Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<a href="http://www.businessinsider.in/searchresult.cms?query=india&amp;sortorder=effectivedate">India</a> is home to over a billion people, and naturally a billion ideas- some good, some extraordinary. Many of these ideas have even transformed themselves into business propositions, with entrepreneurs making money off it. But, unfortunately there also exists numerous ideas that do not see the light of the day, simply because no one has taken the responsibility of fine-tuning it or because the idea has gotten lost amid numerous others. 
 
But, that has hardly stopped the residents of the country’s largest democracy from dreaming. While the country witnesses the rise and fall of startups, there is nothing that could stop the aspiring entrepreneurs to give it a shot and seek their seed. 
 
Naturally, they could do with a little guidance- just like the contestants in the American reality show <a href="http://www.businessinsider.in/searchresult.cms?query=shark+tank&amp;sortorder=effectivedate">Shark Tank</a>. In the show, aspiring entrepreneur-contests make business presentations to a panel of ‘shark’ <keyword id="6359051" type="COMPANY" weightage="100" keywordseo="investors">investors</keyword>, who then choose whether or not to invest. It’s a win-win, really! 
 
Not only do <a href="http://www.businessinsider.in/searchresult.cms?query=indian+entreprenuers&amp;sortorder=effectivedate">aspiring entrepreneurs</a> know if their idea is worth it or not, but they also get the opportunity to be heard- that too by eminent investors. 
 So, the question really is- Does India and its entrepreneurs need a version of <keyword id="1417364" type="COMPANY" weightage="100" keywordseo="Shark-Tank">Shark Tank</keyword>? We certainly think so. 
 
Here’s why: 
 
 
 
1) India’s got talent: No one doubts the fact that India can truly surpass the innovation happening at the <a href="http://www.businessinsider.in/searchresult.cms?query=silicon+valley&amp;sortorder=effectivedate">Silicon Valley</a>. But what is really stopping us from getting there? We can’t say that a show like Shark Tank will wave a magic wand and India will rise… but we have to start somewhere and a platform like this will truly give that perfect start. We’ve got ideas, passion, vision which we really want to take it to the next level and being heard by eminent investors will certainly help in that regard. 
 
2) A platform for household and rural ventures: Major innovation is happening in households &amp; rural areas. It is time we give them a platform where dreams of people who would otherwise never think of something big can get a chance which would change their lives. Numeroud good ideas get lost because most of the entrepreneurs hailing from the rural areas have no direct access to investors. Shark Tank would definitely change that narrative. 
 
3) Ideas need wings: Ideas make it large when there are funds to test them in real life. In order to give inspiring ideas their wings, a platform like Shark Tank, modified for the Indian tastes would be ideal. 
 
4) Investors/ Incubators, co-working platforms and big ideas all under one roof: What more could an aspiring entrepreneur want if not having all the factors to materialise their startup dream are available under one roof? <keyword id="3573504" type="UNKNOWN" weightage="100" keywordseo="desi-shark-tank">Desi Shark Tank</keyword> is something which could make this happen. 
 
5) Reality check is important: While we leave behind <keyword id="6357722" type="COMPANY" weightage="100" keywordseo="silicon-valley">Silicon Valley</keyword> and emerge as the hub of innovative, creative <a href="http://www.businessinsider.in/searchresult.cms?query=startups&amp;sortorder=effectivedate">startups</a>, some ideas would be worth giving a reality check so that we don’t witness the fall of the startup ecosystem. Feedback is necessary and there’s no better way for getting that if not by Shark Tank.

Here's why India and its entrepreneurs need a desi version of 'Shark Tank'

Yes, you read it right. A desi version of <keyword id="1417364" type="COMPANY" weightage="20" keywordseo="Shark-Tank">Shark Tank</keyword> is on the cards as the Indian government plans to give a push to entrepreneurs and startups. 
 
The Department of Industrial Policy and Promotion (DIPP) is planning the programme and wants to air it on India's national broadcast channel, Doordarshan. 
 
