Two Brothers Organic Farms Raises Rs 110 Crore in Series B Funding
Two Brothers Organic Farms, a direct-to-consumer brand, has successfully secured Rs 110 crore ($12.5 million) in its Series B funding round. This investment came from notable investors including 360 One Asset, Rainmatter Investments, and the Narotam Sekhsaria family office. Previously, the agritech startup raised Rs 58.2 crore in a Series A round, led by Zerodha co-founder Nithin Kamath’s Rainmatter Foundation in June last year.
Utilisation of Funds
The funds raised will primarily be utilised to enhance processing facilities, reinforce supply chains, and broaden product availability in both Indian and international markets. Furthermore, the company aims to boost sourcing efficiency, scale distribution efforts, and invest in technological advancements to facilitate future growth.
About Two Brothers Organic Farms
Founded by Satyajit and Ajinkya Hange, Two Brothers Organic Farms is a grocery brand committed to connecting farmers with consumers through natural farming practices. The brand champions rural livelihoods, biodiversity, and a direct farm-to-family food supply chain on a global scale.
Product Range and Market Reach
Based in Pune, the company offers a selection of organic products, including ghee, rice, jaggery, wheat flour, spices, grains, and pulses. Two Brothers Organic Farms sources its produce from over 5,000 farmers and caters to more than six lakh consumers.
Revenue Sources
According to the latest data from Two Brothers Organic Farms, approximately 60% of its revenue is generated through its official website and app, while 15% comes from e-commerce marketplaces. An additional 16–17% is derived from quick commerce, and around 20% from international sales. The leading markets for the brand include the US, Canada, Australia, New Zealand, and the Middle East.
Financial Performance
Two Brothers Organic Farms reported revenues of Rs 108 crore for FY25 and is aiming for Rs 200 crore in the current financial year. The company’s most recent audited financial results are still pending. Notably, in FY24, the brand achieved an impressive 58% year-over-year revenue growth, reaching Rs 38.4 crore.