Tyra Banks to mentor new show 'Funded'

Los Angeles,  (PTI) Former "America's Next Top Model" Tyra Banks has landed a new TV show "Funded".

After quitting "America's Next Top Model" and "FABLife", the former supermodel is now tapped as one of the mentors in the new Shark Tank-esque show for NBC, reported Ace Showbiz.

Banks, 42, will be joined by two other mentors. They are Rob Dyrdek, the venture capitalist who holds 21 Guinness World Records for skateboarding, and Rohan Oza, the branding expert best known for his work on Vitamin Water.

The contestants will be competing for USD 1 million investment.

Banks, Dyrdek and Oza will mentor one lucky startup each.

At the end of each episode, they have to pitch their ideas to a venture capitalist. Only one team will take home the prize.

"I have spent my life encouraging people to BYOB - Be Your Own Boss. Making everyday people's dreams come true is what I live for. 'Funded' is the life-changing type of television power project that gets me pumped. We will enlighten and entertain audiences big time and encourage our viewers to attack their most outrageous goals with fierce determination," Banks said.

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