Shark Tank India has emerged as a platform for opportunity, guidance, and investment for startups across the nation.
Sharks In Shark Tank India Season 3 has continued this legacy, bringing together a diverse group of Sharks, each with their own unique background, expertise, and vision for the Indian market.
Let’s dive deeper into the dynamics of the Sharks in Season 3 and explore how they’re shaping the future of Indian entrepreneurship.
Sharks In Shark Tank India Season 3
Shark Tank India Season 3 melds seasoned Sharks with new faces, enriching the show with diverse expertise from technology to beauty.
Veterans provide continuity and proven mentorship, ensuring stability. Meanwhile, new Sharks introduce new perspectives and investment strategies, expanding entrepreneurial opportunities.
This mix enhances the panel’s advice and support, reflecting a dynamic blend of experience and innovation.
Check out: How to Start a Clothing Brand in India?
New Sharks in Season 3
Ritesh Agarwal is the founder and CEO of OYO Rooms, a global hospitality chain. Known for his early success, Agarwal became one of the world’s youngest self-made billionaires. His vision for OYO has been to offer affordable and standardized accommodation, disrupting the traditional hospitality sector.
Deepinder Goyal, the founder and CEO of Zomato, has played a crucial role in transforming the food delivery and restaurant discovery space in India and beyond. His background in mathematics and computing from IIT Delhi has contributed to Zomato’s innovative approach to solving complex problems in the food industry.
Azhar Iqubal, as the co-founder and CEO of InShorts, has brought a new way to consume news through 60-word summaries, catering to the modern preference for quick and concise information. His dropout from IIT Delhi and subsequent success with InShorts is a testament to his innovative thinking and entrepreneurial spirit.
Radhika Gupta, CEO and MD of Edelweiss Mutual Fund, is one of the most prominent figures in the Indian financial industry. Known for her leadership and ability to scale businesses, Gupta’s journey to building a Rs 1 trillion mutual fund company is highly inspiring.
Varun Dua is noted for his role as CEO of Acko General Insurance, significantly impacting the insurance sector with digital-first products. His background as a marketing manager and experience in the insurance industry have been pivotal in Acko’s success.
Ronnie Screwvala, a multifaceted entrepreneur, co-founded UpGrad and has contributed to various sectors, including online education, sports, and film production. His investments and entrepreneurial ventures have played a significant role in shaping the Indian startup ecosystem.
Seasoned Judges Returning
Peyush Bansal is the founder and CEO of Lenskart.com. His venture into the optical prescription eyewear retail chain has revolutionized how people in India and elsewhere think about eyewear, combining technology and fashion in a unique way.
Anupam Mittal, the founder and CEO of Shaadi.com, has significantly influenced the matrimonial industry, making it easier for millions to find life partners. His vision for using technology to facilitate meaningful connections has made Shaadi.com a household name.
Aman Gupta, as the co-founder and CMO of boAt, has been instrumental in the brand’s success as a leading consumer electronics company in India. Known for its trendy and durable audio products, boAt has carved a niche for itself under Gupta’s marketing strategies.
Namita Thapar, the Executive Director of Emcure Pharmaceuticals, oversees a wide range of pharmaceutical products. Her leadership has been key in Emcure’s growth and its contribution to the healthcare sector.
Vineeta Singh, co-founder and CEO of SUGAR Cosmetics, has made significant strides in the beauty industry. Her brand is known for its high-quality and affordable cosmetics, appealing to a wide audience across India.
Amit Jain, CEO and co-founder of CarDekho Group, has transformed the automotive industry with his platform that simplifies the process of buying and selling cars. His innovative approach to online car sales has made CarDekho a leading player in the market.
| Shark | Estimated Net Worth | Businesses Owned |
| Ritesh Agarwal | ₹7253 crore (approx. $1.1 billion) | OYO Rooms |
| Deepinder Goyal | ₹2030 crore | Zomato |
| Azhar Iqubal | ₹500 crore | InShorts |
| Radhika Gupta | ₹41 crore | Edelweiss Mutual Fund |
| Varun Dua | Not publicly disclosed | Acko General Insurance |
| Ronnie Screwvala | ₹12,800 crore | UpGrad, U Sports, RSVP, Unilazer Ventures |
| Peyush Bansal | $75 million | Lenskart.com |
| Anupam Mittal | ₹185 crore | Shaadi.com – People Group |
| Aman Gupta | ₹700 crore | boAt |
| Namita Thapar | ₹600 crore | Emcure Pharmaceuticals |
| Vineeta Singh | ₹300 crore | SUGAR Cosmetics |
| Amit Jain | $360 million (₹ 2900 crore) | CarDekho Group |
Impact Made By The Sharks
The Sharks in Shark Tank India have made significant impacts on the Indian startup ecosystem, nurturing entrepreneurship and fostering innovation.
Investment and Growth– The Sharks have invested in numerous startups, providing not just capital but also strategic guidance.
Mentorship and Expertise– Sharks offer invaluable mentorship to entrepreneurs, helping refine business models and strategies. Namita Thapar, for instance, has been involved in mentoring health and wellness startups, leveraging her expertise in the pharmaceutical sector.
Brand Visibility and Credibility– Appearing on Shark Tank India boosts startups’ visibility, attracting customers and additional investors. Skippy, an ice popsicle startup, gained widespread attention after securing investment from the Sharks, illustrating the show’s effect on brand recognition.
Encouraging Women Entrepreneurs– The presence of female Sharks like Vineeta Singh has inspired women entrepreneurs to pitch their businesses, promoting gender diversity in the entrepreneurial space.
Driving Innovation– The Sharks’ diverse backgrounds encourage a wide range of innovative products and services to be presented, supporting sectors like technology, healthcare, and sustainability. Pee Safe, a hygiene and wellness brand, received backing from the Sharks, showcasing the show’s role in promoting innovative solutions for societal challenges.
National Reach and Inclusion– By featuring startups from across the country, Shark Tank India has highlighted regional innovations and businesses, ensuring national reach and inclusion. This has brought attention to unique business ideas from lesser-known parts of India, democratizing access to investment and mentorship.
On The End Note
The contributions of sharks in Shark Tank India play a pivotal role in shaping India’s entrepreneurial landscape, fostering a culture of innovation, and providing a platform for startups to thrive.
