Indian version of Shark Tank coming soon!
Advertisement
Yes, you read it right. A desi version of Shark Tank 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 ‘Startup India , Stand Up’ action plan in place.
Advertisement
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.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
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.
Advertisement
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 ‘
Advertisement
- CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
- We bought a house in Japan for $30,000. We'll have more land than we could afford in the US, and our kids will be more independent.
- Rumors Prince William is having an affair with Rose Hanbury are flooding social media again after Stephen Colbert waded into 'Katespiracy'
- Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants
- Bank of Japan ends decades-long negative interest policy
- Realme Narzo 70 Pro with Dimensity 7050, 5,000mAh battery launched in India
- Popular Vehicles shares make weak market debut; decline nearly 2% in opening trade
- TCS shares tank over 3% after Tata Sons divests 0.65% stake