Two Brothers Organic Farms, a startup that sells A2 Cultured Ghee and 100+ other products, raises Rs 110 crore

Two Brothers Organic Farms has raised Rs 110 crore in a Series B funding round from investors, including 360 ONE Asset, Rainmatter Investments, Narotam Sekhsaria Family Office and Rahul Garg (ex-Premji Invest Senior Partner) of IGNITE Growth LLP.

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The startup plans to use the capital primarily towards expanding its manufacturing capabilities, expanding international reach, and scaling operational capacity.

Founded by 4th gen farmers, Ajinkya and Satyajit Hange, Two Brothers Organic Farms is focused on revolutionising the food industry with its commitment to nutrient-dense, chemical-free food grown through regenerative farming methods.

The startup offers 100+ products such as the A2 Cultured Ghee, Khapli Atta and Cold-pressed Oils. It claims to have grown over 8x in the past 3 years and has crossed a Rs 200 crore ARR.

Two Brothers Organic Farms is now focused on expanding its retail footprint in India and scaling its operations overseas.

“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,” said Satyajit Hange, Co-Founder of Two Brothers Organic Farms.

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.

With the total revenue of the FMCG market estimated to reach nearly Rs 53,43,120 crore ($ 615.87 billion) by 2027, Two Brothers Organic aims to hit Rs 1,000 crore in annual revenue and collaborate with 50,000 farmers in the next five years.

The startup 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.

Sumit Jain, Senior Fund Manager & Strategy Head - Mid Stage Venture, 360 ONE Asset, said, “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.”

Dinesh Pai, Head, Rainmatter Investments, said, "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."