Comments
Harsh Goenka, the chairman of RPG Enterprise, shared data about Shank Tank India judges’ ventures that incurred losses in the financial year 2022.
“I enjoy Shark Tank India as a program, and I think it is a great platform for our budding entrepreneurs. But whenever I think of sharks, I think of the movie ‘Jaws’ and bleeding,” Goenka tweeted along with data.
The data claimed to show that only Aman Gupta’s BoAt made a profit of ₹79 crore in 2022. Amit Jain, founder of CarDekho, suffered a loss of ₹246 crore, while Peyush Bansal’s Lenskart incurred a loss of ₹102 crore. Shaadi.com, owned by Anupam Mittal, reported a loss of ₹27 crore and Sugar Cosmetics, owned by Vineeta Singh, reported a loss of ₹75 crore.
It further said Shaadi.com did not disclose its profit statement after the financial year 2020.
However, the source of the data was not revealed.
Also read: ‘Naatu Naatu’ from SS Rajamouli’s ‘RRR’ creates Oscars history, nominated for Best Original Song
Shaadi.com founder and Shark Tank judge Anupam Mittal has responded, saying that Goenka has reacted to biased and incomplete data.
“Happy to learn from stalwarts, but, just to clarify, like you, the sharks don’t bleed red. We bleed blue, and that’s why we do what we do,” Mittal added.
Many users responded to Mittal’s tweet asking him to present the real numbers.
Also read: Harsh Goenka shares resolutions for New Year 2023
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.