Entertainment
Journey Of The Companies Founded By Shark Tank India Judges, It’s Revenues, Profits Etc.
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Who doesn’t know about Shark Tank India these days? After the reality show’s first season turned out to be an epic hit, the second season has come back with new surprises. Shark Tank is a great show for Indian entrepreneurs to avail funds and guidance from some of the most prominent entrepreneurs in the country.
The ‘Sharks’, as the judges are called, usually ask the participant startup founders about their journey, revenues, profits, etc. on the show. Have you ever wondered the same questions about the judges? If you have, then here are the answers to those questions.
Here’s everything you need to know about the companies founded by the Shark Tank judges:
1. People Group by Anupam Mittal
Before Anupam Mittal started People Group, which created businesses like Shaadi.com, and Makaan.com, he used to work at MicroStrategy for four years.
How did Shaadi.com get started?
Everyone has heard of Shaadi.com. It is one of the most prominent wings of the People Group. The idea for the venture was all figured out by Anupam Mittal in 1996. As an experiment, he started Sagaai.com in 1997. He put all his resources into making this venture work in 2001 and also changed the name to Shaadi.com from Sagaai.com.
Shaadi.com’s funding
Shaadi.com raised $8 million from Sequoia Capital in March 2006 in an unknown funding round. Anupam Mittal had also started Mauj.com by then and raised $20 million.
Although their profit is unknown Anupam Mittal, in an interview last year, said that the business is profitable and they are planning to go for an IPO (Initial Public Offering) by the next financial year.
Thanks to Shark Tank India, Anupam Mittal become a household name and he has invested in several businesses like Ola, InstaLively, Druva, PrettySecrets, etc. He has appeared in both seasons of the show. In Shark Tank India Season 2, he has invested over ₹3.18 crores in various other businesses.
2. boAt by Aman Gupta
Aman Gupta is one of the first-generation entrepreneurs on the show. He started boAt in 2016, which is now India’s no. 1 earwear audio brand. Also after 2020, it hit a new milestone, boAt has become the 5th largest earwear audio brand globally.
How did boAt get started?
After working as an Assistant Manager at Citi Group for two years, Aman Gupta ventured into different organizations in different roles thereafter. He even started a Telemedia and a Marketing company. He founded boAt with Sameer Mehta, a lifestyle brand, in 2016. The brand, boAt, was a bootstrapped startup, which the founders started with a capital of around ₹30 lakhs.
boAt funding
boAt is currently valued at $1.4 billion, after a Series C funding of ~$60 million which is approximately around ₹500 crores. It has had total funding of around $116.3 million to date from Qualcomm Ventures, Innoven capital, Warburg Pincus, and Fireside Ventures, among others.
According to YourStory, the company has reported its revenue from operations of ₹2,873 crore for the fiscal year 2022, with a profit of ₹68.70 crores.
After appearing as a judge in both seasons of Shark Tank India he has become quite popular among the masses. Aman Gupta has invested in several companies like Licious, Shiprocket, Stage, etc. Aman Gupta has invested around ₹5.17 crores in the first three weeks of the second season itself which is also the second highest this season.
3. Emcure Pharmaceuticals by Namita Thapar
We doubt that there’s anybody who doesn’t know about Emcure Pharmaceuticals. Namita Thapar is the Executive Director of Emcure Pharmaceuticals. The company was founded by her father, Satish Mehta, in 1981.
Journey of Namita Thapar with Emcure
Namita Thapar went for an MBA from Fuqua School of Business after she completed her Chartered Accountancy. She worked for 6 years at Guidant Corporation in the USA, before she decided to come back to India and grow her family business. She joined as the CFO of Emcure and subsequently became the Executive Director of the company. She manages Emcure’s India Business which is its largest business unit.
She also leads an education company, Incredible Ventures Ltd, that teaches entrepreneurship to interested 11 -18-year-olds.
