Shark Tank India has arrived on the television screen and smartphones with a brand new installment of the famed reality television show. Season 4 of the show is currently being aired on network television and OTT platforms alike.
More Bleeding That Initially Thought
While many have had thoughts to share and laurels to give to the show and its judges, some have had critical ideas to present.
RPG Group chairman Harsh Goenka in a recent post on X shared his thoughts in the show.
Goenka, while liking the show, suggested that the ‘Sharks’, or the judges of themselves, may not be in a fiscally stable situation.
Goenka said, I still love watching #SharkTankIndia.
He further added, “But it seems some of our sharks are still navigating choppy waters🦈.”
Signing caution, Goenka said, “There’s more ‘bleeding’ in the tank than I thought!”
The source of the caution issued by Goenka came from a chart shared along with the post.
The Sharks And Their Ventures
The chart listed shows the profit after tax or profit earned after paying all the required taxes.
Here, all the judges and their respective companies had a negative number or a figure of loss to present. These companies, according to the table incurred losses.
Here, Aman Gupta-led boAt’s profit after tax or PAT stood of Rs -54 crore in FY24. Another judge, Anupam Mittal-led Shaadi.com made losses of Rs -18 crore for FY23.
Sugar Cosmetics by Vineeta Singh also had losses to show as it had a PAT of Rs -68 crore.
Kunal Bahl’s Snapdeal had a PAT of Rs -160 crore.
Another current shark, Ritesh Aggarwal and his OYO recorded a profit after tax of Rs – 184 crore.
In this Namita Thapar’s Emcure had no number to show, as it is deemed as a startup, unlike the other companies on the list.
