About Absolute Barbecues
Absolute Barbecues is a company based in Hyderabad (India) founded in 2013 by PM Gurudas and Prosenjit Roy Choudhury.. Absolute Barbecues has raised $24.08 million across 2 funding rounds from investors including General Atlantic. Absolute Barbecues operates in a competitive market with competitors including Barbeque Nation, Speciality Restaurants, Pan India Food Solutions, Moods Hospitality and Cafe Delhi Heights, among others.
- Headquarter Hyderabad, India
- Founders PM Gurudas, Prosenjit Roy Choudhury
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Absolute Barbeque Private Limited
- Date of Incorporation 15 Feb, 2013
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
$40.45 M (USD)54.87as on Mar 31, 2023
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Net Profit
$-516.42 K (USD)-579.47as on Mar 31, 2023
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EBITDA
$2 M (USD)27.7as on Mar 31, 2023
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Total Equity Funding
$24.08 M (USD)
in 2 rounds
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Latest Funding Round
$13.33 M (USD), Series A
Sep 19, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Absolute Barbecues
Absolute Barbecues has successfully raised a total of $24.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.33 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $13.3M
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First Round
First Round
(08 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Absolute Barbecues | Valuation | General Atlantic |
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| Nov, 2017 | Amount | Series A - Absolute Barbecues | Valuation | General Atlantic |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Absolute Barbecues
Absolute Barbecues has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include General Atlantic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity fund focused on global markets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Absolute Barbecues
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Absolute Barbecues
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Absolute Barbecues Comparisons
Competitors of Absolute Barbecues
Absolute Barbecues operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Barbeque Nation, Speciality Restaurants, Pan India Food Solutions, Moods Hospitality and Cafe Delhi Heights, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Chain of casual dining restaurants
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Restaurants and confectioneries are operated, providing diverse global cuisines.
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Multi-brand casual dining restaurants are operated throughout India.
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| domain | founded_year | HQ Location |
Chinese quick-service restaurants are operated as the Yo! China chain.
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| domain | founded_year | HQ Location |
Provides fusion food, dining experiences, and events in multiple cities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Absolute Barbecues
Frequently Asked Questions about Absolute Barbecues
When was Absolute Barbecues founded?
Absolute Barbecues was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Absolute Barbecues located?
Absolute Barbecues is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Absolute Barbecues?
Prosenjit Roy Choudhury is the current CEO of Absolute Barbecues. They have also founded this company.
Is Absolute Barbecues a funded company?
Absolute Barbecues is a funded company, having raised a total of $24.08M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10.75M, raised on Nov 08, 2017.
What is the annual revenue of Absolute Barbecues?
Annual revenue of Absolute Barbecues is $40.45M as on Mar 31, 2023.
What does Absolute Barbecues do?
Absolute Barbecues was established in 2013 in Hyderabad, India, as a multi-cuisine restaurant franchise. The company is co-founded by PM Gurudas and Prosenjit Roy Choudhury, who serves as CEO. Operations are centered on restaurant services offering diverse international and local dishes through a franchise network. Locations are primarily based in India, with focus on casual dining experiences in urban areas.
Who are the top competitors of Absolute Barbecues?
Absolute Barbecues's top competitors include Barbeque Nation, Speciality Restaurants and Pan India Food Solutions.
Who are Absolute Barbecues's investors?
Absolute Barbecues has 1 investor. Key investors include General Atlantic.
What is Absolute Barbecues's valuation?
The valuation of Absolute Barbecues is $50.67M as of Sep 2019.