Norrsken is a non-profit impact ecosystem connecting founders with the capital, knowledge and network they need to make saving the world their business ethos. Norrsken Impact/100 highlights the power of entrepreneurship to drive positive change.
This list is produced by Norrsken in collaboration with more than 30 of the world’s most credible impact VCs and NGOs including Bill & Melinda Gates Foundation, Obama Foundation, BMW Foundation, Leaps by Bayer, Khosla Ventures and Unreasonable amongst others.
With operations across over 20 countries and 4 global offices, Absolute serves 2 Mn+ farmers in its ecosystem and is on track to increase its reach to 5 Mn+ farmers. Absolute’s Inera with its range of bioabled agri inputs across biofertilizers, biostimulants and biocontrols is helping restore soil health and decarbonize agriculture at scale.
The startup’s Upaj is working with global institutions like UNDP, the World Bank, Reserve Bank Innovation Hub and Pradhan Mantri Fasal Bima Yojna (PMFBY) amongst others to enable farmers grow better and stay protected against climate change through its precision advisory and crop insurance services. Its global trading arm – Silkroute – engages with farmers across India, Africa and Latin America to create better livelihood opportunities for them and improving environmental sustainability at the same time.Through its R&D arm Xenesis, Absolute has developed a proprietary Nature Intelligence Platform (NIP) which, it claims, is one of the largest collections of microorganisms, biomolecules and enzymes found in nature.
Speaking on the occasion, Agam Khare, Founder & Group CEO – Absolute, said in a statement, “This is a proud moment for India and Absolute. We are committed towards building a shared sustainable future – for people, for planet.”
The firm is backed by marquee investors like Sequoia, Tiger Global and Alpha Wave amongst others.