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Oct 05, 2024 08:57 PM IST
A report claims that Swiggy has agreed to sponsor Shark Tank India so long as the Zomato founder doesn’t return to the present as an investor.
Meals supply apps Swiggy and Zomato’s rivalry appears to have reached a peak with the following season of Shark Tank India as their battleground. A report by Moneycontrol claims that Swiggy is near finalising a deal for the 4th season of Shark Tank India, however they’ve a stipulation earlier than they signal the dotted line. (Additionally Learn: Shark Tank India Season four to be again with 4 OG Sharks; Sahiba Bali, Ashish Solanki be a part of as new hosts; capturing begins)
Swiggy ousts Goyal from Shark Tank?
The report claims that Swiggy is finalising a deal to sponsor the following season of Shark Tank India for ₹40-60 crore. However as a part of the settlement, rival firm Zomato’s founder and CEO Deepinder Goyal should not return to the present as an investor. The report claims that Swiggy’s bid to dam Zomato from the present simply underlines the rivalry between the 2 corporations that compete in meals and grocery supply. It additionally claims that whereas they had been evenly positioned initially, Zomato has widened the hole lately by taking the lead. Swiggy and Sony Tv didn’t touch upon the matter.
Speaking on the ET Startup Awards, Deepinder seemingly confirmed the identical: “The startup tradition of India is an excessive amount of about showmanship. I went there to set a unique narrative, be actual and alter how folks understand. I felt an ethical obligation to go there. I shot for one weekend and gave my perspective. I, sadly, can’t return as a result of Swiggy sponsored Shark Tank and kicked me out, at the very least that’s what I heard.”
About Shark Tank India
Sony Tv just lately started capturing for the fourth season of Shark Tank India final week with Anupam Mittal of Folks Group, Aman Gupta of boAt Life-style, Namita Thapar of Emcure Prescribed drugs, Peyush Bansal of Lenskart and Ritesh Agarwal of OYO returning as sharks.
Deepinder debuted as a shark on season three of the present, incomes reward from viewers for his interactions with the founders.
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