Zomato’s Deepinder Goyal says Shark Tank ‘kicked’ him out because of Swiggy’s sponsorship for next season: ‘Shot for one weekend.’

on

|

views

and

comments

As Shark Tank India gears up for its fourth season, controversy has erupted. Zomato CEO Deepinder Goyal alleges that Swiggy fired him from the show.

Yet another edition of the hit business reality television series Shark Tank India is set to arrive soon, with filming having commenced a few days ago and judges Anupam Mittal, Namita Thapar, Aman Gupta, Ritesh Agarwal and Peyush Bansal are all making a comeback. Since its debut in 2021, the show has captivated audiences by featuring entrepreneurs pitching their business ideas to a group of investors who decide whether to invest in their company. As the show gears up for its fourth season, controversy has erupted with Deepinder Goyal, founder and CEO of the restaurant aggregator and food delivery company Zomato, will not be returning because Swiggy, one of Zomato’s rivals, is going to be a key sponsor of Season 4. Deepinder said he was “kicked out” of the show because “Swiggy sponsored Shark Tank.”

“The startup culture of India is too much about showmanship. I went there (on Shark Tank India) to set a different narrative, be real and change how people perceive. I felt a moral obligation to go there. I shot for one weekend and gave my perspective. I, unfortunately, can’t go back because Swiggy sponsored Shark Tank and kicked me out, at least that’s what I heard,” he said at the ET Startup Awards, Hindustan Times reported.

View this post on Instagram

A post shared by Deepinder Goyal (@deepigoyal)

Swiggy, meanwhile, is reportedly close to finalising a Rs 25 crore sponsorship deal for Season 4 of the show. According to sources, the deal includes a clause demanding Goyal’s departure from the panel. If the report is believed, this indicates the escalating tensions between Swiggy and Zomato. This move could potentially shift the show’s dynamics, as it brings one of Zomato’s main competitors into a significant role.

Sources said Swiggy aims to raise Rs 3,750 crore through fresh equity shares and an Offer for Sale (OFS) component worth Rs 6,664 crore. Of the fresh funds, Sources reported that Rs 950 crore is allocated for brand marketing and awareness, as detailed in its Draft Red Herring Prospectus (DRHP).

Deepinder Goyal joined Shark Tank India in Season 3 and quickly gained recognition.

Share this
Tags

Must-read

G-7 Summit: कनाडा आया राह पर, मार्क कार्नी ने PM मोदी को फोन कर किया आमंत्रित

भारत को इस साल कनाडा में होने वाले G-7 शिखर सम्मेलन में भाग लेने के लिए आधिकारिक निमंत्रण मिला है। प्रधानमंत्री नरेंद्र मोदी ने...

Bangalore Stampede: बेंगलुरु में भगदड़ में 11 आरसीबी प्रशंसकों की मौत, डिप्टी सीएम ने कहा- हमें दुख है, सीएम ने मुआवजे का किया ऐलान

Bangalore Stampede: मुख्यमंत्री सिद्धारमैया ने इस त्रासदी पर गहरा दुख जताया और मृतकों के परिजनों को 10 लाख रुपये मुआवजा देने की घोषणा की।...

राजस्थान में सफर होगा ग्रीन और हाईटेक! 9 शहरों की सड़कों पर दौड़ेंगी 1100 इलेक्ट्रिक बसें, जयपुर को मिलेगी सबसे बड़ी सौगात

राजस्थान में पीएम ई-ड्राइव योजना के तहत 9 शहरों में 1100 इलेक्ट्रिक बसें शुरू की जाएंगी। पहले चरण में 675 और दूसरे चरण में...

राजस्थान दिवस पर बधाई देते हुए अनिल अग्रवाल ने कहा-जन्मभूमि राजस्थान दिल के बहुत करीब

राजस्थान दिवस के अवसर पर वेदांता समूह के चैयरमेन अनिल अग्रवाल ने सोशल मीडिया पर प्रदेश वासियो औऱ मुख्यमंत्री भजन लाल शर्मा को बधाई...

हिन्दुस्तान जिंक द्वारा राजसमंद में 70 नए नंदघरों का शुभारंभ, इस वर्ष अब तक 101 नदंघर प्रारंभ

• राजसमंद विधायक दीप्ति माहेश्वरी और हिन्दुस्तान जिं़क के सीईओ अरुण मिश्रा ने किया उद्घाटन• अनिल अग्रवाल फाउण्डेशन की प्रमुख सामुदायिक पहल, नंद घर...

More like this

LEAVE A REPLY

Please enter your comment!
Please enter your name here