Two Brothers Organic Farms has raised Rs 58.25 crore in a Series-A funding round, as per media reports. The capital will be used to expand its market presence in India and the United States, boost organic food adoption, and enhance supply-side operations.
Media reports reveal that the funding round was led by Rainmatter, an investment initiative by Zerodha, which contributed Rs 50 crore, and prominent Silicon Valley entrepreneur Raju Chekuri, founder of NetEnrich.
Nithin Kamath, founder and CEO of Zerodha, highlighted Rainmatter Health's focus on supporting startups that promote healthier living for Indians. Kamath mentioned their dual role as investors and customers of Two Brothers Organic Farms, providing valuable feedback to the startup.
This funding marks a significant milestone following the Rs 14.5 crore pre-series A round in April 2023, which included Bollywood actor Akshay Kumar and cricketer Virender Sehwag as key investors.
With the new capital, the brand aims to achieve a revenue target of Rs 500 crore in the next four years and support over 50,000 farmers in adopting sustainable practices.
