Aman Gupta, co-founder of boAt and one of the original faces of Shark Tank India, has voiced concern about the motivations of some new judges on the popular startup investment show. Speaking candidly during a podcast appearance, he said that while veteran sharks came in with a clean record and real business interest, newer faces may be using the platform to improve their public image.
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“Some joined only after they saw what the show did for Anupam and me. They had FOMO. They wanted to become sharks not for investing, but to fix their character,” Gupta said, without naming anyone directly.
Since its debut in 2021, Shark Tank India has featured recurring investors like Anupam Mittal, Namita Thapar, Peyush Bansal, Vineeta Singh, and Gupta himself. The fourth season, however, introduced fresh names such as Kunal Bahl (tech investor), Viraj Bahl (Veeba), and Chirag Nakrani (Rayzon Solar).
Gupta emphasized that while his character and intent have stayed the same across seasons, he feels not all newcomers share the same authenticity.
Gupta further reflected on how media and social attention can create what he called a “God complex” in successful people. “People start thinking they can do no wrong. That’s where the downfall begins,” he warned.
Recalling his early days, Gupta shared that after quitting his job at JBL, he spent nearly five years without a steady income. That’s when he started building boAt.
“I was happy even without money because I was creating something. I didn’t know it would turn into this. But I believed in the work,” he added.
While Gupta did not call out any shark by name, his message was clear public platforms must be used responsibly, not as image makeovers. He remains committed to authenticity and believes success should follow value, not the other way around