Ashneer Grover clarifies the rumors about being paid 10 lakhs per episode!

BharatPe’s co-founder and former managing director Ashneer Grover graced the first season of the popular show Shark Tank India as he was one of the seven investors. In a recent conversation, he revealed about the amount being paid to them for their appearances.

He made a shocking revelation, “None of us went with the intention of making money. Let me tell you the truth, none of us made any money from the show. Some people said that we made rupees 10 lakh per episode, but I’d have been happy with even rupees 5 lakh. The concept of the show is very simple; they believe we have money, and they felt that we all have high-value startups, we’d be able to invest some money on the show. So, they asked us to commit to spending rupees 10 crores each on the show. We said okay. We weren’t paid anything for any episode; in fact, we worked like bonded labour for hours and hours.

For the unversed Ashneer Grover had to resign from the post of managing director at BharatPe after he was accused of misappropriations of funds. But he has gained immense popularity after the first season of Shark Tank India.