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Funding

Two Brothers Organic Farms Raises ₹110 Crore in Series B led by 360 ONE Asset to Accelerate Growth and International Expansion

Two Brothers Organic Farms, a leader in regenerative agriculture, has successfully raised ₹110 crore in a Series B funding round. The funding comes from prominent investors, including 360 ONE Asset, Rainmatter Investments, Narotam Sekhsaria Family Office and Rahul Garg (ex-Premji Invest Senior Partner) of IGNITE Growth LLP. The capital infusion will primarily be directed towards expanding the company’s manufacturing capabilities, expanding its international reach, and scaling its operational capacity.

Founded by 4th gen farmers, Ajinkya and Satyajit Hange, Two Brothers Organic Farms has revolutionized the food industry with its commitment to nutrient-dense, chemical-free food grown through regenerative farming methods. With their keen focus on farmer welfare, soil-first sustainability, indigenous community support, the company has already made a significant mark in over 50 countries, focusing on providing traceable, clean food to consumers. Two Brothers Organic Farms is an omnichannel brand- has grown over 8x in the past 3 years and offers 100+ products such as the A2 Cultured Ghee, Khapli Atta & Cold-pressed Oils among others. Two Brothers Organic Farms has crossed a INR 200Cr ARR, and continues to expand its retail footprint in India & scale its operations overseas while maintaining a solid unit economics, ~10% CM2. 

Satyajit Hange, Co-Founder of Two Brothers Organic Farms, shared his excitement about the future, “We are thrilled to have the support of such esteemed investors who align with our vision to make food systems more transparent and sustainable. Their conscious capital will help us to not only scale our manufacturing processes but also penetrate international markets. Our commitment to regenerative agriculture continues to guide us as we work to bring cleaner, more sustainable food choices to homes worldwide.”

The funds raised will be allocated to several key areas to drive the company’s growth:

  • Expansion of manufacturing capabilities: Investment in the latest in-house production facilities to meet increasing demand, invest in the latest technology to enhance productivity to meet growing demand
  • International growth: Expanding market presence in regions such as the MENA region and the USA, deepen penetration in the US & expand in MENA
  • Team growth and technology: Scaling operations by hiring skilled talent and investing in tech enablement to support business functions.
  • Farmer engagement and training: Building better practices and sustainability across India’s farming communities.

Ajinkya Hange, Co-Founder of Two Brothers Organic Farms, also shared his perspective, “This funding will enable us to scale quickly and sustainably, both domestically and internationally. With this conscious capital, we aim to increase our presence in Tier 1 and Tier 2 cities across India and expand into new international markets, enabling us to reach more consumers with our clean, traceable food options.

As the festive season begins, Two Brothers Organic Farms is focused on building inventory to cater to the growing demand in Qcom and Ecom platforms, ensuring they meet the increased consumer appetite during this peak season. The company is also scaling its production capabilities in preparation for a significant increase in revenue over the next six months.

With the total revenue of the FMCG market estimated to reach nearly ₹53,43,120 crore (US$ 615.87 billion) by 2027, Two Brothers Organic Farms has a clear vision for the next five years, aiming to hit ₹1000 crore in annual revenue and collaborate with 50,000 farmers. The company also anticipates growth fueled by increasing global awareness of clean food, clean labels, and traceability, positioning them to capture a larger share of the market in the years ahead. Our customers show a high stickiness with repeat orders driving almost ~70% of the business. Our in-house membership program in addition to the consumer feedback & insights we collect, help us introduce varied portfolio offerings to expand the share of wallet of our consumers.

Mr. Sumit Jain, Senior Fund Manager & Strategy Head – Mid Stage Venture, 360 ONE Asset:
We are excited to partner with Two Brothers Organic Farms, a company that not only demonstrates remarkable business potential but also prioritizes sustainability and innovation. Their focus on regenerative agriculture and the transparency of their food system make them a standout in the organic food space. We look forward to supporting TBOF’s growth and helping them scale new heights, both domestically and internationally.”

Mr. Dinesh Pai, Head, Rainmatter Investments:
“In a country where about 45% of the workforce is employed in agriculture, Two Brothers Organic Farm’s approach to building a more sustainable and transparent food system is a game-changer. Their deep-rooted commitment to regenerative farming and empowering local farmers makes them an exceptional investment. We’re excited to support their expansion and growth as they lead the way in transforming the global food industry.”

Mr. Narayanan Venkitraman, Head – Private Equity, Narotam Sekhsaria Family Office:
“We have always believed in supporting visionary entrepreneurs who are driving meaningful change in sectors with the potential for long-term impact. Two Brothers Organic Farms has the vision and the operational rigor to transform the food system, and we’re thrilled to help fuel their journey as they scale and expand across the globe.”

Mr. Rahul Garg, Founder and Managing Partner, IGNITE Growth LLP:
“Two Brothers Organic Farms is redefining the food and farming sector. They are building one of India’s most loved brands in the premium food staples space backed by excellent product quality, clean label products, and impactful brand communication driven by the founders personally. I have been proud to be working with them closely as mentor and advisor for the last 12 months and continuing the journey in the future by doubling down in this round also. We are proud to be part of their success and to back a company that is creating positive change in the food industry.”

After a successful Series-A round raising ₹58.25 crore, this Series B round marks a significant milestone in the company’s growth trajectory, setting the stage for prominent scaling, technological advancements, and wider international market penetration.

About Two Brothers Organic Farms

Two Brothers Organic Farms is a farmer-owned, soil-first organic food company from India. They grow and craft real food with no shortcuts, using the principles of regenerative natural farming. Founded by two brothers who left corporate careers to return to their ancestral village, Two Brothers Organic Farms is a movement to bring back the truth in our food system — where food is nutrient-dense, chemical-free, and traceable to its roots. 

Why are they doing this: Our food system is broken and needs healing- people don’t know what they eat, how it’s grown and who grows it. Two Brothers Organic Farms is fixing it by growing real food and bringing it back to every single home in the world. The brand wants people to stop consuming for convenience, and start consuming mindfully because their bodies deserve much better. Our enemy is the broken food system.

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