89% of winners are from non-IIT, IIM background, 40% pitchers are women

Shark Tank India judges Vineeta Singh, co-founder & CEO of Sugar Cosmetics; Peyush Bansal, co-founder & CEO of Lenskart.com; and Amit Jain, CEO & co-founder of CarDekho Group highlighted other major trends they witnessed during Season 2 of the business reality TV show.

Highlighting an interesting theme, Jain said that he found entrepreneurs, who built businesses under constraints, to be more innovative as compared to those who had the luxury of VC money.

Jain said he heard interesting pitches from “two cohorts” of entrepreneurs: the first set hailed from elite colleges and the other “grass root founders”, who built businesses under constraints from their houses. He found entrepreneurs in the second cohort to be more innovative, as they built businesses under constraints, as compared to those from elite institutions, “who also did a good job” but some were burning a lot of VC money.

Innovation has now reached grassroots levels; people are seeing things around them, seeing problems and coming up with real-world solutions, he added.

Vineeta Singh gave the example of a startup which witnessed the problem of erratic water supply in several parts of India and developed a water tap that whistles every time water is released by the municipality.

“Sitting in metros like Delhi, Mumbai or Jaipur, we did not even have an idea that such a problem exists. All of the entrepreneurs from elite colleges were busy solving problems for consumers like us,” she added.

She further added that 40% of entrepreneurs on the show were women and 89% of deals done on the show so far went to non-IIT, IIM companies. Further, entrepreneurs from 18 years of age to 86 years are being funded.

Shark Tank India is a popular reality television show that provides a platform for entrepreneurs to showcase their business ideas and potentially secure funding from a panel of investors known as “sharks.” The show, which is based on the American series Shark Tank, has gained a lot of popularity among audiences in India and around the world. You can watch Shark Tank Season 2 episodes on Sony TV at 10 pm from Mondays to Fridays. Viewers can also catch episodes of Shark Tank India 2 on Sonyliv.com and Youtube.

The sharks for Shark Tank India are successful business leaders and entrepreneurs who are willing to invest their own money into new and innovative business ideas.

The Season 1 of the show is available to watch online on streaming platforms like MX Player, where the full episodes can be streamed. To register for Shark Tank India, entrepreneurs can visit the official website and submit their business ideas. The show typically airs on weekends at a prime time slot.

The show has been able to garner high TRP (television rating points) and the first episode of season 2, which aired on January 2, 2023, was highly anticipated and well received by the viewers. The show has also gained popularity for its memes, depicting the funnier moments of the show and the interesting pitches presented.