Shark tank India Registration & Details

• Posted on Jul 16, 2021
• |
• By Shrotriyo S

The popular American business reality show, Shark Tank is now in India. After having 12 successful seasons in the USA, it is now in India. The first season of shark tank is brought to India by SONY TV. Furthermore, it has been widely successful for its unique concept. Here is all you need to know about Shark Tank and how to complete registration.

What is Shark Tank?

Shark Tank is an American business reality show owned by ABC television, which aired first on 9 August 2009. The idea of the game show includes budding entrepreneurs pitching their business ideas to investors or sharks who then decide whether they would invest in that business, entrepreneur or not. The American version Robert Herjavec & Kevin O’Leary are long standing judges. The Canadian version of this show is called Dragon’s Den

How to Register for Shark Tank in India?

If you intend to register for this show you must have the Sony Liv app. This show has been created by Studio Next. To register in shark tank you must follow the process mentioned below.

1. The first step of the process of registration includes downloading the Sony Liv app on your mobile device.
2. Once the download is complete you have to log in to the app using your mobile number
3. Search for Shark Tank India in the portal
4. After the page opens, click on the option of registering for the show
5. A new page will load, where you have to fill in all your details correctly.
6. After filling in the details correctly, click on the submit button.
7. The registration is complete after submission.

What will be the selection process?

The registration process may be simple. Nevertheless, selection may be difficult and time consuming. The show will receive registrations from all around India, which will be further short listed and only the best ideas will be selected. It takes some time for the team to choose the applicants in such a circumstance. When a person is chosen, the best five teams can obtain funds from the shark tank team and acquire the momentum to grow their business.

Now, about the entrepreneurs who were selected. The Sharks do not always invest. However, they have the objective to acquire a new company. Now it is needed that the business idea is of the highest level, an opportunity that the organisers can’t pass to be a part of. Essentially, all potential entrepreneurs compete with each other. Shark Tank show cases the ability of the entrepreneurs and the sharks (investors) to negotiate and reach a mutual agreement.

Who are the investors and Judges?

You know that the Sharks, from above, determine whether or not to invest in a firm or an idea. The sharks or the investors will be people of repute from the Indian capital market. However, the identities were not revealed at this point. Moreover, the organizers may potentially release the names after registration process is complete.

Additionally, the organisers have heavily marketed and publicised the show. The commercial portrays a person wanting to be a businessman is demotivated by his family & friends. The man further talks about ‘expert review’. Sony Liv wrote on their social media handle that “‘jahan Sharks, yaani India ke experienced businessmen, aapke business aur business idea ko parkhenge, taraashenge aur bada banayenge’.

This show could potentially boost the entrepreneurship spirit of the Indian youth and promote the idea of having your own business. Although, the organisers have not stated when the show will go live it is expected to go live by August 2021 end. On completion of the registration process, once the best business ideas have been shortlisted.

• Posted on Jul 16, 2021
• |
• By Shrotriyo S
• |
• 0 Comments