Shark Tank India’s Judge Anupam Mittal Takes a Dig at Ashneer Grover, Says a Judge who Insults Someone ‘doesn’t Deserve a Seat on the Show’
January 15, 2023: After the mega response from the viewers in season 1, Shark Tank India is coming back with its season 2 next month on Sony TV.
But in the second season of the entrepreneurship-based reality show, former BharatPay co-founder and managing director Ashneer Grover — whose dialogue ‘Yeh Kya Dogalpan Hai’ became famous — has been dropped.
Many people, especially on social media, called Grover arrogant and rude as a judge on the show. Now, Shaadi.com founder Anupam Mittal – one of the judges of the show – has hit out at Grover, saying the next season of the business reality show will not encourage anyone who insults contestants to make their pitch.
Mittal also said that humiliating a contestant is not acceptable and anyone who does so does not deserve a judge seat on the show.
Recently, while promoting his book ‘Doglepan’, Grover expressed his thoughts on why the showmakers dropped him from the second season of Shark Tank India.
The serial entrepreneur said that he could not afford the show. Grover was with fintech firm BharatPe when the first season arrived. Months later, the company removed him from all positions after alleging serious financial irregularities and governance lapses in the firm.
What did Anupam Mittal say about Ashneer Grover’s exclusion?
The ACE investor and founder of Shaadi.com said in a recent interview that the upcoming season will be more ‘shy’, adding that there is a difference between insulting someone and giving constructive feedback.
He also said that some judges were given “a lot of concessions” last year. “I’m not going to talk about the Sharks for sure but as a team we let people off a lot of pitches last year. This year, you can see a slight change in that,” Mittal said.
How Ashneer Grover made big money from Zomato IPO?
The former BharatPe MD earned Rs 2.25 crore within 8 minutes of Zomato’s massive stock market listing last year.
In his memoir ‘Doglepan: The Hard Truth About Life and Start-ups’, the former ‘Shark Tank India’ judge recounts how he used leverage to earn big in quick time.
“However, it was a case of simple leveraged-IPO financing. While I invested Rs 5 crore from my own pocket, Kotak Wealth lent me Rs 95 crore for a week at an interest rate of 10 per cent per annum.
The IPO funds were blocked. This cost of Rs 20 lakh as interest was an additional cost to buy the shares,” Grover wrote in the book published by Penguin.
Thanks to oversubscription, Grover received Rs. 76 per unit at an issue price of Rs. Got Zomato shares worth 3 crores.
After the listing, the shares were priced at Rs. 116 and within 8 minutes of listing it was Rs. Was out on 136.
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