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 3 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 $149M 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 $166M in funding in 2026 to date.

What is the annual revenue of Absolute?

Annual revenue of Absolute is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Absolute rank among its competitors?

Absolute ranks 4th amongst 604 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 Kan Biosys. Among them, BioPrime secured the most recent funding round in October, 2025.

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

Absolute is a series B company based in Gurugram (India), founded in 2015 by Prateek Rawat . and Agam Khare. It operates as a Biotechnology company developing sustainable biosolutions for food, agriculture, and pharmaceuticals. Absolute has raised $149M in funding from investors like Peak XV Partners, Tiger Global Management and Surge, with a current valuation of $*****. The company has 604 active competitors, including 14 funded and 7 that have exited. Its top competitors include companies like IPL Biologicals, Corteva Agriscience and Kan Biosys.

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

$149M 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 604 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

52 as on Feb 28, 2026

Similar Companies

IPL Biologicals & 1406 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	Reports
ECSO GLOBAL PRIVATE LIMITED CIN: U51909DL2016PTC301380 , India, Active	Jun 15, 2016	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	52 (As on Feb 01, 2026)

Absolute has raised a total funding of $149M 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	2692761	Grant (prize money)	5313413	9702490	2373591	4590587
Feb 09, 2022	3760722	Series B	6770332	6711189	8408376	QED Innovation Labs & 1 more
Aug 18, 2021	4177583	Series A	8977789	8058985	Peak XV Partners	Surge & 1 more

Access funding benchmarks and valuations. Sign up today!

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 8m
Agam Khare	Team	-	Current	10y 4m

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:

Uncover Absolute's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Absolute include IPL Biologicals, Corteva Agriscience and Kan Biosys. 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	$22.9M	Radhey Buildhome, Ganesh Hire Purchase and Leasing Finance ... & 20 others	67/100
2nd	Corteva Agriscience 2018, Indianapolis (United States), Public	Manufacturer of crop protection products seeds and biological agricultural solutions	-	Boston York Restaurant Group, Osmium Global ... & 2 others	59/100
3rd	Kan Biosys 2005, Pune (India), Seed	Provider of microbes-based diversified crop biological solutions	$1.02M	Associated Group, De Sangosse & 18 others	52/100
4th	Absolute 2015, Gurugram (India), Series B	Biotechnology company developing sustainable biosolutions for food, agriculture, and pharmaceuticals	$149M	Alpha Wave Global, Tiger Global Management ... & 14 others	51/100
5th	Biofactor 2019, Hyderabad (India), Unfunded	Provider of microbes based biological solutions	-	-	50/100
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	Univia 2020, Ahmedabad (India), Seed	Provider of a phygital agri-input distribution network	$309K	jaivel techno services, Desai Ventures & 10 others	47/100
8th	BioPrime 2015, Pune (India), Series A	Manufacturer of biological solutions for agriculture feed and industrial applications	$11.2M	Startups at Venture Center, Omnivore & 10 others	46/100
9th	Ratnakar India 2021, Ahmedabad (India), Unfunded	Manufacturer of EOT cranes, gantry cranes, electric wire rope hoists	-	-	46/100
10th	Alligo Horizon 1997, Nashik (India), Unfunded	Provider of diversified crop biological solutions for farmers	-	-	45/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Absolute's competitors? Click here to see the top ones

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. The cap table displayed below is for ECSO GLOBAL PRIVATE LIMITED which is the legal entity associated with Absolute.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	45.59%	1,640Cr	6321044	5796061	5754077	3802733
Agam Khare	4713482	2418113	1641371	3513946	4261480	9722957
Prateek Rawat .	8029559	4877196	2193423	7661107	4953430	2159152
Fund	48.45%	1,750Cr	9804474	2981262	2777742	8349967
Alpha Wave Global	4758355	5689101	8383844	1312632	4370611	2242571
Tiger Global Management	436	290	562	399	231	968
Enterprise	0.20%	7.19Cr	0	0	0	0
Angel	0.67%	24.1Cr	0	0	0	0
ESOP Pool	5.10%	184Cr	20417	79122	81793	18097
Total	100.00%	3,610Cr	3560972	7576554	2015450	1353046