Ankit Uttam, an Amazon best-selling author, published a LinkedIn post about the financials of shark-run businesses and his investigation, which revealed that several of the judges’ companies had suffered significant losses.
A well-known author began his most recent LinkedIn post by discussing how, unlike Shark Tank US, Shark Tank India has not been a success for him since the first season. He stated that rather than relying on venture capital funding or incurring massive losses, the judges on the US edition of the show, Barbara Corcoran, Mark Cuban, Lori Greiner, Rober Herjavec, Daymond John, and Kevin O’Leary, are running profitable businesses. He also mentioned Vineeta Singh’s SUGAR Cosmetics, Ghazal Alagh’s Mamaearth, Ashneer Grover’s BharatPe, Anupam Mittal’s Shaadi.com, Peyush Bansal’s Lenskart, and Amit Jain’s CarDekho as having suffered losses.
