The upcoming business reality show Shark Tank India is buzzing all over the place. It is garnering immense attention throughout various spectrums. With every new episode, the audience gets to witness the unique ideas of upcoming start-ups and small-scale businesses.
In the recent episode, the sharks were seen expressing excitement over certain business ideas. While some sharks even reprimanded entrepreneurs for exaggerating the valuation of their pitches. The promo video which was released a few times back, shows a beauty brand which has an alternative to Botox and plastic surgery.
However, Vineeta Singh, founder of Sugar Cosmetics questions the ethnicity of the brand as their claims are too high. Meanwhile, she also engages in a bitter-sweet argument with an inner-wear brand.
Though, the promo takes an interesting turn when a phone-repair company present their ideas. The entrepreneurs claim that they can repair broken phones. Anupam Mittal becomes intrigued by their company’s ideas and extends an offer.
On the other hand, shark Vineeta also becomes fascinated by their claims and pitches her offer. However, Anupam takes a jibe at her, saying that she is copying his offer and is providing it at a discounted rate.
In a recent interview with CNBC-TV18, Anupam Mittal shared his most profitable investment. He stated, “Cash in cash out interactive avenues were good. Because it was only a matter of few years and we exited with several hundred crores. Because I owned such a significant chunk of the company, I got all cash. The other one was Makaan.com.
He added further, “I founded that company also. Interestingly, we were on the verge of closing it because of lack of capital. So, I invested some money in it from the money I earned from interactive avenues and spun it out. REA group bought us out and I made multiple times my money in a window of two years. But in terms of return and absolute value Ola still values at the top.”
