Team StartupCity

• Secures Rs 110 Crore in Series B from 360 One, Rainmatter & others
• Plans to boost supply chain, tech, and global distribution
• Targets Rs 200 Cr revenue in FY26 after strong FY25 growth

Pune based agritech startup Two Brothers Organic Farms (TBOF) has raised Rs 110 crore ($12.5 million) in its Series B funding round led by 360 One Asset, Rainmatter Investments, and the Narotam Sekhsaria family office. This follows their Rs 58 crore Series A round raised in June 2024 from Zerodha co-founder Nithin Kamath’s Rainmatter Foundation.

Founded by brothers Satyajit and Ajinkya Hange, TBOF is a direct-to-consumer organic grocery brand focused on connecting farmers and consumers through natural farming practices. The brand supports rural livelihoods and promotes biodiversity by sourcing directly from over 5,000 farmers across India.

With this fresh funding, the company aims to expand its processing capacity, strengthen its supply chain, and grow its presence both within India and internationally. TBOF will also invest in technology and improve distribution and sourcing efficiency to support its next phase of growth.

Also Read: Artha India Ventures Raises Rs 250 Crore In First Close Of Fund

TBOF’s product line includes ghee, jaggery, rice, spices, pulses, and flour all organically produced. It serves more than 6 lakh customers, with 60% of sales through its own app and website, 15% from online marketplaces, and nearly 20% from overseas markets such as the US, Canada, Australia, New Zealand, and the Middle East.

The company closed FY25 with Rs 108 crore in revenue and is now aiming for Rs 200 crore in FY26. In FY24, it posted a 58% year-on-year revenue growth, reaching Rs 38.4 crore.