Television News

Shark Tank India: Ashneer Grover makes a shocking statement about the fees of sharks in the show

Shark Tank India got huge popularity on Indian television. Now the show is coming soon with its season 2. The first season was a huge success, and the Sharks, which included Ashneer Grover, Anupam Mittal, Aman Gupta, Peyush Bansal, Namita Thapar, Vineeta Singh, and Ghazal Alagh, became household names. While it is unclear whether these sharks will return for the second season of Shark Tank India, it goes without saying that they have been making headlines on a daily basis. This brings us to Ashneer Grover’s recent revelation.

According to Indian Express, Ashneer Grover, co-founder of the BharatPe app, gave a lecture at the Lovely Professional University. And it was there that he revealed the information about Sharks’ salaries per episode on Shark Tank India. And it’s quite shocking and unexpected. Ashneer revealed that they were not compensated for any of the episodes. In fact, none of the Sharks went with the goal of making money, but rather of gaining some level of popularity.

“The concept of the show is very simple; they believe we have money, and they felt that we all have high-value startups, we’d be able to invest some money on the show. So, they asked us to commit to spending Rs 10 crore each on the show. We said okay,” Ashneer said. He went on to say that they worked like ‘bonded labours’ instead. “We weren’t paid anything for any episode; in fact, we worked like bonded labour for hours and hours,” reports Indian Express.

According to reports, each of the sharks received approximately Rs 10 lakh per episode. Ashneer Grover, denying the rumours, stated, “Let me tell you the truth, none of us made any money from the show. Some people said that we made Rs 10 lakh per episode, but I’d have been happy with even Rs 5 lakh.”
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Reema

In a world full of writers, I'll just be another one with an edge to be the best. I am Reema Chhabda, a content writer by trade and part-time poet.

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