Shark Tank India is all about helping aspiring business owners by persuading some of the biggest and most successful CEOs in the nation to invest in their venture.While BharatPe co-founder Ashneer Grover was arguably the most popular shark in Season 1, the second season of the show has replaced him with CarDekho CEO Amit Jain. Now, there is a war of words happening on LinkedIn over how deserving Shark Tank India judges actually are to helm the show.
Ankit Uttam, a bestselling author on Amazon, first wrote about the financials of businesses run by sharks. His analysis showed that some of the judges’ companies had posted large losses.
Vineeta Singh’s SUGAR Cosmetics reported a loss of ₹75 crore in FY22 up from ₹21.1 crore in the fiscal year FY21, he wrote. Peyush Bansal’s Lenskart posted a consolidated loss of ₹102.3 crore in FY22, the user wrote while adding that Amit Jain’s CarDekho posted losses of ₹246.5 crore in FY22.
Owner of companies like Shaadi.com, Makaan.com, and Mauj Mobile, Anupam Mittal does not reveal the numbers of Shaadi.com, the user says. He claims that other brands, aside from Shaadi.com, are either extinct or aren’t profitable enough.
The LinkedIn user has compared Namita Thapar with Ananya Pandey in Bollywood over “nepotism” as Thapar is not the founder of Emcure Pharma. “It’s her father who started it and still is its CEO. So her credentials seem similar to that of Ananya Pandey in Bollywood,” the user wrote.
As per the user, the only business that has been profitable from its inception is Aman Gupta’s boAt.
Ankit Uttam’s LinkedIn post has got some strong responses. One of the users slamme him for discrediting Namita Thapar. “You are discrediting Namita just because she had inherit a company.
