Two Brothers Organic Farms, known as TBOF, has raised ₹110 crore in its Series B funding round. The Pune-based organic food brand will use this money to grow its manufacturing capacity, support more farmers, and expand into new international markets.
The new funding marks a big step in TBOF’s journey from a small family farm to one of India’s most trusted names in organic and regenerative food production.
Who Invested in TBOF
360 ONE Asset led this round of funding. Rainmatter Investments, the Narotam Sekhsaria Family Office, and IGNITE Growth LLP also joined as investors.
These investors see TBOF as more than just a food company. They view it as a business that connects the health of people with the health of the planet. Their support shows confidence in TBOF’s vision and its potential to scale sustainably.
Before this, TBOF raised ₹58 crore in a Series A round earlier this year. With this latest round, the total capital raised by the company crosses ₹160 crore.
The Story of Two Brothers
The company started with two real brothers — Ajinkya Hange and Satyajit Hange. They both worked in banking before returning to their ancestral village near Pune. They decided to leave their corporate jobs because they wanted to restore the land their family had farmed for generations.
The brothers believed that healthy soil creates healthy food and healthy people. They started farming with regenerative and organic practices, using native seeds and natural fertilizers from their own cows. Over time, they built a brand that connects Indian farmers with consumers who care about what they eat.
Today, TBOF works with over 5,000 farmers across India. The company sells products such as A2 ghee, jaggery, millets, flours, cold-pressed oils, spices, and pulses. Every product follows a strict farm-to-fork model where the company controls every stage — from soil health to packaging.
Business Growth and Model
TBOF sells its products through multiple channels. Most of its sales come from its own website and mobile app. The company also sells through other e-commerce platforms, quick commerce apps, and exports. About one-fifth of its total sales come from international markets such as the United States, Canada, Australia, and the Middle East.
In the last financial year, TBOF’s revenue touched about ₹108 crore. The company now targets ₹200 crore in revenue next year and aims to become a ₹1,000 crore brand within five years.
Ajinkya and Satyajit believe that steady growth comes from a strong foundation — healthy soil, fair prices for farmers, and honest food for consumers.
How TBOF Will Use the ₹110 Crore
The brothers have clear plans for the new funds. They will use the money in three key areas — manufacturing, farmer programs, and digital and global expansion.
1. Expanding Manufacturing
TBOF currently operates a 60,000-square-foot manufacturing unit in Pune. This facility handles processing, packaging, and quality testing. The company now plans to convert this unit into a much larger food park spread across 10 to 15 acres.
This food park will include modern equipment, laboratories, water treatment systems, and training centers for farmers. It will allow TBOF to process more raw material, produce a wider range of products, and maintain top-quality standards as demand grows.
2. Strengthening Farmer Engagement
The company wants to grow its farmer network from 5,000 to 15,000 in the next few years. It will invest heavily in training programs that teach farmers about soil health, crop rotation, water management, and natural pest control.
TBOF will also help farmers get access to better seeds, composting units, and tools. By doing this, the company ensures consistent supply and also improves farmers’ earnings. The founders believe that when farmers earn better, they stay motivated to continue sustainable farming practices.
3. Boosting International and Digital Growth
TBOF plans to increase exports and enter new markets such as Europe and Southeast Asia. The company will upgrade its digital systems to handle larger orders, manage logistics better, and improve customer experience.
It will also spend on global certifications and marketing campaigns to introduce its brand to international customers. The goal is to make “Made in India” organic products respected and recognized around the world.
What Makes TBOF Different
TBOF stands out because it controls every part of its value chain. The company manages farming, processing, packaging, and sales under one umbrella. This gives full traceability — customers can know exactly where their food comes from.
The brothers use the regenerative agriculture model. This method restores soil fertility, conserves water, and captures carbon in the soil. Unlike chemical farming, regenerative farming works with nature rather than against it. It also produces food with higher nutritional value.
TBOF’s products often cost more than regular supermarket brands, but many customers willingly pay the premium. They trust the brand for purity, taste, and social impact.
The Challenges Ahead
While TBOF has grown rapidly, the path ahead remains challenging.
1. Scaling with Consistency: As production increases, the company must keep its quality high. Managing thousands of small farms across India can become complex.
2. Managing Costs: Organic farming costs more because farmers do not use synthetic fertilizers or pesticides. TBOF must maintain affordable pricing while paying farmers fairly.
3. Competing in a Crowded Market: Many organic and health food brands now compete in this space. Big companies such as Tata Consumer Products and ITC are also entering the organic category.
4. Educating Consumers: Many Indian buyers still hesitate to pay extra for organic products. TBOF must continue to build awareness about the benefits of chemical-free food.
Despite these hurdles, the founders remain confident. They believe that honesty, transparency, and community support will keep them ahead.
Social and Environmental Impact
Ajinkya and Satyajit see TBOF not just as a company but as a movement. They want to show that profitable business can also heal the planet.
At their farms, they follow traditional Indian farming methods using cow dung, cow urine, and compost. They plant multiple crops together to keep the soil rich and prevent pests naturally. They also grow trees around the farm to promote biodiversity.
TBOF employs people from nearby villages and trains them in organic farming techniques. This creates local jobs and helps rural families earn stable incomes. The company’s farmer training programs also empower many women to start small businesses of their own.
The Bigger Picture
India’s organic food market is growing quickly as people become more health-conscious. Consumers now read labels, look for natural ingredients, and care about how their food is produced. TBOF benefits from this shift.
At the same time, global demand for clean, traceable, and ethical food continues to rise. TBOF’s focus on authenticity and storytelling helps it connect emotionally with consumers everywhere.
With the new funds, the company can now match this rising demand with stronger supply capabilities and better logistics.
The Road Ahead
Ajinkya and Satyajit aim to make TBOF a global name in regenerative food. They want to create a model that other Indian farmers can follow — one that brings pride, profit, and purpose back to agriculture.
They plan to increase exports, develop new product lines, and enter modern retail outlets in India. They also want to introduce technology that allows customers to trace their food back to the exact farm where it grew.
Over the next five years, the brothers hope to build a ₹1,000-crore brand that represents India’s ancient wisdom and modern innovation.
Conclusion
Two Brothers Organic Farms began as a dream between two siblings who wanted to heal the soil. Today, it stands as a leading example of how sustainable agriculture can also create successful business.
With ₹110 crore in new funding, TBOF now holds the tools to grow faster, reach more farmers, and bring pure, honest food to tables around the world.
The story of TBOF proves that when entrepreneurs work with purpose and integrity, they can feed both people and the planet — and still build a thriving enterprise.
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