Shark Tank Comes to Bangladesh
The world’s number one business show, Shark Tank, is coming to Bangladesh. Bongo, Bangladesh’s leading entertainment platform, has signed a deal with Sony Pictures Television to produce a local version of the hit series which has aired in more than 40 countries across the globe. Robi has come onboard as the Title Sponsor of the show, alongside Powered by partner Startup Bangladesh. By: Wee Yan Ling
Entrepreneurs are allowed to pitch their business idea to a panel of investors, known as Sharks who can offer the entrepreneur cash for a deal if they like the opportunity. Whether it is a prototype of a new product, or an existing product or service, the entrepreneurs have to convince the five sharks to invest in their idea to help turn their life’s work into a household name.
The "Sharks," who are entrepreneurs, have contributed over $600 million in investments on the show, leading to substantial growth for numerous companies. Entrepreneurs who have joined the "Shark" network have experienced remarkable expansion and have generated billions of dollars in sales after securing deals and appearing on the show. Bongo is assembling an intriguing panel of local "Sharks" representing prominent businesses and industries, with the official announcement of the panellists coming at a later date.
“We are very excited to be a part of this show. Startup Bangladesh is committed to investing behind top quality entrepreneurs, and to help support young minds who are the future leaders of our country. This show is a great platform for entrepreneurs to get the exposure and potential investment from solid investors, to take their business to the next level,” said Zunaid Ahmed Palak, Honourable Minister of State for ICT.
Bongo has signed renowned director Gazi Shubro to shoot the show, and also partnered with SBK Tech Ventures to help support this initiative.
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