Anupam Mittal Reveals He Lost All His Money Investing In A Raj & DK Project
Shark Tank India is the fact present of entrepreneurial goals! However some sharks have made unhealthy investments that may have price them Crores. Anupam Mittal has been the shark for 3 seasons, however he revealed shockingly about shedding cash due to this well-known director duo. We’re speaking about The Household Man’s creators, Raj & DK. He admitted that the Director duo is understood for churning out hit after hit, however they price Anupam Mittal crores.
This season has seen a lift in entrepreneurs pitching some very cool and weird concepts. Some merchandise pitched in Shark Tank India Season 3 have additionally shot up out there. However one explicit set of pitchers made Anupam Mittal nostalgic.
Within the newest episode of Shark Tank India, in a brand new twist, Two Telegu filmmakers, Raj Madiraju and producer Umamaheshwar Ch, got here on the present in search of an funding to fund their sequel. They requested an funding of Rs 2 crore for 30% of the film, titled Krishnrama. The film is a sequel to the 2023 movie Krishnarama.
Anupam Mittal praised the producers for showing on the present, which made him ‘nostalgic.’ He acknowledged, “No one makes cash on this enterprise. As we speak, Raj and DK have change into Bollywood’s largest administrators, amongst the highest, they usually pitched me a movie that was precisely this. We truly made the movie within the US. And they’re additionally Telugu and Tamil. From there, we went on to make one other movie. Raj and DK turned the highest Bollywood administrators, however I misplaced all the cash right here.”
He additional clarified that he wasn’t scammed by Raj & DK; as a substitute, it was a time when everyone was studying, and this stuff occurred. When Boat founder Aman Gupta probed into the quantity of loss, Mittal simply stated that he misplaced just a few crores.
Anupam additionally gave insights into the trade’s workings, saying, “I studied about this trade lots after that. And I understood that the present individuals within the trade who’ve been producing movies for a very long time are additionally in heavy debt however nonetheless preserve producing.”
This incident simply bewildered the opposite Sharks, and the pitch quickly turned humorous.
Keep tuned to Koimoi for extra updates!
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