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Wednesday / December 4. 2024
HomeCompany NewsTwo Brothers Organic Farms secures 14.5 Cr in Pre-series A funding round

Two Brothers Organic Farms secures 14.5 Cr in Pre-series A funding round

source- public domain

The funding will be used to expand TBOF’s manufacturing capacity, construct farmer training centres and expand its domestic and international business.

Two Brothers Organic Farms (TBOF), a producer of natural and organic farming products announced the successful completion of its pre-Series A funding round of Rs 14.5 crores. The pre-series A will set the base for Series A and the funding will be used to expand TBOF’s manufacturing capacity, construct farmer training centres and expand its domestic and international business. Additionally, the investment will help empower farmers, create more employment opportunities for women in villages and enhance rural livelihoods.

TBOF is founded by Satyajit Hange and Ajinkya Hange, two brothers from Bhodani, Pune, the Farmer’s Sons who quit their careers as bankers to start their organic farm. They have launched several initiatives to create awareness among farmers on the importance of organic farming. In the past few years, Satyajit and Ajinkya have trained more than 16,000 farmers in sustainable farming.

Leading Bollywood Actor, Akshay Kumar, who is dedicated to health and wellness, invested in TBOF due to the company’s strong emphasis on producing healthy organic food and developing the rural sector. Virender Sehwag, India’s Cricketing Legend, post visiting TBOF’s farms was inspired by TBOF’s strong commitment towards creating a positive impact on the farming community, and the health of the society and hence decided to invest.

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