Shark Tank India is set to return for a third season on SonyLIV from January 22, 2024, the makers announced on Friday in a new promo video of the popular business reality show.

The promo video goes on to highlight how innovative business ideas can hit success with the backing of the investors on the show. The clip shows a young employee resigning from a company even as his bosses try to persuade him against launching a startup. The employee, however, ignores them and pitches his business idea to the judges of Shark Tank India, opening up the vista for a new venture.

Hosted by Rahul Dua, Shark Tank India Season 3 will have 12 sharks on the judges’ panel. Aman Gupta (co-founder and CMO of boAt), Amit Jain (CEO and co-founder of CarDekho Group), Anupam Mittal (founder and CEO of Shaadi.com – People Group), Namita Thapar (executive director of Emcure Pharmaceuticals LTD), Vineeta Singh (co-founder and CEO of SUGAR Cosmetics), Peyush Bansal (co-founder and CEO of Lenskart.com) from the last season’s panel will return as judges to the popular show.

Ritesh Agarwal (Founder and CEO of OYO Rooms), Azhar Iqubal (co-founder and CEO of Inshorts), Radhika Gupta (MD & CEO of Edelweiss Mutual Fund), Ronnie Screwvala (co-founder and chairperson of UpGrad), Deepinder Goyal (founder and CEO of Zomato) and Varun Dua (founder and CEO of ACKO) will appear as new judges on the show.

After debuting on TV in 2020, Shark Tank India went on to become an instant hit. Modelled on the American show Shark Tank, the reality series shows aspiring entrepreneurs pitching fresh business ideas to a panel of investors — known as sharks — who decide whether to fund their propositions.