Journey Of The Companies Founded By Shark Tank India Judges, It’s Revenues, Profits Etc.
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 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 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.
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.
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.
Sonali Kulkarni’s Monologue “Ladkiyan Aalsi Hain” Is Going Viral For All The Wrong Reasons
Lack of empathy and deep nestled sexism reflects in weird ways. It is funny how even if the world is collapsing, people will not let go of the opportunity to point their fingers at women. The people at large still blame women. The concept of equality in a country like India is nothing but buffoonery. Though the country is slowly progressing, the deep-rooted societal stigmas shackle us back. The recent statement by Sonali Kulkarni is proof.
In a recent interview with Bhupenddra Singh Raathore, Sonali spoke at length about how modern Indian women are apparently ‘lazy’ and how they wish for a high earning, settled husband without giving any input in the household’s finances.
Sonali Kulkarni’s sexist comment on Indian women
Twitter is totally in shambles and divided in its reaction to her statement. While many men are praising her apparently for saying the ‘truth’, many women have criticized her myopic take on this issue.
In a recent interview, the actress shared an opinion, where she said that women are actually lazy and want to live off their husband’s wealth. She also added that the societal pressure of earning is more for men, whereas women keep deciding where they want to go with their lives even in their 20s. And the main issue that triggered a mass cancellation on Twitter is the generalization of women. Basically, women were classified as lazy and men as hardworking.
“They want a boyfriend or husband, who earns well, owns a house, and gets regular increments. But, in the middle of this, women forget to make a stand for themselves. Women don’t know what will they do”
She didn’t hold back from saying that women need to ‘humble’ themselves. She also not so subtly referred to workplace harassment and how women complain to HR at every given opportunity when someone talks about their outfit. She added that she felt ‘like crying’ for her brothers and husband who had started working at the age of 20 after he got placed through a campus placement interview.
I feel like crying for my brothers, my husband was selected from a campus interview when he was 20. And he had started earning, why?”
Reaction of netizens on Twitter
So I am not linking to Sonali Kulkarni’s video on lazy women and industrious men.
Maybe this is what she is. And maybe this is who she knows
Our views are shaped by who we are and who we know. This is what she knows. Maybe she should get a job or something.
— Harini Calamur (@calamur) March 17, 2023
I’m not sharing Sonali Kulkarni’s trash video, but it really angers me. You can’t call all women lazy when the gender equality balance is so skewed. Yes there are women who want to marry wealth. But most women in this country aren’t given education or the freedom to work.
— Kajol Srinivasan – Deport the Kohinoor (@LOLrakshak) March 17, 2023
Ma’am @sonalikulkarni it might be shocking for you. But a lot of us also got campus placed and started earning at 20. The women who don’t earn do a lot of unpaid house labor. That apart, housewives in most rural india earn passive income. It’s utterly irresponsible a statement. https://t.co/Pv9Pdp99hw
— Abdullah Deewana (@JeanDmello) March 16, 2023
Another person wrote,
“Women will financially contribute to the household chores only when men start sharing 50% of the household chores. @sonalikulkarni the men you’re defending won’t stand up for your rights. They’re clapping for you because you spoke what they wanted to hear. Stop being a ‘pick-me’”
The irresponsible comment has enraged a lot of people on the internet.
Shruti Haasan’s Hilarious Reply To A Fan’s Marriage Proposal Will Leave You Laughing
Shruti Haasan, a multi-talented actress, and musician has made a name for herself in the Indian entertainment industry. Being born as the daughter of renowned actor Kamal Haasan and Sarika Thakur, a popular actress in the Indian film industry, she has inherited her talent and passion for the arts from her parents and has carved out a successful career for herself in the industry.
She began her acting career in 2009 with the Hindi film Luck. Although the film did not do well at the box office, the audience, and critics appreciated Shruti’s performance. She then went on to act in several other Hindi films such as Dil Toh Baccha Hai Ji, Ramaiya Vastavaiya, Gabbar Is Back, and Welcome Back.
She has also acted in various Tamil, Telugu, and Kannada films, which have been well-received by the audience. Apart from acting, Shruti Haasan is also a trained singer and musician. She is regarded as one of the most trendy and fashionable actors in the Indian cinema business and is well renowned for her beauty, elegance, and charm.
However, in recent times, she has been hitting headlines due to her relationship with her boyfriend Shantanu Hazarika. The talented actress has been dating Santanu Hazarika for a while now and the couple often shares adorable and goofy pictures and videos on social media, much to the delight of their fans.
Recently, Shruti hosted a fun question-and-answer session on her Instagram page, where she answered some interesting and amusing queries from her followers. However, one query has left everyone in splits.
In a question-and-answer session on her Instagram, Shruti Haasan replied to a fan who asked if he could marry her
During the session, one fan asked if he could marry Shruti, and her response left everyone, including her boyfriend Santanu, in splits.
She laughed it off and jokingly said,
and panned the camera towards her boyfriend Santanu, who was sitting beside her.
Fans asked more questions related to Santanu Hazarika
Q1: Another follower requested Shruti to share an unseen picture with Santanu, and she happily obliged.
Q2: A netizen also asked Shruti to make Santanu speak in Tamil.
Santanu complied and even called Shruti “azhagi,” which means beautiful in English.
Q3: Another question asked to Shruti was, how many times you shout Shantanu in a day?
She replied that she calls him 10-15 times a day.
However, Shruti also revealed how her boyfriend gets annoyed when she calls him “Shanku” in a loud tone, much to the amusement of her followers.
Shruti and Santanu have been together for some time now, and their chemistry is evident in their social media posts. Their fans love seeing them together and are always eager to know more about their relationship. The question-and-answer session provided a glimpse into their fun and lighthearted dynamic, leaving everyone with a smile on their face.
On the work front, Shruti Haasan has been having a busy and exciting time lately. She began the year on a high note with the release of two Sankranti films – Veera Simha Reddy and Waltair Veerayya, where she played the lead female roles. The films received positive responses from the audience, and Shruti’s performances were highly appreciated.
In addition to her film projects, Shruti is also set to make her debut in an English web series called The Eye. She is also gearing up for the highly-anticipated Prabhas starrer Salaar, where she will be seen in a pivotal role. The film has generated a lot of buzz and is one of the most eagerly awaited releases of the year.
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