Sharks on the debut episode of Shark Tank India on Monday rejected a pitch only because Vineeta Singh’s beauty line would have faced competition.
Season 2 of Shark Tank India premiered on small screens on Monday. Five sharks—Aman Gupta, Vineeta Singh, Peyush Bansal, Namita Thapar, and Anupam Mittal—heard a number of compelling pitches and chose to back a couple of them. Recode, a competing makeup line to Vineeta Singh’s Sugar, was the key reason a proposal for that line was turned down. Many viewers expressed their dissatisfaction with the practise on Twitter.
The two small-town business owners startled the sharks with their pitch of their in-house makeup line, Recode, and their revelation of some intriguing business tactics. All of them, with the exception of Peyush Bansal, rejected the pitch despite the fact that it came from the same field as Vineeta Singh. The co-founder of Sugar was similarly taken aback when she learned that Sugar follows Recode on Instagram.
Another person questioned, “Why have they made Shark Tank season 2 a full-length television drama? I don’t invest in my friend’s competition, “mein apne doston ke competition pe invest nahi karta,” bhai. You two are investors; what’s wrong with you two? This is dumb, Peyush did it so well. On #SharkTankIndiaS2, the following sectors were closed for fund raising: Mekup Brands, pharmaceuticals, and eyewear, as noted by a Twitter user. Shark Tank is present in Kay Majak Bana Rakha. Is sector me, Ye logon ne apna group bana Rakha hai They have turned it into a comedy, Aage nahi badhne denge. These folks have formed a group and will not allow anyone to pass them. a similar remark.