Emcure’s funding
Back in 1981, Satish Mehta started Emcure Pharmaceuticals with a loan of ₹3 lakhs, and today the company is valued at around ₹5,000 crores. In the financial year 2021, Emcure locked a revenue of ₹6,091.8 crores and earned a net income of ₹418.6 crores.
Namita Thapar has invested the most, around ₹7.32 crores, in this season till now. She has also become a household name after appearing as a judge in both seasons of Shark Tank India.
The newest judge in Shark Tank India is Amit Jain. Before he started his first venture he worked for a year at TCS as a Software Engineer and then in several roles at Trilogy for almost 7 years.
How did CarDekho get started?
The Jain brother duo, Amit Jain and Anurag Jain, started GirnarSoft in 2007. After a year, they started another venture together, CarDekho, under GirnarSoft’s umbrella, which has now become a Unicorn.
CarDekho’s Funding & Profit
CarDekho is a Unicorn with a valuation of $1.2 billion. As of the financial year 2021, the company has earned a revenue of around ₹884.4 crores. It has received a total funding of $497.5 million across 9 funding rounds. Sequoia Capital, HDFC Bank, LeapFrog Investments, etc. are among their prominent investors. For FY22, CarDekho has suffered losses of around ₹246 crores.
Although he appeared pretty late in Shark Tank, he has invested around ₹2.36 crores by the end of three weeks.
5. Lenskart by Peyush Bansal
One of the most loved judges on Shark Tank India is Peyush Bansal. After he completed his Engineering from McGill University, he started his journey as a Program Manager at Microsoft.
How did Lenskart get started?
Lenskart is a name known to all. Though Peyush Bansal started five companies apart from Lenskart, it was the eyewear retail chain that actually became a huge success for him. Peyush Bansal started Lenskart in 2010 after he completed his Master’s degree from IIM Bangalore. In October 2020, he co-founded Lenskart Vision Fund.
In 2021, he also started Lenskart Foundation, to eradicate refractive error-based blindness from every nook and cranny of the country and also provides free eye care to underprivileged children.
Lenskart funding
As of December 2022, Lenskart has raised about $980 million from investors like Avendus Future Leaders Fund II, Alpha Wave Ventures, and Epiq Capital. Lenskart’s revenue for the financial year 2022 was around ₹1,618.30 crores, with a consolidated loss of ₹102.3 crores.
Peyush Bansal’s investments have always been somewhat social-driven. He won everyone’s hearts when he invested in Jugaadu Kamlesh‘s invention. He has also invested in companies like Dailyobjects, Infeedo, Shiprocket, etc. He invested around ₹4.8 crores by the end of the third week of Shark Tank India Season 2.
6. Sugar Cosmetics by Vineeta Singh
Vineeta Singh has always wanted to be an entrepreneur. She rejected a placement offer of ₹1 crore per annum from a global investment bank after she completed her MBA from IIM Ahmedabad, to start her own HR services.
How did Sugar Cosmetics get started?
Though her first startup didn’t work out well, she started two successful businesses namely Fab Bag in April 2012 and Sugar Cosmetics in July 2015.
Sugar Cosmetics funding
In 2022, Sugar Cosmetics raised $50 million in Series D funding at a valuation of $500 million. This round was led by the Asia fund of L Catterton and existing investors included Elevation Capital, A91 Partners, and India Quotient. It has raised almost $100 million in aggregate so far.
Vineeta Singh’s investment
Since she has appeared in both seasons of Shark Tank India 2, most of her investments are in the startups appearing on the show. Vineeta Singh has also invested in several startups like JoshTalk, JhaJi Store, GetAWhey, etc. Vineeta Singh has invested around ₹2.95 crores by the end of the third week of Shark Tank India Season 2.
