Namita Thapar says she invested Rs 10 crore on Shark Tank India, reveals she ‘regrets’ not backing Jugaadu Kamlesh
Namita Thapar, the co-founder of Emcure Pharmaceuticals and a ‘shark’ on Shark Tank India, wrote an editorial recounting her experiences on the truth reward. Namita published within the article that the shoot used to be lengthy an laborious, and that she invested Rs 10 crore in 25 companies.
By comparison, he fellow ‘shark’ Anupam Mittal had no longer too lengthy ago published in a LinkedIn put up that he had invested aroud Rs 5.4 crore on the reward, in 24 companies. Namita has been writing weekly articles on YourStory, detailing her abilities on the reward.
She wrote, “The total shoot ended by December 12, 2021, and the reward launched on December 20. I saw spherical 170 pitches and invested Rs 10 crore in 25 companies that touched my coronary heart. I invested Rs 7 crore throughout the reward and Rs 3 crore put up the reward in affords I had lost out on and in a pair of novel affords to elongate my stake.”
Namita stated that she has a definite residence of standards when she makes her investing choices–she appears to be like at the founder, the residence off, the proof of idea, the abilities, and a ‘enjoyable aspect’. She stated that she used to be admittedly biased in direction of healthcare affords and girls folk entrepreneurs, and that she doesn’t idea on being a ‘passive investor’ within the companies that she has backed.
But she has affords that purchased away, about which she is regretful. “Leaders care for me must aloof be daring, support such founders and be definite they turn out to be a success so that entrepreneurship doesn’t proper turn out to be the dream of those with the upright education and property but even of the general man. Right here is one of our core tasks as industry leaders who were blessed with energy and privilege, who other folks explore as a lot as… and no longer investing in Kamlesh and Pandurang live my proper regrets at Shark Tank India,” she stated.
Kamlesh had impressed the total panel with his agriculture idea, receiving a deal from Peyush Bansal. His pitch used to be declared the ‘pitch of the season‘.