Shark Tank India: Judge Namita Thapar Responds To Criticism From Start-Up Ecosystem
In the article Namita shared her experiences on the show which led her to invest in 25 ventures Shark Tank India
New Delhi: The business reality show Shark Tank India became popular because of its innovative idea that allows entrepreneurs to pitch for ventures and attract investments.
There are seven popular entrepreneurs or 'sharks' who managed to keep the curiosity quotient of the show high apart from also getting trolled for their attitude in the show.
One of the prominent judges is Namita Thapar, who reacted to criticism that the show has attracted from ‘some names in the start-up ecosystem’. In her article for publication YourStory, Namita has shared experiences on the show which led her to invest in 25 ventures in the show.
Namita, the executive director of Emcure Pharmaceuticals, also shared the views in an Instagram note.
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First launched in Japan in 2001 as ‘Tigers of Money’ on Nippon TV, India adapted the version which went live last year. The show featured budding entrepreneurs across sectors in which they get the chance to impress the sharks for investment. Sometimes the pitches have sparked a war of words between sharks in the show.
In the column, she responded to the criticism saying, “So can we stop judging, instead get involved, and help make it better? This was new for all of us and we learned along the way; we are still internalising and learning. As long as we did this for the right reasons and for the right cause, we will keep working on it and will keep improving.”
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In the article, she reiterated the point that she got involved in the show for all the right reasons. In fact, those who are watching the season would know that shark Anupam Mittal, founder of Shaadi.com addressed speculation about Shark Tank India being rigged.
In an interview with RJ Siddharth Kannan as quoted in the Indian Express, “Absolutely not, absolutely not, absolutely not. I’ve heard this myself, and I wondered, If I was actually producing the show, why wouldn’t I allow myself to eat. The Sony people don’t let me eat or sleep! They make us shoot continuously, they keep us hungry. Why? Because most of the contestants have food companies, and when you’re hungry, you’re likely to invest more money.”