'# Shark Tank India - Episode 17: RBD TRUST of INDIA Secures a Deal!
๐ฆ Sharks in the Show
- Namita Thapar
- Kunal Bahl
- Aman Gupta
- Ritesh Agarwal
- Anupam Mittal
๐ Company Overview: RBD TRUST of INDIA
- Founders: Bhupendra Kumar Tailor & Devendra Kumar Tailor (Young Males)
- Location: Jaipur
- Website: RBD Machine
- Industry: Agriculture Machinery
๐พ What Does RBD TRUST of INDIA Do?
RBD TRUST of INDIA specializes in innovative agriculture machines that help farmers save time and money. Their machines are designed to be efficient, cost-effective, and user-friendly.
๐ Featured Products
- Chaff Cutter โ Safe, affordable, and automatic fodder cutter
- 4-Stroke Side Pack Brush Cutter โ Portable and easy-to-use brush cutter
- LED Torch โ A practical tool for farmers working in low-light conditions
๐ Key Selling Point: Their machines can harvest 1 acre in just 1 hour with โน100 fuel!
๐ Financial Performance
๐ฐ Ask on Shark Tank
- โน1 Crore for 1% Equity ๐ผ
- Valuation: โน100 Crore
๐ Sales Performance
Annual Revenue
- FY 23-24: โน14.37 Cr
- FY 24-25 (Till Sep): โน9.34 Cr
- FY 24-25 (Projected): โน22 - โน25 Cr
Last 3 Months Sales
- September 2024: โน2.67 Cr
- August 2024: โน1.69 Cr
- July 2024: โน1.58 Cr
๐ญ Business Operations
- 100% Sales through Call Center โ๏ธ
- Team Size: 32 Employees
- Warehouses: 5 across India
- Net Margin: 7 - 8%
๐ฅ Shark Reactions & Deal Offers
โ Sharks Who Opted Out
โ Anupam Mittal โ Not interested in this business model
โ Kunal Bahl โ Appreciated the free shipping model but exited, open to future discussions
โ Aman Gupta โ Decided not to invest
๐ก Sharks Who Made Offers
โ
Namita Thapar:
- โน50 Lakhs for 1% Equity + โน50 Lakhs Debt at 9% Interest (5-year term)
- Revised Valuation: โน50 Crore
โ
Ritesh Agarwal:
- Matched Namitaโs offer: โน50 Lakhs for 1% Equity + โน50 Lakhs Debt at 9% Interest
๐ข Final Deal:
๐น Namita & Ritesh joined hands on a combined offer (โน50L for 1% + โน50L Debt at 9% for 5 years)
๐น Founders accepted the deal! ๐
๐ Conclusion: A Win for Farmers!
RBD TRUST of INDIAโs revolutionary agriculture machines won over Namita Thapar and Ritesh Agarwal, securing a strategic investment that will help them expand their reach across India. With their innovative call center sales model, free shipping, and cost-efficient farming tools, the future looks bright for RBD TRUST of INDIA! ๐
Would you invest in such an innovative agricultural business? Let us know in the comments! ๐ฌ๐
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