Your pitch is designed by the channel¡¯s creative and mostly you need to stick to it and speak Hindi, at times your USP may be less but Such is the scheme of things.¡±
He also mentioned that the channel wanted for them to pitch things in Hindi so that everything is comprehensible and easy to understand for the ones watching.
The Channel will try to make your pitch as simple as possible and in chaste Hindi for the viewers to Understand. Multiple rehearsals will be done for 2 days till late nights till the Channel is sure you are good to go and some guys are given more practice and attention from the
¡ª Akshay Shah - Founder CEO, iWeb (@AkshayiWeb) February 5, 2022
However, he started off by discussing how all the sharks showed a lot of disrespect to him and his pitch. First, he talked about BharatPe co-founder Ashneer Grover who had a problem with Akshay's business since it went totally against his zero MDR business.
Grover dissed Akshay's data by saying "Data to Kilo ke Bhaav main Chandni Chowk pe bikta hai!!"
So when we said we have 700k students with us, his exact was "Data to Kilo ke Bhaav main Chandni Chowk pe bikta hai!!" My reply to Mr Grover is, sir, this is not a name place animal thing data like you might be capturing in BharatPe to show GMV and gain valuation & funding.
¡ª Akshay Shah - Founder CEO, iWeb (@AkshayiWeb) February 5, 2022
Then Akshay talked about boAt founder Aman Gupta who had a problem with the name of Akshay's company throughout the pitch.
our Less code tech name 'Agilewiz' all was a big big problem. So my reply to Aman is, Sirjee! yeh koi USB headset nai, that aasani se samaj aa jayega, thoda vakt lagega this is hightech :)
¡ª Akshay Shah - Founder CEO, iWeb (@AkshayiWeb) February 5, 2022
He then talked about Namita Thapar who was the only one who supported them but didn't want to invest because she didn't understand the tech scenario.
I want to point #ashneergrover financials to him at this point in time, 256 crores sunk in vs 6 crores revenue alive on investors and cashbags, Need I say more??
¡ª Akshay Shah - Founder CEO, iWeb (@AkshayiWeb) February 5, 2022
The best one however came from Shaadi.com CEO Anupam Mittal, who had a problem with Akshay using one Gujarati line in the entire pitch only because he is a Gujarati.
why did I say 1 line in Gujarati as if that pierced him like a bullet - to which I had to retort that I am a gujju so it came naturally (although I wanted to say go and ask the channel creative sirjee if this hurts u so much as its they who told me to speak this line in Gujarati!
¡ª Akshay Shah - Founder CEO, iWeb (@AkshayiWeb) February 5, 2022
There are seven judges on the show including Ashneer Grover, Vinita Singh, Piyush Bansal, Namita Thapar, Anupam Mittal and Aman Gupta.
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