Shark Tank India’s S2 expects to witness larger-size investments
- ByStartupStory | December 30, 2022
Shark Tank India Season 2 is expected to see the investor-judges make larger-sized investments as they double the number of deals compared to the first season, according to multiple investors appearing on the upcoming season of the business reality show.
The show will see more offers from investors in the range of Rs 1 crore to Rs 5 crore, up from Rs 50 lakh to Rs 1 crore last season.
“The amount of money that we (judges) have put in is significantly higher than last year. Even the valuations sought by startups were on the higher side than the previous edition of the show,” said Anupam Mittal, founder of People Group, which runs Shaadi.com as well as Makaan.com.
“Startups pitching in the second season had far more refined ideas and a lot of them were already profitable,” Amit Jain, CarDekho Group’s Co founder, said.
Emcure Pharmaceuticals’ Executive Director, Namita Thapar said, “I was a sharper investor in the second season as I had ead a lot on the startup ecosystem and met investors in between the two editions.” Shark Tank India is an adaptation of Shark Tank, an American business reality show.
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