Sharks on Shark Tank India 2 have raised Rs 17.58 crore from Indian start-ups

Emcure Pharmaceuticals’ Executive Director Namita Thapar has made the most investments, totaling Rs 5.03 crore.

According to estimations released by the business reality television show, Indian start-ups have raised Rs 17.58 crore from the judges of the famous series Shark Tank India so far in season two. The most money has been invested by Namita Thapar, Executive Director of Emcure Pharmaceuticals, followed by Aman Gupta (co-founder and CMO of boAt), Peyush Bansal (CEO of Lenskart), Vineeta Singh (CEO of Sugar), and Anupam Mittal (Founder and CEO of People Group).

Thapar has put in Rs 5.03 crore. Gupta, Bansal, Singh, and Mittal have each invested Rs 3.55 crore, Rs 3.13 crore, Rs 2.95 crore, and Rs 2.92 crore. Shark Tank India released these figures on its Twitter account.

Hyperlocal OTT platform STAGE, apparel brand Girgit Store, electric vehicle start-up Gear Head Motors, snack company Patil Kaki, fire extinguishing ball manufacturer Brandsdaddy, and cosmetic appliance firm Winston India are among the start-ups that have received finance. However, certain start-ups, such as the shoe business Flatheads and the DNA jewelry company Magic of Memories, did not receive investment but were praised by the sharks for being tough, distinctive, and more.

The previous season, which aired in 2021, had 67 of 198 proposals financed. Start-ups and their founders raised a total of Rs 42 crore. Thapar was the shark with the highest investment in season one as well. She invested Rs 10 crore in 24 transactions. Gupta invested in most start-ups in terms of volume. He completed roughly 30 transactions. His total investment amounted to Rs 6.7 crore.

Bansal finished in second with Rs 8.2 crore spread across 27 transactions.

Aside from sharks, the Indian start-up ecosystem is supported by a large number of angel investors. According to a survey by A Junior VC, a start-up publishing platform, CRED founder Kunal Shah leads the list with more than 200 investments made across start-ups such as Razorpay, Unacademy, Slice, Mensa, Spinny, and others.

Kunal Bahl, the co-founder of Snapdeal, is among many who have followed suit. Bahl is Snapdeal’s co-founder and CEO, and he has invested in 66 startups, including Rapid, Jugnoo, and Mamaearth.

After the United States and China, India has the world’s third largest startup ecosystem. According to data supplied by the Union Ministry of Commerce and Industry, India has 77,473 start-ups as of September 1, 2022.