ENTERTAINMENT

Reality: Shark Tank India Judges Face Huge Business Losses

Image Credits: Sony LIV

Shark Tank India Season 2 continues to amass widespread attention with every passing episode. Needless to say, the judges are doing a noteworthy job of piquing and sustaining the interest of viewers on-screen. But, are they really winning off it?

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Just recently, a LinkedIn user Ankit Uttam posted a bombshell reveal: the judges are reportedly incurring huge loses in their own businesses. And, here's a peek at his shocking discoveries. 

Image Credits: Vineeta Singh/Instagram

Vineeta SinghSingh’s SUGAR cosmetics reportedly lost Rs. 75 Cr. in the financial year of 2022. In 2021, the brand incurred a loss of Rs. 21.1 Cr. Could this be the reason behind Singh's refusal to currently invest in beauty brands?

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Peyush BansalThe founder of Lenskart, a popular Faridabad-based eyewear retail chain, has allegedly  also incurred heavy losses. Case in point: Data indicates that a consolidated loss of Rs 102.3 Cr. was incurred in 2022. 

Image Credits: Amit Jain/Instagram

Amit JainThe founder of CarDekho might have replaced Ashneer Grover, but that doesn’t necessarily mean he is doing great. Grover's firm has incurred a loss of Rs 246.5 Cr. in 2021-22.

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Namita ThaparThe user calls her Ananya Panday, as the company that she helms is her father’s. Papa Thapar is still the CEO of Emcure, and the financial state of affairs of the pharmaceutical firm is clearly not impressive.

Image Credits: Anupam Mittal/Instagram

Anupam MittalShaadi.com aside, none of his other brands like Makaan.com and Mauj Mobile have fared well. On that note,  the matrimonial firm hasn't revealed their financial data in the recent years.