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Anupam Mittal recently revealed that five of his investments from the show are generating over Rs 50 crore each in annual revenue.
Anupam initially saw his participation as more of a public service than a profit-making venture. (Photo Credit: YouTube)
When Shark Tank India first hit television screens, it wasn’t exactly met with open arms. In fact, many doubted whether the concept would even work in India. But fast forward to today and investor Anupam Mittal – who has been a shark since day one – is proving the sceptics wrong in a big way. Anupam recently revealed that five of his investments from the show are now generating over Rs 50 crore in annual revenue each. This massive success, he admitted, was beyond anything he had anticipated when he first joined the show.
In a conversation on Ayush Shukla’s YouTube channel, Anupam reflected on the early days of Shark Tank India when enthusiasm was in short supply. “Let me tell you honestly about the first season, without holding my word, no one wanted to come on Shark Tank. People would make fun of us. Nobody wanted to come, not as sharks, not as founders,” he recalled.
As the show gained traction and began transforming businesses, the same people who dismissed it started taking it seriously. “Earlier, I thought that people who are not funded by VC companies like family entrepreneurs, mom and pop shops, only they will come and they are still more in number, but now, suddenly, everyone has understood that Shark Tank can change the game. So you see all these top guys lining up to come in, and everybody now wants to be a shark,” he explained.
When he first came on board, Anupam saw his participation as more of a public service than a profit-making venture. “Previously, I thought that I wouldn’t make any money on Shark Tank because the best companies won’t come here, but I told myself that let’s think of it as ‘desh sewa’ so as long as I break even, maybe it is worth my time. Now, I have five Shark Tank companies in my portfolio that are doing more than Rs 50 crore annual revenue run rate. I never expected that,” he shared.
With Season 4 of Shark Tank India now streaming on SonyLIV, the show continues to be a game-changer for entrepreneurs and investors alike.
