Shark Tank India S1: 67 Out Of 198 Get Investment; 43% Have At Least One Woman Co-founder
It's safe to say that Indian version of Shark Tank has proved to be a huge hit. And while the first season ended a couple of days back, the series hit the right notes, mostly.
It's safe to say that the Indian version of Shark Tank has proved to be a huge hit. And while the first season ended a couple of days back, the series hit the right notes, mostly.
The show featured self-made multi millionaires including Anupam Mittal, founder of Shaadi.com, as panellists who decide whether to invest in contestants¡¯ business ideas based on their presentation.
Shark Tank India
Anupam Mittal has now taken to Instagram to share the total amount that he invested on the show. He also revealed the percentage of entrepreneurs who bagged investments from the show. He shared a series of photos from the data collected from the show.
He wrote, ¡°As the curtains come down on #SharkTankIndia S1, it¡¯s evident that India¡¯s entrepreneurial decade has just begun to unfurl. I¡¯ve been reflecting on the opportunities we¡¯ve created, the conversations we¡¯ve started and most importantly the fire we¡¯ve sparked with the show. I believe that the show has been the catalyst that will change India¡¯s entrepreneurial landscape forever.¡±
In the post, he revealed: ¡°67 out of 198 pitches scored deals on the show. 59 [87%] had founders with no IIT/IIM degrees, 45 [67%] had at least one co-founder <25 years, 40 [60%] had never been funded previously, 29 [43%] had at least one woman co-founder, 20 [30%] were from Tier II/III & rural India and 18 [27%] had couples/families as co-founders.¡±
Anupam then went on to reveal his personal details about the investments he made.
¡°My personal statistics are committed 5.4 Crs in 24 Cos, 70% are led by Youngpreneurs, 50% by Womenpreneurs & 30% in companies founded by Couples and Familes. (Appears like our People Interactive purpose of ¡®#Togetherness¡¯ is permeating into my investing choices as well). Anyway, I couldn¡¯t be more proud of contributing to #IncredibleIndia and our amazingly passionate entrepreneurs. The wheels are turning, and India is at the forefront of this revolution. Last year, we had the highest ever inflow of PE/VC Capital and I expect this year will be better. This is #india2022, let¡¯s seize it," he wrote.
The Shaadi.com founder also said that the "wheels are turning, and India is at the forefront of this revolution."
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