Company Research Report: Absolute
Company Overview
Name, Mission of the Company
- Name: Absolute
- Mission: Bioabling the future by harnessing nature’s intelligence to solve planet scale problems.
Founding
- Founded: No information is available.
- Founder(s): No information is available.
Key People
- Board of Advisors:
- Dr. Bradley Ringeisen: Executive Director at Innovative Genomics Institute, Berkeley, Ex-DARPA, Ex-US Naval Research Lab
- Adam Wolf: Founder and CEO at Eion Carbon, Founder and Chief Scientist at Arable Labs
- Dr. Balaji Vasudevan: SME in agrobacterium biology, gene editing, Ag-tech investor and promoter
- Dr. Minshad A. Ansari: CEO & Founder, Bionema Ltd, Founder & Chairman of The World Bio Protection Forum
- Dr. Siddhartha Saxena: Principal Research Associate at Cavendish Lab, Cambridge University, Director - Centre for Materials and Micro-systems, Trento Italy
- Dr. Susan Golden: Director - Centre for Chronobiology, University of Chicago, Centre for Circadian Biology, University of California San Diego
Headquarters
- Location:
- Gurugram, India
- United Arab Emirates (UAE)
Number of Employees
- No information is available.
Revenue
- No information is available.
What is the Company Known For
- Absolute is known for its deep tech bioscience research focusing on agriculture, healthcare, and materials. They leverage nature's evolutionary intelligence to create sustainable and bioscience-driven solutions.
Products
Product Categories
1. BIO AG:
- Description: Focuses on decarbonizing agriculture using biofertilizers, biostimulants, and biocontrols.
- Key Products:
- INERA: Reimagining agricultural inputs.
- UPAJ: Data and distribution platform for better agricultural practices.
- SILKROUTE: Global trade platform aimed at improving livelihoods and environmental sustainability.
2. BIO CARE:
- Description: Offers breakthroughs in sustainable health, home, and personal care solutions.
3. BIO MATERIALS:
- Description: Focuses on developing climate-positive materials inspired by nature.
Key Features of Each Product
- INERA: Helps in decarbonizing agriculture and restoring soil health.
- UPAJ: Collaborates with global institutions to provide precision advisory and crop insurance services.
- SILKROUTE: Engages with farmers across multiple regions for sustainable trade and improved livelihood.
Recent Developments
New Products Launched
- No specific new products mentioned
Recent Developments and Achievements
- Economic Times, August 29, 2023: Absolute was featured as one of the world’s 100 most promising impact startups at Nasdaq.
- The Week, April 21, 2023: Highlighted as bringing India to the forefront of bioscience innovation.
- Live Mint, July 18, 2023: Partnership with UNDP to promote innovation and digitalization of the Pradhan Mantri Fasal Bima Yojna (PMFBY).
Partnerships
- UNDP Partnership: Aimed at strengthening the implementation of PMFBY and the Restructured Weather-Based Crop Insurance Scheme (RWBCIS) by building technical capabilities and digitalizing service delivery.
Technological Developments
- Xenesis Institute:
- Developed a proprietary Nature Intelligence Platform (NIP) for cataloging microorganisms, biomolecules, and enzymes.
- Introduction of STREAC for farm biologicals and XenDHA for high-quality Omega-3 fatty acid supplements.
- Utilization of Bio-Cat Insta Technology (BCIT) for producing industrial applicable biocatalysts.
- Xenesis Observatory (XenO), an agri-data tool for health and productivity insights of smart farms.
Research and Development
- Xenesis Institute: Focus on bioscience research with over 150 leading scientists from various global research institutes.
- Facilities: 2.5 million square feet for R&D setup.
Conclusion
Absolute is a bioscience company leveraging powerful nature-driven solutions to solve some of the planet's most pressing problems. Its ongoing research and innovative products in agriculture, healthcare, and materials science are setting new frontiers in sustainability and bioscience.