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Ibrahim Ali Khan’s Latest Comment Goes Viral On Rumored Girlfriend Palak Tiwari’s Photos
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Ibrahim Ali Khan is actor Saif Ali Khan and Amrita Singh’s son, he is one of the popular GenZ Bollywood celebrity kids who is known for his charming personality and handsome looks. There are rumors that Saif’s eldest son is dating actress Shweta Tiwari’s daughter Palak Tiwari. Their dating speculation started after they had been spotted together multiple times in the city. Now, both are grabbing attention when Ibrahim Ali Khan reacted to Palak Tiwari’s recent photos on social media airing their rumored relationship.
Ibrahim’s adorable reaction to a picture of Palak is making headlines
Ibrahim Ali Khan seems to be smitten by Palak Tiwari’s recent photos. The daughter of Shweta Tiwari has a huge number of followers on social media and she recently uploaded some gorgeous monsoon photographs. Palak Tiwari captivated her followers with a string of images dressed in a green sweatshirt and grey pants, with open hair. Ibrahim gave a cute response to the photo inclining towards their alleged romance.
Ibrahim Ali Khan gave a priceless reaction to Palak Tiwari’s latest pictures
Palak Tiwari took to her Instagram account and posted the images giving different poses to the camera. The images show her enjoying the weather from a balcony.
Sharing the pictures, she wrote,
“MY USPA MONSOON.”
Her rumored boyfriend, Ibrahim Ali Khan liked her post and commented with a fire heart sticker, “Looking Good”. Palak replied with an emotional face emoji to his comment.
A while ago, a video circulated where Ibrahim was seen leaving his house wearing a black T-shirt and Palak was also seen leaving his house wearing a black outfit.
Here is the post
Saif Ali Khan on his son’s dating rumors
Saif once opened up about his son’s dating rumors in an episode of Karan Johar’s Koffee With Karan. The actor said,
“My criteria doesn’t matter. Nobody is listening. Even though he does ask for some advice. Single, I’d say. The lady should be single”
On the work front, Ibrahim is all set to make his Bollywood debut with the upcoming film Sarzameen. The movie will also feature Kajol and Prithviraj Sukumaran. The movie is being directed by Boman Irani’s son, Kayoze Irani, and it is produced by Karan Johar under the banner of his production house, Dharma Productions.
Do you think Ibrahim and Palak are dating? Let us know in the comments.
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Salman Khan’s Father, Salim Khan, Reveals Why His 58-year-Old Son Is Still Unmarried
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Salman Khan is a prominent figure in Bollywood for almost forty years now. Known for his blockbuster movies and philanthropic efforts, he remains a beloved figure among fans worldwide. The 58-year-old actor is well-known for his relationships with several well-known personalities in the industry. Despite reportedly dating Iulia Vantur, Salman has not yet married anyone. His father, Salim Khan, once mentioned Salman’s reservations about tying the knot.
Salim Khan once opened up on son, Salman Khan’s reluctance towards marriage
Recently, a resurfaced interview clip of Salim Khan, father of Bollywood superstar Salman Khan, has sparked discussion online. In the interview, Salim Khan candidly discusses his son’s perspective on marriage, shedding light on Salman’s hesitation despite his history of relationships with several prominent figures in the film industry.
According to Salim Khan, Salman possesses a straightforward and affectionate nature that draws him easily into relationships. However, he has expressed apprehensions about taking these relationships to the next level. A key concern for Salman is whether his prospective partner would possess the qualities necessary. These qualities pertain to managing the family just like his mother does.
Salim Khan’s exact words were,
“He easily gets into a relationship but lacks the courage to get married. He has a very simple nature and gets attracted easily. However, he fears whether the woman will be able to handle the family like his mother does.”
According to Salim Khan, Salman Khan seeks a traditional wife
The veteran screenwriter revealed that Salman, at 58 years old, desires a partner who embodies the same dedication and commitment as his mother, Salma Khan (formerly Sushila Charak).
According to Salim Khan, Salman seeks a woman who can cook for the family, assist with the children’s daily routines, and support their education. However, he acknowledged the challenge of finding such traditional qualities in contemporary times.
