Shark Tank India presents a golden chance for both emerging and established business owners to showcase their brands and attract investments. The “sharks,” the investors on the show, commit funds to entrepreneurs if they’re convinced by the business model, concept, and growth potential.
A prominent figure on the show, Amit Jain, recently shared some fascinating details about the financial transactions on Shark Tank. Here’s what you need to know:
Amit Jain Reveals Use of Prop Cheques on Shark Tank
Amit Jain, who became a Shark Tank India panelist in the second season, is not only known for his business acumen as the Co-Founder and CEO of BikeDekho, CarDekho, and GirnarSoft but also for his engaging presence on the show. In a recent interview with Bhanu Pathak, he divulged that while the business deals are authentic, the cheques shown during the show are merely props.
Amit clarified, “Those cheques are fake, brother!” He explained that the cheques are not linked to any bank accounts but are customized for the show, complete with the company name and his signature to symbolize a sealed deal. “It’s all about the symbolism of the agreement. After the show, the real work begins with due diligence and verification of the claims made during the pitch,” Amit added.
Behind-the-Scenes Camaraderie Among the Sharks
Amit also shared a glimpse into the off-camera dynamics of the show’s investors. Contrary to their competitive on-air interactions, the sharks share a friendly rapport backstage. “Namita Thapar often brings home-cooked meals, playing the role of a nurturing figure, while Aman Gupta brings his speakers. We have a blast, dancing and enjoying music during breaks,” Amit revealed, showing a lighter side to the intense negotiations seen on TV.
This peek behind the curtain not only demystifies some of Shark Tank India’s processes but also highlights the strong camaraderie and collective fun that the sharks share away from the spotlight.
