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Apr 13, 2023, 6 tweets

#MintPlainFacts | A Mint analysis of 320 #startups pitched on the show examines to what extent they reflect the reality of India’s entrepreneurial landscape.

Read here: livemint.com/companies/star…

#MintPlainFacts | Over 40% of the pitches have been in the fast-moving consumer goods (#FMCG) space, and 18% in beauty and fashion, the analysis showed.

Read here: livemint.com/companies/star…

#MintPlainFacts | “Sharks" are the panel of investors the #startup teams need to woo to get money their way. Half of all pitches came from founders from just four cities—Mumbai, Delhi, Bengaluru & Pune.

Read here: livemint.com/companies/star…

#MintPlainFacts | Over 50% of #SharkTank India pitching teams were either all men, or had more men than women, the analysis showed. Women-led #startups constituted less than 15% of all pitches.

Read here: livemint.com/companies/star…

#MintPlainFacts | Sharks often manage to destroy the valuation anchors set by entrepreneurs by seeking higher equity in exchange for desired funding.

Across sectors, the average valuation offered was less than half the valuation requested.

Read here: livemint.com/companies/star…

#MintPlainFacts | No shark invested more than 10% of their net worth. 1 in 5 deals involved debt to keep the money secure.

The show is a great stage for #startups, but needs diverse pitches and more diversified sharks in the seasons to come.

Read here: livemint.com/companies/news…

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