Over a year after Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups that participated in the show, according to an analysis by PrivateCircle Research.
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In all, sharks committed a total of Rs 40 crore to 65 companies (only equity rounds) during the first season but invested only Rs 17 crore across 27 startups which translates to a strike rate of only 42.5 percentage, PrivateCircle said.