Mumbai: Ritesh Agarwal, the founder and CEO of OYO Rooms, will join the panel on the popular show Shark Tank India. At 29, Agarwal will become the youngest shark on the panel, which already comprises Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapar, Vineeta Singh, and Peyush Bansal.
Confirming his participation in the show, Agarwal said in a tweet: “@sharktankindia made entrepreneurship a household conversation and I am excited to be a small part of Season 3 and support more entrepreneurs emerging out of every corner of India.”
Agarwal said, “When I began my entrepreneurial journey, resources were hard to come by. However, the generosity and kindness of the ecosystem (mentors, VCs, other founders) that took me in made the journey a bit easier and more fulfilling. To be able to replicate this has been a long-standing goal of mine. Whenever the opportunity presented itself, it made me extremely happy to connect with, mentor and back entrepreneurs at every stage of their own personal journeys.”
“I have extended my support to numerous startups, provided guidance to entrepreneurs within the Naropa Fellowship cohort, assisted small businesses across India, and whenever possible, I have wholeheartedly contributed to the community that stood beside me during my formative years,” he added in the tweet.
When I began my entrepreneurial journey, resources were hard to come by. However, the generosity and kindness of the ecosystem (mentors, VCs, other founders) that took me in made the journey a bit easier and more fulfilling. To be able to replicate this has been a long-standing… pic.twitter.com/Ku8SBTUjaN
— Ritesh Agarwal (@riteshagar) September 30, 2023
The show provides a platform for business aspirants to chase their entrepreneurial dreams with their business ideas to experienced investors and business experts who are referred to as ‘The Sharks’.
It is the Indian franchise of the American show ‘Shark Tank’, and shows entrepreneurs making business presentations to a panel of investors or sharks, who decide whether to invest in their company.