The reality television show Shark Tank India has a new development. The latest season of the show will have the founder and CEO of OYO Mr. Ritesh Agarwal play the role of the new judge. The brand new shark i.e. Agarwal took to X to share the news and Shark Tank India’s official Instagram page uploaded a video as well.
Taking to X, Agarwal wrote, “When I began my entrepreneurial journey, resources were hard to come by. However, the generosity and kindness of the ecosystem (mentors, VCs, other founders) that took me in made the journey a bit easier and more fulfilling.”
He also discussed how it has been his dream to extend the support to others similar to how he has received from his mentors. “To be able to replicate this has been a long-standing goal of mine. Whenever the opportunity presented itself, it made me extremely happy to connect with, mentor, and back entrepreneurs at every stage of their own personal journeys.”
In the Instagram reel, which you can check here, one can notice how Agarwal mentioned how he has guided and supported several startups and entrepreneurs within the Naropa Fellowship cohort along with some small businesses as well.
“@sharktankindia made entrepreneurship a household conversation and I am excited to be a small part of Season 3 and support more entrepreneurs emerging out of every corner of India,” he further shared along with a photo with the other sharks, including boAt co-founder Aman Gupta, Shaadi.com founder Anupam Mittal, Sugar Cosmetics CEO Vinita Singh and Lenskart co-founder Peyush Bansal.
29-year-old Agarwal introduced his firm OYO Rooms in 2013. He received a grant of $100,000 (Rs 83,03,500 approximately) as one of the winners of the Thiel Fellowship program.
For the unaware, Shark Tank India will have its season 3 launched now. The show is the Indian adaptation of the American show, Shark Tank and has aspiring entrepreneurs pitching their products or services to a committee of investors or sharks, who then choose to invest in their businesses.
You can catch the show’s first season which started in December 2021 and ran until February 2022 while the second season started in January 2023 and concluded in March 2023. Here is the SonyLiv link for your reference.
The Sharks and aspiring entrepreneurs of India come together every season to pitch their ideas to the panel in hopes of getting their interest in investing money in their business models.
There are a total of 85 episodes in seasons 1 and 2 of Shark Tank India. If you are planning to get into launching businesses, then you should definitely watch this reality TV series. It will help you to get more business ideas and how you can scale up your business in a cost-effective manner. It will also help you get confidence training so that you can pitch your ideas to anyone and everyone without any self-doubts.