When it comes to the veracity of claims made on reality shows, the participants always have their own stories to tell, as seen on Shark Tank India recently. A former Shark Tank India contestant has claimed that the sharks “ghosted” him after the show ended and that he hasn’t heard from any of them since.
Akshay from iWeb Technology Solutions attempted to raise capital for his business idea last year but was unsuccessful (he narrates the whole story in a separate Twitter thread). He also submitted an entry on behalf of a friend who was offered a deal on Shark Tank India but has yet to hear back from any of the investors since the show’s first season ended. He described the entire incident and emphasised that their show was never aired. Each contestant has three minutes to make their pitch before the sharks question them. “Your pitch is designed by the Channel creatives, and you need to stick to it and speak Hindi; at times, your USP may be diluted, but that’s how the scheme of things works,” Akshay tweeted (sic). “Met a founder yesterday who had gotten a deal from two sharks in season 1 and who never met him nor responded to his emails post #SharkTankIndia — Ab kya bolen? (sic)” he wrote. He went on to say that he had met another founder who had been treated similarly by the sharks.
Several followers commented on his tweet, asking for the names of the “sharks” who made the offer to his friend. But he stated that he is not interested in doing so and that his friend is not alone. In a tweet, Akshay stated that more than half of the people who were offered a deal on Shark Tank India’s first season are still in the same position today. Most founders share my fear of being helpless, as I have stated. “What we faced, more than 50% of others faced the same or worse, the outcome being Ashneer was shown the door and sharks were counselled not to be rude and brash and to be considerate,” he tweeted during season one.
“Don’t just leave us hanging like that,” he said in response to another Twitter user. If you can’t back up your claims with evidence, at the very least reveal the name of the company. Most founders lack the balls of steel that we have demonstrated, and none want to reveal their identity, leaving Akshay helpless.
We don’t know whether these claims are true or not, but it’s clear that the internet is perplexed. Former CEO of the BharatPay app Ashneer Grover appeared on the Indian season of Shark Tank. Peyush Bansal (CEO of Lenskart.com), Namita Thapar (Executive Director of Emcure Pharmaceuticals), Anupam Mittal (CEO of Shaadi.com – People Group), Aman Gupta (Co-Founder and CMO of boAt), and Vineeta Singh (Founder and CEO of Lenskart.com) were among those in attendance (Co-Founder and CEO of SUGAR Cosmetics). This season’s “shark” was Amit Jain, CEO and Co-Founder of CarDekho Group and InsuranceDekho.com. Keep checking back for the most recent Shark Tank India news!
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