Sony TV’s Shark Tank India has made a great comeback with its brand new season. The first season of the show was very successful in terms of TRP and garnered a lot of attention on social media. And one of the main reasons behind the show’s success was its unique panel of shark judges. Their fun banter as well as clashes during the pitches gained a lot of attention. The sharks made a number of investments in small businesses last season. However, this season will be different in terms of investment as sharks have faced a major financial loss in 2022. Let’s discuss about the sharks whose company’s profit declined the previous year:
1. Gazal Alagh
Gazal Alagh owns India’s first beauty skin care beauty brand ‘Mamaearth’. She founded Mamaearth in 2016 alongwith her husband. The beauty brand gained a huge number of customers within just a few years. However, the company has been in loss since 2020 which accounts for almost 2000 cores. Mamaearth was also boycotted when its official twitter handle supported actress Richa Chadha in the ‘Galwan’ tweet controversy. However, in the previous season, Gazal Alagh was the least investor. So, it will be interesting to see her investing strategies this season.
2. Anupam Mittal
3. Peyush Bansal
4. Amit Jain
5. Vineeta Singh
Apart from the above sharks, Aman Gupta is the only shark whose company is in a profitable stage. His company ‘Boat’ reportedly earned a revenue of 2873 crores in 2022 along with a profit of 68 crores.