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New Deal


Announced

Completed

Sequoia, Alpha Wave and Tiger Global led a $100m funding round in Absolute Foods.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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biosciences

Venture Capital

Friendly

Acquisition

Cross Border

India

agriculture technology

Biotechnology

Private

Private Equity

Completed

Minority

Synopsis

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Investment firms Sequoia Capital India, Alpha Wave and Tiger Global led a $100m funding round in Absolute Foods, an Indian agriculture technology start-up. “At Absolute, we are constantly fostering research to drive exponential innovations inspired by biology to create the next agricultural revolution that is resilient and sustainable. This capital helps us with technology expansion, hiring talent, and scaling to newer markets and segments,” Agam Khare, Absolute Founder and CEO.

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