Shark Tank India’s season 2 has just started and already it is making headlines once more. Where the first one went crazy viral over not just the type of pitches that hopeful entrepreneurs made in the show, but the kind of entertainment it brought to the viewers.
Almost all of the judges had become household names over the course of the show, and people made memes and jokes galore on the specific ways the judges acted on the show, their reactions and particular phrases they’d use.
Shark Tank India judge and executive director of Emcure Pharmaceuticals Namita Thapar’s pharma line, Ashneer Grover, former co-founder of BharatPe’s dogalapan line and many more became catchphrases people found extremely entertaining.
Now the second season is out and Anupam Mittal, Vineeta Singh, Peyush Bansal, Namita Thapar and Aman Gupta are back as judges for the show. However, the first episode received some criticism.
Not Investing In Competition?
On the first episode of the second season, the 5 judges saw the pitch for a homegrown makeup brand Recode by two small-town entrepreneurs.
The brand called Recode impressed the judges with its business and marketing strategies, however, even after that almost all the sharks, not including Peyush Bansal, refused to invest in the brand.
Disappointingly the reason for this was that the brand was from the same sector as judge Vineeta Singh, who is the CEO of Sugar Cosmetics.
Singh was further left surprised when the founders of Recode revealed that Sugar Cosmetics actually followed the brand on Instagram. That didn’t really help anything as most of them still decided to not invest in the brand.
A lot of people on Twitter did not agree with this decision and called out the judges for forming a monopoly or elite circle and not letting in healthy competition. Also commenting how this is not unbiased judging and that it doesn’t bode well for future companies.
One Twitter user wrote that “On #SharkTankIndiaS2 People Related to Mekup Brand’s, Pharmaceutical, Eyewear, These Sectors Are Closed for Fund Raising So Forget about this Sectors. Kay Majak Bana Rakha hai Shark Tank ka. Ye logon ne apna group bana Rakha hai is sector me kisko Aage nahi badhne denge (they have made it a joke. These people have made a group and won’t let anyone move ahead of them).”
Read More: Watch: 5 Most Bizarre Ideas On Shark Tank
Another comment read that “Lesson of the day from Shark Tank – if you are a founder from beauty, audio gadgets, eyewear, pharma or marriage business then don’t go there! People will not invest. Weird reason !! Such a bad message!”
What do you all think? Was this decision by the judges fair? Is the reaction warranted? Let us know in the comments below.
Image Credits: Google Images
Feature Image designed by Saudamini Seth
Sources: The Indian Express, Livemint, Hindustan Times
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This post is tagged under: Shark Tank India judge, Shark Tank, india reality show, Peyush Bansal, Peyush Bansal lenskart, Shark Tank India season 2, Shark Tank India judges, Shark Tank india Peyush Bansal, Shark Tank india series, Shark Tank judge Peyush Bansal, Vineeta Singh, Aman Gupta, Namita Thapar, Anupam Mittal, Amit Jain, Vineeta Singh sugar cosmetics,
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