New Delhi: Shark Tank India is one of the most popular reality shows on television and it gave all the seven sharks huge popularity. BharatPe's co-founder and former managing director Ashneer Grover was the most popular out of all the investors because of his tongue-in-cheek replies to the participants.
Ashneer recently gave a lecture at Lovely Professional University where he revealed they were not paid anything for doing the show. Rumours were doing the round that they were paid Rs 10 lakh per episode. Ashneer denied those rumours and joked that he would have been happy with even Rs 5 lakh.
“Let me tell you the truth, none of us made any money from the show. Some people said that we made Rs 10 lakh per episode, but I’d have been happy with even Rs 5 lakh. The concept of the show is very simple; they believe we have money, and they felt that we all have high-value startups, we’d be able to invest some money on the show. So, they asked us to commit to spending Rs 10 crore each on the show. We said okay. We weren’t paid anything for any episode; in fact, we worked like bonded labour for hours and hours,” Ashneer said in his lecture.
Apart from Ashneer, other judges of Shark Tank India were Peyush Bansal (CEO and co-founder of Lenskart), Anupam Mittal (founder and CEO of Shaadi.com), Vineeta Singh (CEO and co-founder of SUGAR Cosmetics), Namita Thapar (executive director of Emcure Pharmaceuticals), Aman Gupta (co-founder and chief marketing officer at boAt), and Ghazal Alagh (co-founder of MamaEarth).