Shark Tank India has taken the country by storm. It has instilled a sense of entrepreneurial spirit in the youth which is quite amazing.

But what does it take to be an entrepreneur?

Determination, perseverance and most importantly the ability to never give up. 

Building on this perspective, Sharan Hegde, recently asked a very important and interesting question to the judges of Shark Tank India.

“What would you do if you were down to your last 1 Crore?”

So, let’s see how sharks invest their money?

Ritesh Agarwal, Founder, OYO Rooms

The founder and CEO of OYO Rooms, Ritesh Agarwal, had crystal clear clarity when it came to answering the question.

Having taken OYO to such great heights, Ritesh was certain that in case things go down south and he was down to his last 1 crore then he would rebuild OYO based on the learnings he has had over the years of his entrepreneurial journey.

Vineeta Singh, Co-Founder, Sugar Cosmetics

Vineeta, the co-founder of Sugar Cosmetics, seemed to have a very structured answer to this question. 

She seemed to have thought a great deal about it. As per Vineeta, if she was down to her last 1 crore, she would:

a.) Go to the Amazon trending section.

b.) Buy inventory of something that can get high reviews and doesn’t have much competition.

c.) Build an Amazon marketplace business.

Her reasoning behind this was that the e-commerce sector is booming in India. Moreover, marketplaces like Amazon allow you to sell your products to more than 19,000 pincodes which makes it a great business.

Azhar Iqubal, CEO, Inshorts

Being an honest entrepreneur, Azhar Iqbal, responded by saying that he doesn’t have much experience when it comes to generating wealth from money.

The majority of his experiences consisted of him building a business without any money. 

Therefore, if given a chance again, he would like to rebuild Inshorts or build a business from ground zero by understanding the needs of the customer.

Namita Thapar, CEO, Emcure Pharmaceutical

Being an experienced professional in the pharmaceutical industry, Namita’s inclination was towards health tech in India.

As per Namita, there are 3 major issues in the country when it comes to healthcare which can be defined through three As:

a.) Affordability

b.) Awareness

c.) Access

Therefore, Namita would like to put her Rs 1 crore in a health tech business which caters to these issues.

Watch: Behind The Scenes Of Shark Tank India

Aman Gupta, Co-founder, Boat

Aman being the humorous person that he is had a really witty answer to the question.

When asked about what would he do if he was down to his last 1 crore? He said that he would divide that money equally and put it in the businesses of all the 4 sharks sitting beside him. 

This would help him get loads of returns.

Now that’s how real sharks invest. Aman’s strategy seemed quite similar to how retail investors invest in an IPO and wait for plentiful returns.

However, Aman did emphasize that it’s much easier to build a business now than it was 10 years back.

Therefore, all you need to do is understand the consumer needs well and find a good niche. Once that’s done, money would start flowing.

Also read: How to invest in startups in India?

What else happened?

Well, Sharan asked a variety of interesting questions to the judges of Shark Tank India and the answers were simply mind-blowing. Moreover, all the shark’s investment strategies seemed quite interesting and unique.

So, if you are interested in knowing more about value addition to startups, common mistakes by founders and some amazing business evaluation insights, and how sharks invest, check out the video above.