"We will hire an agency to scout for startups and investors to feature on the show. Actual funding will be provided to the winners," a senior DIPP official told ET. 
 
Shark Tank, modelled on a Japanese show, has been running successfully in the US since 2009. 
 
To take things to another level, the department wants to have a dedicated channel for startups and has written to the Information and Broadcasting Ministry for the same. 
 
“Just like there is a channel for kisan (farmers) there can be one for startups," the official told ET. 
 
In the Indian version of Shark Tank, budding entrepreneurs will pitch ideas to judges who will grill them before making any investment. 
 
As the government has always maintained, the startups will have to find innovative solutions to problems faced by industry and ministries as the government tries to encourage entrepreneurs to look beyond technology. 
 The government already has a ‘<keyword id="3003094" type="UNKNOWN" weightage="20" keywordseo="Startup-India">Startup India</keyword>, Stand Up’ action plan in place.

Indian version of Shark Tank coming soon!

E-Cell IIT Bombay is hosting the seventh edition of ‘The Ten Minute Million’ Challenge as a part of its annual flagship event - The <keyword id="473927" type="UNKNOWN" weightage="20" keywordseo="entrepreneurship-summit">Entrepreneurship Summit</keyword> on 6th and 7th February 2021. Popularly known as TTMM, it aims to provide early-stage start-ups with an opportunity to cut short the fundraising process and revolutionize how fund-raising is traditionally viewed. The previous six editions of TTMM have witnessed an overwhelming success. With 1 out of every 2 startups winning investors’ praise with their pitches and investment worth millions for every successful pitch, the event has received wide acclaim from experts and the media. This year in the online edition, E-Cell IIT Bombay gives you a chance to witness live pitching by some of the country’s finest startups. “We’ve tried to revamp the popular reality funding show, ‘Shark Tank’ in our own desi way and customized it according to the needs of the Indian startup industry to promote innovation and growth in the country. As students of a premier institution, we see ourselves as light-bearers to this era of disruption and try to do our best to achieve the common goal of self-reliance. ” - said Tavishi Jatrele, Media Head at E-Cell IIT Bombay. A similar event called ‘Seed Stars’ is also open for newer startups looking for significant venture capital funding to scale the product across different markets and further optimize the user base and product offerings. It provides the young entrepreneurs with an opportunity to pitch to a renowned panel of investors and negotiate to accelerate and grow their business. Registration for Seed Stars ends on the 29th of Jan 2021, so hurry up if you feel your startup idea deserves to be funded. Register at <a href="https://www.ecell.in/esummit">https://www.ecell.in/esummit</a>. E-Summit is a fest to celebrate the spirit of entrepreneurship and has a range of events from speaker sessions and workshops to competitions and hackathons, enough to cater to the needs of all the curious minds out there. With jam-packed electric events and energetic attendees with some of the brightest ideas ever, the E-Summit 2021 on the 6th and 7th of February is a must-attend event for everyone who likes great ideas! So what are you waiting for? Book your calendars already! Business Insider is the Insights Partner for the summit. SEE ALSO: <a href="https://www.businessinsider.in/budget/news/do-not-panic-when-finance-minister-nirmala-sitharaman-reads-out-the-revised-estimates/articleshow/80400869.cms" data-type="tilCustomLink">Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates</a> <a href="https://www.businessinsider.in/budget/news/here-are-the-major-changes-that-could-reportedly-come-up-with-the-union-budget-2021-by-nirmala-sitharaman/articleshow/80325146.cms" data-type="tilCustomLink">Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans</a>

A golden chance for startups to raise a funding of ₹2 million in just 10 minutes at IIT Bombay’s E-Summit 2021

You Searched For "desi shark tank" and got 3 results

Here's why India and its entrepreneurs need a desi version of 'Shark Tank'

Poulomi Das

Indian version of Shark Tank coming soon!

BI India Bureau

A golden chance for startups to raise a funding of ₹2 million in just 10 minutes at IIT Bombay’s E-Summit 2021

BI India Bureau

Popular Keywords

Buying Guides