When was Absolute founded?

Absolute was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Absolute located?

Absolute is headquartered in Gurugram, India. It is registered at 4th Floor, Statesman House Barakhamba Road,Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001.

Who is the current CEO of Absolute?

Agam Khare of Absolute. They have also founded 2 companies and are angel investors in 2 startups.

Which legal entities is Absolute associated with?

Absolute is associated with ECSO GLOBAL PRIVATE LIMITED.

How many employees does Absolute have?

As of Feb 28, 2026, Absolute has 52 employees, reflecting a 66% year-over-year decline in headcount.

Is Absolute a funded company?

Absolute is a funded company, having raised a total of $116M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 31, 2019.

How much is Absolute worth?

The latest valuation of Absolute is $***** as of May 06, 2022.

When was the latest funding round of Absolute?

Absolute's latest funding was a $***** Grant (prize money) round on Sep 06, 2023, with participation from 0 investor. Its primary sector is Crop Tech. In India, the Crop Tech sector has seen $129M in funding in 2026 to date.

What is the annual revenue of Absolute?

Annual revenue of Absolute is between ₹100 Cr and ₹500 Cr as on Mar 31, 2022

Where does Absolute rank among its competitors?

Absolute ranks 4th amongst 531 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was BioPrime, which secured $3.13M in Oct, 2025.

Who are the top competitors of Absolute?

Absolute's top competitors include IPL Biologicals, Corteva Agriscience and BioPrime. Among them, BioPrime secured the most recent funding round in October, 2025.

Absolute - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Biotechnology company developing sustainable biosolutions for food, agriculture, and pharmaceuticals. It develops technologies such as strain engineering, precision fermentation, enzyme design, and RNAi-based biocontrol to create alternatives like animal-free proteins, low-sugar sweeteners, and biological pharmaceutical APIs. It focuses on solving global-scale challenges including food security, climate impact, and healthcare accessibility. Its platforms support applications such as nutrient-efficient farming inputs, sustainable protein production, and biologically derived medicines.

Website: absolute.ag
Social
Email ID: *****@absolute.bio, *****@absolute.ag, *****@absolute.ag, *****@absolute.ag
Registered Address: 4th Floor, Statesman House Barakhamba Road,Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001

Key Metrics

Founded Year

2015

Location

Gurugram, India

Stage

Series B

Total Funding

$116M in 6 rounds

Latest Funding Round

Grant (prize money), Sep 06, 2023, $*****

Post Money Valuation

$***** as on May 06, 2022

Investors

Peak XV Partners & 15 more

Ranked

4^th among 531 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2022

Employee Count

52 as on Feb 28, 2026

Similar Companies

IPL Biologicals & 1168 more

View Absolute's full profile

Absolute is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ECSO GLOBAL PRIVATE LIMITED CIN: U51909DL2016PTC301380 , India, Active	Jun 15, 2016	₹100 - ₹500 Cr (As on Mar 31, 2022)	52 (As on Feb 01, 2026)

Absolute has raised a total funding of $116M over 6 rounds. Its first funding round was on Aug 31, 2019. Absolute has 12 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Absolute:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 06, 2023	8376071	Grant (prize money)	6953079	9580179	7585777	8910117
Feb 09, 2022	3724286	Series B	6688796	2372434	7103843	LetsVenture & 1 more
Aug 18, 2021	2618307	Series A	8870491	8566449	Peak XV Partners	Surge & 1 more

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View details of Absolute's funding rounds and investors

The founders of Absolute are Prateek Rawat and Agam Khare. Agam Khare is the CEO of Absolute.

Here are the details of Absolute's key team members:

Prateek Rawat: Co-Founder of Absolute and founder of 4 other companies, including UPAJ, Xenesis and Absolute. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Contact Info: 2 email addresses and 1 phone number
Agam Khare: Co-Founder & CEO of Absolute and founder of 5 other companies, including Inera, UPAJ and Xenesis. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Absolute's Board of Directors

Absolute's board has 2 active members. Prateek Rawat and Agam Khare are part of team.

Here is the list of Absolute's board of directors:

Name	Type	Representing	Status	Duration
Prateek Rawat	Team	-	Current	7y 6m
Agam Khare	Team	-	Current	10y 2m

View details of Absolute's Founder profiles and Board Members

Absolute's employee count trend

Absolute has 52 employees as of Feb 26. The total employee count is 66.0% lower than what it was in Feb 25. Here is Absolute's employee count trend over the years:

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Top competitors of Absolute include IPL Biologicals, Corteva Agriscience and BioPrime. Here is the list of Top 10 competitors of Absolute, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IPL Biologicals 1994, Gurugram (India), Series B	Manufactures and supplies plant nutrition & protection products	$17.6M	Radhey Buildhome, Ganesh Hire Purchase and Leasing Finance ... & 20 others	66/100
2nd	Corteva Agriscience 2017, Wilmington (United States), Public	Manufacturer of crop protection products seeds and biological agricultural solutions	-	Boston York Restaurant Group, Osmium Global ... & 2 others	55/100
3rd	BioPrime 2015, Pune (India), Series A	Manufacturer of bio-based crop inputs, including biostimulants, biofertilizers, and biocontrol products	$11.2M	Startups at Venture Center, Omnivore & 9 others	55/100
4th	Absolute 2015, Gurugram (India), Series B	Biotechnology company developing sustainable biosolutions for food, agriculture, and pharmaceuticals	$116M	Tiger Global Management, Alpha Wave Global ... & 14 others	52/100
5th	Kan Biosys 2005, Pune (India), Seed	Provider of microbes-based diversified crop biological solutions	$1.02M	Associated Group, De Sangosse & 18 others	51/100
6th	Grow Indigo 2018, Mumbai (India), Series B	Provider of biological products and carbon solutions for sustainable agriculture	$24M	Indigo, Mahyco & 2 others	49/100
7th	Biofactor 2019, Hyderabad (India), Unfunded	Provider of microbes based biological solutions	-	-	47/100
8th	Patil Biotech 1995, Jalgaon (India), Unfunded	Welcome To Patil Biotech Pvt. Ltd.	-	-	47/100
9th	Univia 2020, Ahmedabad (India), Seed	Provider of a phygital agri-input distribution network	$238K	jaivel techno services, VCMint & 9 others	47/100
10th	Ratnakar India 2021, Ahmedabad (India), Unfunded	Manufacturer of EOT cranes, gantry cranes, electric wire rope hoists	-	-	46/100

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Founders own 45.59%, Funds (largest shareholder) own 48.45%, Enterprises own 0.20% and Angels own 0.67%. The net worth of Absolute's founders is INR 1,640Cr as of Mar 23, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	45.59%	1,640Cr	8024081	3387085	5051126	4679525
Agam Khare	5764968	8864736	3778401	9296374	1404965	6365797
Prateek Rawat	4931916	6073461	5564857	9775112	8584765	1636471
Fund	48.45%	1,750Cr	5567426	5836816	3632664	5274557
Alpha Wave Global	7511408	5628545	6775616	8380102	9072693	6111009
Tiger Global Management	860	613	873	854	415	401
Enterprise	0.20%	7.19Cr	0	0	0	0
Angel	0.67%	24.1Cr	0	0	0	0
ESOP Pool	5.10%	184Cr	86539	69664	45764	97901
Total	100.00%	3,610Cr	5625023	1686213	1385618	9054932