Shark Tank India 3: Anupam Mittal Reveals Losing Crores By Investing In Raj And DK's Films

Shark Tank India 3: Anupam Mittal Reveals Losing Crores By Investing In Raj and DK's Films

In the latest episode of Shark Tank India 3 , two Telugu filmmakers, Hyderabad-based director Raj Madiraju and producer Umamaheshwar Ch, pitched their upcoming film Krishnrama which is the sequel to their 2023 film Krishnarama. They asked for an investment of Rs 2 crore for 30 per cent equity. Anupam Mittal wasn't too keen and highlighted a fundamental flaw in the pitch. On the other hand, Aman Gupta was amazed to learn that the makers made the film in just Rs 2.62 crore. They had made a profit of Rs 28 lakh already before release.

Anupam Mittal recalls losing money by investing in Raj and DK 's films

During their pitch, Anupam Mittal recalled the time he funded a few projects for directors Raj and DK. He revealed losing a few crores when their films didn’t work. Anupam said, “Nobody makes money in this business. I want to thank you because you’ll made me nostalgic. Today Raj and DK have become Bollywood’s biggest directors, they are amongst the top, and they had pitched me a film that was exactly this. They made the film in the US, and from there we went on to make another film as well. Raj and DK became the top Bollywood directors but I lost all the money. So I studied a lot in depth.”

Anupam further explained that a lot of film producers are in debt and that Raj and DK were also naive and were just learning. When Aman Gupta asked Anupam how much money he lost, he revealed that it was a few crores.

Bollywood directors Raj and DK

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