Shark Tank India Season 4: Innovative Agri-Tech Startup RBD Machine Tools Bags Deal Despite Tax Concerns

Shark Tank India Season 4 is currently underway

The latest episode of Shark Tank India Season 4 showcased RBD Machine Tools, an innovative agri-machinery startup founded by brothers Devendra Kumar Tailor and Bhupendra Kumar Tailor from a small village in Rajasthan.

With the mission to empower farmers through cutting-edge, affordable tools, the company has quickly become one of India’s fastest-growing agri-tech brands. Their dedication to improving agriculture is rooted in their motto, “Ab bachega kisan ka samay aur paisa dono” (Saving farmers' time and money).

RBD Machine Tools’ products are sold nationwide, available via marketplaces and their call centers, with free pan-India delivery.

The founders revealed that they’ve named the company after their grandfather, Shri Ram Bilas Darji. The brothers proudly shared their recent success, including viral YouTube videos and impressive sales figures—Rs. 9.34 crores in FY 24-25 (till September), Rs. 14.37 crores in FY 23-24, and a projected Rs. 22-25 crores for FY 24-25.

RBD gained attention for their innovative Power Reaper Chaff Cutter, which became a hit after adding a simple yet impactful design enhancement: a seat.

This improvement significantly boosted sales. Their dedication was evident in Devendra’s tattoo of the company logo, symbolizing his commitment to the brand.

However, the sharks raised concerns regarding the company’s financial practices, specifically the lack of government certifications and unpaid taxes.

Anupam Mittal and Kunal Bahl emphasized the importance of paying taxes to boost enterprise and equity value. Aman Gupta also advised clearing outstanding taxes and penalties for smoother growth. Despite these concerns, the company’s strong customer-centric model and the fact that 100% of sales are handled via their call centers impressed the panel.

Namita Thapar praised their entrepreneurial spirit, saying, “Aap ne MBA nahi kiya, par aap bade bade MBA waalon ki chutti kar doge.”

She offered Rs. 50 lakhs for 1% equity and Rs. 50 lakhs debt at 9% interest over five years, provided they addressed their tax issues.

While Anupam, Kunal, and Aman backed out, Ritesh Agarwal matched Namita’s deal. After deliberation, Devendra and Bhupendra accepted both offers, partnering with Namita and Ritesh.

With their vision of reaching Rs. 100 crores, RBD Machine Tools left a mark not only with their innovation but also with their commitment to transforming the agricultural landscape of India.