Shark Tank India features real business pitches but fake cheques— at least the ones given immediately after a deal has been made.
Amit Jain has revealed interesting behind the scenes of how the popular TV show is mounted.
Jain, surprised with the question, laughed and said, “Woh cheque toh nakli hote hai bhai!”“Woh symbolic cheque hote hai.
It has the format made by Shark Tank.
During shorter shoot breaks, Amit Jain said the team of judges assemble at the lounge area.
Shark Tank India features real business pitches but fake cheques— at least the ones given immediately after a deal has been made. Amit Jain has revealed interesting behind the scenes of how the popular TV show is mounted.
In an interview with Bhanu Pathak on his YouTube channel, Car Dekho’s Amit Jain was asked about how the promised investment by a shark on the show reaches the investors once they are handed the cheque. Jain, surprised with the question, laughed and said, “Woh cheque toh nakli hote hai bhai!”
“Woh symbolic cheque hote hai. It’s not linked to my account. It has the format made by Shark Tank. It’s personalised, the company name is there, my signature, my amount but not my bank account! The cheque signifies that a deal has happened. Then the due diligence happens, papers are called, whatever you said on the show will be verified,” he added.
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The entrepreneur also revealed what happens behind the stage when the camera isn’t rolling. During shorter shoot breaks, Amit Jain said the team of judges assemble at the lounge area. “Namita (Thapar) gets her home cooked food. She’s like the ‘mother’ in the group. So we munch on her food, there’s a small pantry. It’s a small area but there’s a lot of fun that keep happening. Dance, music, Aman (Gupta) gets his speakers, plays music on full volume and people dance. On the show you’re competing, not when you’re in the lounge.”
Amit Jain also spoke about how he is an involved investor, who is hands on with the pitches he is involved in. The businessman said he has given his cell phone numbers to them, so whoever wants to get in touch can directly do that.
“You’ll never hear about me that I’m not paying attention, if I’ve invested in a startup, I also give my time. If I invest in someone, before their pitch or rolling I meet them. So we spend one and a half hours before that, where I can guide them on how to prepare before it airs. I make sure that I meet every single investee company before airing, tell them to make inventory, work on the website, track numbers,” he added.
