google playGoogle
app storeiOS
Get Alerts on WhatsApp
settings icon
profile icon

Shark Tank India season 2: Aman Gupta has a graceful reaction to fan who told him not to turn the business reality show into Indian Idol

The second season of the business reality show premiered on January 2.

Shark Tank India season 2: Aman Gupta has a graceful reaction to fan who told him not to turn the business reality show into Indian Idol

  • Team OTTplay

Last Updated: 12.13 PM, Jan 09, 2023

Share

The first season of Shark Tank India had witnessed its fair share of emotional and inspiring stories of entrepreneurs trying to make it big in the business world. And season two seems to be no different. However, some fans seem to not be all that impressed by the second season of the popular business reality show. One user even went so far as to say that the show seemed to be on the verge of becoming another version of Indian Idol, and shark Aman Gupta made sure to respond to the allegation.

Taking to social media, the boAt CMO and co-founder shared a video of a glimpse from the show, which featured the founders of Stage, an OTT platform that helps viewers find an array of content in their regional dialects. The founders Parveen, Vinay and Shashank, asked for an investment of Rs 3 crores for 1% equity in their company, a valuation which shocked the sharks.

The entrepreneurs then narrated their story, about how they were the brains behind the popular website WittyFeed. They talked about how the profitable company ‘vanished’ overnight when Facebook, where they got most traffic from, deplatformed them in the wake of the Facebook–Cambridge Analytica data scandal.

The founders narrated their inspiring story of how they bounced back from the unexpected blow. After being on the verge of closure, they put a unique proposition before their employees to become angel investors in their next venture, and thus Stage was born.

The sharks were impressed by their story, with Aman declaring that he got goosebumps listening to them. The shark remarked that India needs people like them, entrepreneurs who stand back up again after a huge loss, and end up building a company of Rs 300 crores.

A part of that was featured in the video Aman shared. One user commented under the post “Woh sab toh thik hai bhai lekin ye karte karte shark tank ko Indian idol mat bana dena”. To this, Aman had a very graceful reply. Check it out below.

poster

In the end, Peyush Bansal, Namita Thapar and Aman struck a deal with Stage, offering Rs 1.5 crores for 0.6% equity in the company, then a debt of Rs 1.5 crores at 18% interest.

0