Two Brothers Organic Farms, an India-based direct-to-consumer organic food brand, has raised ₹110 crore (US$13.2 million) in a Series B funding round. The investment came from 360 ONE Asset, Rainmatter Investments, Narotam Sekhsaria Family Office, and Rahul Garg of IGNITE Growth LLP.
The funds will be used to expand manufacturing capacity, increase international market reach, scale operations, strengthen the team, enhance technology, and improve farmer engagement and training programs. The company previously raised ₹58.2 crore (US$7 million) in a Series A round led by Rainmatter Foundation in June 2024.
Founded in 2014 by Ajinkya and Satyajit Hange, Two Brothers Organic Farms operates an organic farm producing fruits, vegetables, and processed foods. The company exports to more than 50 countries and offers over 100 products, including A2 Cultured Ghee, Khapli Atta, and cold-pressed oils.
The brand reports an annual recurring revenue (ARR) exceeding ₹200 crore (US$24 million) and has expanded eightfold over the past three years. It employs an omnichannel distribution model serving both online and retail markets in India and abroad. The company aims to achieve ₹1,000 crore (US$120 million) in annual revenue and collaborate with 50,000 farmers within five years.
"The main point for us is around ensuring that Barker's is set up and ready for the future in South Canterbury, and to provide security to our current staff," said co-founder Satyajit Hange. "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."
Co-founder Ajinkya Hange added, "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."
Sumit Jain of 360 ONE Asset said, "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."
Other investors, including Rainmatter Investments, Narotam Sekhsaria Family Office, and IGNITE Growth LLP, emphasized the company's role in advancing sustainable food systems and expanding premium food exports globally.
Source: MarcaMoney
