Two Brothers Organic Farms (TBOF), a leader in regenerative agriculture, has successfully raised ₹110 crore in a Series B funding round. Investors participating in this round include 360 ONE Asset, Rainmatter Investments, the Narotam Sekhsaria Family Office, and Rahul Garg, former Senior Partner at Premji Invest and current member of IGNITE Growth LLP.
The new capital will be allocated to expanding TBOF’s manufacturing capabilities, enhancing its international presence in the United States and MENA (Middle East and North Africa) regions, and improving its operational efficiency through technological advancements and talent acquisition.
Founded by fourth-generation farmers Ajinkya and Satyajit Hange, the Pune-based startup has established a robust footprint in over 50 countries with more than 100 nutrient-dense, chemical-free products, including A2 cultured ghee, khapli atta, and cold-pressed oils. TBOF has experienced significant growth, with an eightfold increase over the past three years, achieving an annual revenue run rate (ARR) of ₹200 crore and maintaining a contribution margin (CM2) of 10%.
“This funding will help us scale our manufacturing processes and expand into new international markets,” stated Satyajit Hange, Co-founder of Two Brothers Organic Farms. “Our commitment to regenerative agriculture continues to guide us as we work to bring cleaner, more sustainable food choices to homes worldwide.”
Co-founder Ajinkya Hange emphasized the company’s strategy to enhance its presence in Tier 1 and Tier 2 cities throughout India while ramping up production to cater to increased festive demand across quick commerce and e-commerce channels.
Investors have expressed strong support for TBOF’s emphasis on sustainability. Sumit Jain, Senior Fund Manager at 360 ONE Asset, highlighted how TBOF’s transparency and innovative approach distinguish it in the organic food industry. Dinesh Pai, Head of Rainmatter Investments, described the company’s farmer-first, regenerative model as a “game-changer” for India’s agricultural sector.
Published on October 14, 2025.
