Private Equity PE-VC Fund Investments
Two Brothers Organic Farms raises Rs.110-Cr led by 360 ONE
Source Two Brothers Organic Farms (TBOF) (opens in a new tab)Yourstory (opens in a new tab)
Pune-based organic farming startup Two Brothers Organic Farms (TBOF) has raised INR 110 Crore in a Series B round led by 360 ONE Asset, with participation from Rainmatter Capital, Narotam Sekhsaria Family Office, and IGNITE Growth LLP.Founded in 2016 by Ajinkya and Satyajit Hange, is an organic brand selling various products including fruits, vegetables, and dairy products.The fresh funding will be used to expand its international footprint in the US and Middle East, it also aims to double its current team of food technologists and scientists for quality control and product innovation.
In Jun-24, Two Brothers Organic Farms had attracted about USD 7 M from Rainmatter Capital, Others.For FY24, Two Brothers Organic Farms had reported about INR 38.10Cr in Operating Income and about INR 8.44Cr in Net Loss.