Shark Tank India’s Peyush Bansal reveals why he avoided signing contract for the show even after they’d begun filming: ‘I kept delaying’

“When day one happened, I still hadn’t signed the contract. Pitchers were coming in, and it was then that I started having fun. So, I signed on,” he said. Asked if he would’ve bailed on the show if he didn’t enjoy the first day of shoot, Peyush said that he had given them his word, so he wouldn’t have quit, but he wasn’t confident about the whole enterprise.

After being approached for the show via his co-founder, Peyush said that he had apprehensions. But he found himself hooked on to the original American version during a trip to the Maldives with his wife, and then during a bachelors party that he attended. “We were in the Maldives for three days, and all three days I was watching Shark Tank, with the ocean in front of me,” he said.

Peyush also spoke about having self-doubts. He said that he doesn’t think he’s the ‘right person to give advice’ to aspiring entrepreneurs. “I genuinely feel that advice is overrated and it can do some harm to good entrepreneurs,” he said.

Peyush became a household name after the show, along with his fellow ‘sharks’ Anupam Mittal, Namita Thapar, Vineeta Singh, Ghazal Alagh, Aman Gupta and Ashneer Grover. A second season is in the works.