Aman Gupta, co-founder of boAt and a long-time judge on Shark Tank India, clarified that while some entrepreneurs join the show as sponsors and thereby appear as sharks, he himself has never paid to be on the panel. His candid revelation sheds light on the show’s behind-the-scenes dynamics.
Shark Tank India has become a cultural phenomenon since its debut in 2021, offering budding entrepreneurs a chance to pitch their ideas to seasoned investors. Recently, Aman Gupta, one of the most popular sharks, addressed a widely speculated question: do entrepreneurs pay to become sharks?
Key Highlights
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Aman Gupta revealed in a conversation with Humans of Bombay that while sponsorship deals sometimes allow entrepreneurs to appear as sharks, he personally has never paid to be part of the panel.
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He emphasized that his role as a shark is based on his entrepreneurial journey and credibility, not financial transactions.
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The revelation comes after growing curiosity among viewers about whether the show’s panel is influenced by monetary contributions.
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Gupta also shared insights into his journey on Shark Tank India, noting that across five seasons he has invested in nearly 100 companies, reflecting his commitment to nurturing India’s startup ecosystem.
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The disclosure highlights the dual nature of the show: while sponsorships may open doors for some, established entrepreneurs like Gupta participate purely on merit.
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This candid admission adds transparency to the show’s format, reassuring audiences that credibility and entrepreneurial success remain central to the panel’s composition.
Aman Gupta’s statement provides clarity on the functioning of Shark Tank India, balancing the role of sponsorships with the importance of entrepreneurial merit. His openness strengthens the trust of viewers and entrepreneurs alike, reinforcing the show’s reputation as a platform where innovation meets genuine investment.
Sources: Hindustan Times, The Indian Express