Absolute - About the company
Absolute is a series B company based in Gurugram (India), founded in 2015 by Prateek Rawat and Agam Khare. It operates as a Developer of biological solutions for agriculture, material science, and medicine. Absolute has raised $116M in funding from investors like Peak XV Partners, Tiger Global Management and Surge, with a current valuation of $*****. The company has 1423 active competitors, including 58 funded and 69 that have exited. Its top competitors include companies like Ginkgo Bioworks, Koppert and BioPrime.
Company Details
Developer of biological solutions for agriculture, material science, and medicine. Research focuses on creating biofertilisers, biostimulants, and biocontrol agents to support crop protection and nutrient uptake. Operations include the production of bio-based materials and the development of cultured proteins and enzymes for industrial applications. Medical research activities involve genomics and biological breakthroughs for health and nutrition.
- Website
- absolute.ag
- Social
- Email ID
- *****@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
Post Money Valuation
$***** as on May 06, 2022
Investors
Ranked
12th among 1423 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2022
Employee Count
37 as on Apr 30, 2026
Similar Companies
Legal entities associated with Absolute
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 | $10M - $50M (As on Mar 31, 2022) | 52 (As on Feb 01, 2026) |
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Absolute's funding and investors
Absolute has raised a total funding of $116M over 6 rounds. Its first funding round was on Aug 31, 2019. Absolute has 11 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Absolute:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 06, 2023 | 9967394 | Grant (prize money) | 5683896 | 5452956 | 6201999 | 1847765 |
Feb 09, 2022 | 3976066 | Series B | 5259568 | 4993917 | 4168153 | |
Aug 18, 2021 | 6938360 | Series A | 7348805 | 1700321 |
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Absolute's founders and board of directors
Founder? Claim ProfileHere 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 |
|---|---|---|---|---|
Team | - | Current | 7y 2m | |
Team | - | Current | 9y 10m |
View details of Absolute's Founder profiles and Board Members
Absolute's employee count trend
Absolute has 37 employees as of Apr 26. The total employee count is 75.0% lower than what it was in Apr 25. Here is Absolute's employee count trend over the years:
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Absolute's Competitors and alternates
Top competitors of Absolute include Ginkgo Bioworks, Koppert and BioPrime. Here is the list of Top 10 competitors of Absolute, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ginkgo Bioworks 2008, Boston (United States), Public | Autonomous labs for biotechnology, empowering scientists to design the living world | $796M | 74/100 | |
2nd |  Koppert 1967, Berkel en Rodenrijs (Netherlands), Late Stage | Provider of biological crop protection and pollination solutions for growers | $150M | 69/100 | |
3rd | Developer of agricultural biological solutions, including biostimulants, biofertilizers, and biocontrols | $9.33M | 61/100 | ||
4th |  AgZen 2007, Cambridge (United States), Series B | Developer of spray and formulation technology to reduce pesticide pollution | $23.5M | 60/100 | |
5th |  Pro Farm Group 2006, Davis (United States), Public | Developer of biological crop solutions and technology platforms for agriculture | $39.1M | 58/100 | |
6th |  IPL Biologicals 1994, Gurugram (India), Series B | Manufactures and supplies plant nutrition & protection products | $17.6M | 58/100 | |
7th | Advance Agrolife 2002, Jaipur (India), Public | Agrochemical manufacturer and distributor dedicated to sustainable agriculture and global reach | - | - | 58/100 |
8th | Ceradis 2005, Wageningen (Netherlands), Acquired | Innovative crop protection and plant nutrition solutions for sustainable agriculture | $15.8M | 57/100 | |
9th |  Zymergen 2013, Emeryville (United States), Acquired | Platform utilizing genomics and machine learning to research and develop novel materials | $883M | 56/100 | |
10th |  Corteva Agriscience 2017, Wilmington (United States), Public | Provider of crop protection, seeds, biologicals, and seed applied technologies | - | 55/100 | |
12th | Developer of biological solutions for agriculture, material science, and medicine | $116M | 52/100 |
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Absolute's Latest cap tables and shareholding
Founders own 45.58%, 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 | 45.58% | 1,640Cr | 6384852 | 2358457 | 7626211 | 9166261 |
6004238 | 3108365 | 2132446 | 4240650 | 3597000 | 9648981 | |
1898507 | 9587206 | 2781536 | 3377554 | 9704091 | 5879311 | |
Fund | 48.45% | 1,750Cr | 5650360 | 1848834 | 5219615 | 5498572 |
2933700 | 6867199 | 8145016 | 7488558 | 8331397 | 2391025 | |
993 | 894 | 315 | 689 | 934 | 659 | |
Enterprise | 0.20% | 7.19Cr | 0 | 0 | 0 | 0 |
Angel | 0.67% | 24.1Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 5.10% | 184Cr | 39500 | 41124 | 20658 | 54915 |
Total | 100.00% | 3,610Cr | 4226114 | 5060701 | 7389868 | 7021382 |
To unlock detailed Cap Table of Absolute Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Absolute's Shareholding
Absolute's Investments and acquisitions
Absolute has made no investments or acquisitions yet.
News related to Absolute
Filter this list•
Absolute join forces with the World BioProtection Forum to drive sustainable agricultureAgro Spectrum India•Mar 15, 2024•Absolute, World Bioprotection Forum
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Vinit Mishra appointed Head of Treasury, Trade Finance and Insurance at AbsoluteAsian News International•May 11, 2023•Absolute
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Absolute's Inera launches a range of Bioabled Farm Inputs to transform Agriculture Performance WorldwideAsian News International•Apr 29, 2023•Absolute
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BioScience Company Absolute announces Sr Management hiresAdgully•Mar 20, 2023•Absolute, Top, Tesla, Airbnb
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