Here is the video
Know about Salman Khan’s first love
In a revealing interview shared on Reddit, Salman Khan’s brother, Arbaaz Khan, disclosed details about Salman’s early romantic experiences. According to Arbaaz, Shaheen Jaffrey was Salman’s first significant love interest, whom he met during his college days. Their relationship, which began with enthusiasm, eventually encountered difficulties before Salman’s entry into Bollywood.
Following his time with Shaheen, Salman’s affection turned towards Sangeeta Bijlani, whom he was on the verge of marrying. However, their wedding plans were unexpectedly called off at the eleventh hour.
After that as well the actor was in a relationship with multiple well-known personalities. One among them is none other than Aishwarya Rai. Their romance began on the sets of the film “Hum Dil De Chuke Sanam” and quickly became a topic of public fascination. However, the relationship eventually ended amid controversy and speculation, with both parties moving on to focus on their respective careers and personal lives.
Salman Khan’s opinion on his multiple failed relationships
In a recently surfaced old interview from Aap Ki Adalat, Salman Khan was seen reflecting on his past relationships and took responsibility for their failures. He acknowledged that all the women in his life were good, placing the blame on himself for each breakup.
Salman expressed that with each relationship, he initially thought the fault lay with the other person, but eventually, he realized he might be at fault. He admitted to sometimes doubting whether the fault lay with him or them.
As he got to know them better, he often confirmed that the fault was his. Salman attributed this realization partly to a fear that he might not be able to give them the life and happiness they envisioned. He concluded by expressing his belief that everyone involved has eventually found happiness in their own way.
What are your thoughts on Salim Khan’s revelation and Salman Khan’s love life? Do share your thoughts via the comments below.
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Cabin Crew Shares Kiara Advani’s Rude Behavior Towards Flight Attendants
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Acclaimed for her grace and talent, Kiara Advani has enthralled fans in the Indian cinema industry with her remarkable performances and indisputable appeal. Her acting prowess and bright smile have mesmerized millions of people during her career. In the Hindi and Telugu film industries, Kiara has done a lot, which makes her one of the most sought-after actresses. Her on-screen and off-screen romance with Sidharth Malhotra has won her even more admirers. Nevertheless, despite her charming persona, there are rumors about her less desirable side. Rumors say that she is not frequently seen behind her apparently perfect picture.
A recent incident has brought these whispers into focus, as a cabin crew member shared details about Kiara Advani’s behavior with the staff on a flight. It suggests that her off-screen demeanor might not always match her public persona.
Flight attendant recounts how Kiara Advani interacted with the crew
A recent scandal has exposed a different aspect of Kiara Advani’s typically flawless persona. It exposed a less endearing side to the actress. Recently, a member of the cabin crew stated in an interview with a YouTube channel that Kiara “has a lot of attitude,” which is why she and her coworkers did not have a positive experience with her.
The staff recounts how Kiara was served nuts and cashews by the staff. However, she angrily objected, asking them to summon her assistant so he could give her the cashews instead.
A netizen also shared an incident with Kiara at a cafe
Some also shared the story of their own interaction with the actress. Among them, one netizen shared more details on Kiara Advani’s alleged arrogant behavior in the comment section.
When a portion of the video was posted on Instagram, one user commented that she had previously met Kiara at a cafe. Even though the other woman saw that Kiara had departed, Kiara’s lip balm spilled and rolled to her feet as she was leaving. Afterwards, her helper arrived to retrieve the lip balm and, crazily, sanitized it right in front of her.
How have netizens reacted to the revelations?
When the video was posted on several social media sites, internet users were shocked to learn this new truth about Kiara Advani. Many netizens in the comment section also shared their views on Kiara’s alleged behavior. As one user commented, “Not so Pyara Advani,” while others call her an introvert. However, a lot of people defended the actress and said that there was nothing wrong with her behavior.
Meanwhile, on a professional front, Kiara will next appear in the S. Shankar-directed Telugu movie “Game Changer,” which also stars Ram Charan. Additionally, she will appear in “War 2,” an action-packed YRF Spy Universe sequel.
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