Ashneer Grover, co-founder and former managing director of fintech platform BharatPe, was seen as one of the sharks on the first season of Shark Tank India. Even after the first season ended, the sharks have been making headlines for multiple reasons. Recently, at an event, Ashneer spoke about how much money the sharks were paid for their appearances on the show which became a huge hit.
While giving a lecture at Lovely Professional University, Ashneer joked that the makers of the show, "bade gareeb log hain."
He went on to add, "None of us went with the intention of making money. 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." ALSO READ:Shark Tank India's Ashneer Grover Says Vineeta Singh Was His 'Hot Junior' At IIM; Adds, 'We Never Spoke But Exchanged Flirtatious Glances'
He continued, "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. We weren't paid anything for any episode. In fact, we worked like bonded labour for hours and hours."
The first season of the show was a success. Apart from Ashneer Grover, the other sharks on the show were Aman Gupta, Anupam Mittal, Vineeta Singh, Namita Thapar, Peyush Bandal and Ghazal Alagh. On the other hand, a couple of days ago, the makers of the show announced the second season of Shark Tank India. They gave registration details for the budding entrepreneurs.