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This is an archive article published on July 20, 2023

Ashneer Grover refutes reports of being ‘least active’ investor on Shark Tank, makes investment public: ‘Was second highest deployer’

Ashneer Grover, who was one of the judges on the show's first edition but didn't return for its second season, said Namita Thapar was the highest investor, followed by him.

Ashneer GroverAshneer Grover was one of the judges on Shark Tank season one. (Photo: Ashneer Grover/Instagram)
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Ashneer Grover refutes reports of being ‘least active’ investor on Shark Tank, makes investment public: ‘Was second highest deployer’
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Former BharatPe co-founder Ashneer Grover has rubbished reports that he was the “least active” investor on the reality show Shark Tank and said he actually made an investment of Rs 2.95 crore on the show’s season one, with 11 deals.

A study conducted by PrivateCircle had reportedly mentioned that the seven judges had invested Rs 40 crore in 65 deals, where they were committed to invest on the first season, out of which nearly 27 deals were successful.

Ashneer Grover, who was one of the judges on the show’s first edition but didn’t return for its second season, tweeted that Namita Thapar, of Emcure Pharmaceuticals, was the highest investor, followed by him.

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“I, Ashneer Grover, invested ₹2.95 crores | 11 deals in Shark Tank Season 1. This makes me second highest deployer, only after @namitathapar who was highest both in terms of absolute and % closure. No surprises – Namita is a great pay master ! Both Namita and I are the top 2 in terms of absolute, % deals completed and % commitment invested,” a part of his tweet read.

The businessman also tweeted a picture of all his investments made on the show, with date and the amount. “Putting my investments by date in public – what Shark Tank should’ve done in the first place.”

Shark Tank India 1 had Anupam Mittal (Shaadi.com), Aman Gupta (BoAt), Ashneer Grover, Namita Thapar, Vineeta Singh (Sugar), Ghazal Alagh (MamaEarth) and Peyush Bansal (Lenskart) as the ‘sharks’.

In its debut season, the ‘sharks’ invested close to Rs 42 crore in 67 local businesses. The numbers almost doubled in season 2 as the ‘sharks’ invested almost Rs 80 crore in 103 businesses. Shark Tank India 3 will go on floors later this year. It will air on Sony TV and stream on SonyLIV.

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