New Delhi: Anupam Mittal, a judge on 'Shark Tank India' season 2 and the founder-CEO of Shaadi.com, reacted after businessman Harsh Goenka posted a chart indicating that the majority of the "sharks" are losing money.
"I know you meant it in jest so with all due respect sir, I think u reacted to what appears to be superficial, biased, and incomplete data," Anupam Mittal responded to the tweet on Wednesday.
He also added, "Happy to learn from stalwarts, but just to clarify, like you, the sharks don’t bleed red, we bleed blue and that’s why we do what we do."
Previously, Harsh Goenka posted a chart detailing losses faced by the companies of each judge from 'Shark Tank India'. "I enjoy Shark Tank India as a program and I think it is a great platform for our budding entrepreneurs. But whenever I think of sharks, I think of the movie Jaws and bleeding!" he wrote along with the chart.
Last week, Ankit Uttam, an author and marketer, recently disclosed on LinkedIn that the businesses run by the 'Shark Tank India' judges are actually drowning in losses.
"Shark Tank India has never worked for me as a show from its first season, unlike its US counterpart. In the US version of the show, every judge (Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O'Leary) is running businesses that actually turn a profit instead of riding on VC money or drowning in huge losses. So I decided to delve deeper into the businesses of each shark starting from Season 1," he wrote in the post.
The sharks in the most recent season are Vineeta Singh, co-founder and CEO of SUGAR Cosmetics, Aman Gupta, co-founder and CMO of boAt, Namita Thapar, founder and CEO of Emcure Pharmaceuticals, Peyush Bansal, and Amit Jain co-founder-CEO of CarDekho Group and InsuranceDekho.com.