Shark Tank India: When Namita Thapar commented 'Shark Tank mai aake valuation bhad jata hai' on entrepreneur's pitch

Shark Tank India judge Namita Thapar, fondly known as ‘Pharma queen’, has made headlines for her one-liners on her area of expertise on the reality show. The Emcure Pharmaceuticals co-founder has also known for being very sensitive and welcoming towards the entrepreneurs who entered the show for investments. However, we recalled one such episode where she became sarcastic on hearing a valuation of the business idea that was pitched on the reality show.

It happened during the pitch of Swati Gupta, Sudeep Gupta, and Sajid Khan, co-founders of Store My Goods, who presented technology-enabled solutions to the storage needs of individuals. They made an ask of Rs 1 crore for 1.75 percent equity taking the company’s valuation to Rs 60 crores valuation. When the judges quizzed about their previous valuations, the start-up founders quoted three months old valuation of Rs 30 crores. On finding their offerings much higher than expected, Thapar quipped, “Shark Tank mai aake valuation bhad jata hai,”(Valuations get increased when they enter Shark Tank), taking a dig at the unreasonable demand of the entrepreneur. Immediately after co-judge Vineeta Singh(SUGAR cosmetics co-founder) said,” This is happening a lot”.

Read More- Shark Tank India: When Ashneer Grover called a start-up founder 'khiladi'

Earlier, Thapar’s one-liners, “Yeh meri expertise nahi hai, and for that reason I am out, all the very best” among others started a meme fest on the internet. However, Thapar has taken the recurring ‘not my expertise’ comment becoming a joke, rather positively. “It has happened a lot of times, and why not? Bring it on dude! Agar expertise nahi hain, wahan nahi hain.”she told in an interview with host Abish Mathew.

Meanwhile, Thapar has made investments worth ₹10 crore in 25 businesses on the show. “I saw around 170 pitches and invested ₹10 crore in 25 companies that touched my heart. I invested ₹7 crore during the show and ₹3 crore post the show in deals I had lost out on and in a few existing deals to increase my stake.” she was earlier quoted saying to a news portal.

Read More- When Shark Tank India judge Ashneer Grover's wife asked him switch from post-paid to pre-paid mobile plan: 'Kara lo sasta padega'