Round Type
Funding Round
PuneFood And BeverageE CommerceDescription
Actor Akshay Kumar and former cricketer Virendra Sehwag have invested an undisclosed amount in Pune-based farming startup Two Brothers Organic Farms (TBOF).Kumar, Sehwag and some other high net worth individuals have invested a total of Rs 14.5 crore as part of a pre-Series A funding round, according to Satyajit Hange, one of TBOF’s founders.“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,” Hange said, adding that the investment will help empower farmers, create more employment opportunities for women in villages and enhance rural livelihoods.TBOF, set up in 2019 by brothers Satyajit and Ajinkya Hange, sells a range of organic and natural ingredients-based products, including cultured A2 ghee, millets and healthy grain flour, wood pressed oils and nut butters. It practices inter- and multi-cropping of fruits, vegetables, grains, legumes and pulses.“I am excited to support TBOF's mission of sustainable agriculture and rural development,” said Sehwag. “It is heartening to see the positive impact they have brought in the lives of farmers and people’s health across India and beyond.”Kumar said, “I believe in TBOF’s vision and commitment to empowering rural communities through organic farming.”Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesThe company sells its products in more than 53 countries and over 1,000 cities across India through its official ecommerce website, mobile application, leading ecommerce platforms and prominent food superstores.Other investors in the round included Tejesh Chitlangi, a corporate lawyer and senior partner at IC Universal Legal, Durga Devi Wagh, an existing stakeholder and client, Crest Ventures, an existing investor, Javed Tapia, a social entrepreneur, and Raju Chekuri, a global business leader and entrepreneur.
Quick answer
Two Brothers Organic Farms raised an undisclosed amount in a Funding Round round, dated April 21, 2023. Two Brothers Organic Farms is based in Pune, Maharashtra, India.
- How much did Two Brothers Organic Farms raise?
- Two Brothers Organic Farms raised an undisclosed amount in a Funding Round round on April 21, 2023.
- What does Two Brothers Organic Farms do?
- Two Brothers Organic Farm (TBOF) is an Ecocert-certified organic farm founded in 2013 by brothers Satyajit and Ajinkya, former corporate professionals who returned to their roots to pursue sustainable agriculture.
- Where is Two Brothers Organic Farms based and how big is it?
- Two Brothers Organic Farms is based in Pune, Maharashtra, India. Fundz records about 201 employees.
- Who are the decision-makers at Two Brothers Organic Farms?
- Fundz holds 1 contact at Two Brothers Organic Farms. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food And Beverage and E Commerce around the same time
Companies in the same sectors as Two Brothers Organic Farms that raised within 45 days of this round, from Fundz verified event records.
- Cerebelly raised an undisclosed amount (Series A) on March 9, 2023.
- Fly by Jing raised $12M (Series B) on March 8, 2023.
- Reed’s raised an undisclosed amount (Funding Round) on May 31, 2023.
- MyForest Foods raised $15M on May 31, 2023.
- Zen Beverage raised $24M (Seed) on May 31, 2023.
- Evermos raised an undisclosed amount (Funding Round) on May 26, 2023.
Who to call at Two Brothers Organic Farms, and when
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