Agri-tech startup Absolute Foods raises $100 million in funding

Oluwajuwonlo Afolabi -

Absolute Foods, an Indian-based agri-tech startup has raised $100 million in funding rounds from Sequoia Capital India, Alpha Wave Global and Tiger Global.

  • Launched in 2016, Absolute Foods is an AI-driven farming and supply chain startup founded by Agam Khare, Prateek Rawat and Samder Singh.
  • The company raised $2 million in funding from Sequoia Capital, Surge and two angel investors: Nadir Godrej and Sanjiv Rangrass last year.  
  • Absolute Foods claims its revenue has 12xed in the last one year and is currently valued at $500 million.