About Absorbia
Absorbia is a company based in Kolkata (India) founded in 2009 by Prabhav Sharda was acquired by GlobalBees in November 2021. Absorbia has raised $13.29 thousand across 1 funding round from investors including GlobalBees. The company has 178 employees as of March 28, 2024. Absorbia offers products and services including Moisture Absorbers and Air Purifiers.
- Headquarter Kolkata, India
- Employees 178 as on 28 Mar, 2024
- Founders Prabhav Sharda
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Globalbees Brands Pvt. Ltd
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.43 M (USD)-74.36as on Mar 31, 2024
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Net Profit
-$6.93 M (USD)-864.25as on Mar 31, 2024
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EBITDA
-$6.79 M (USD)7.51as on Mar 31, 2024
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Total Equity Funding
$13.29 K (USD)
in 1 rounds
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Latest Funding Round
$13.29 K (USD), Seed
Mar 31, 2020
- Investors
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Employee Count
178
as on Mar 28, 2024
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Acquired by
GlobalBees
(Nov 03, 2021)
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Products & Services of Absorbia
Absorbia offers a comprehensive portfolio of products and services, including Moisture Absorbers and Air Purifiers.
Moisture is absorbed by these products to prevent damage in storage spaces, where air quality is also improved
Air is purified by these items through moisture reduction, where mould and fungus growth is controlled in enclosed areas
Funding Insights of Absorbia
Absorbia has successfully raised a total of $13.29K through 1 strategic funding round. The most recent funding activity was a Seed round of $13.29 thousand completed in March 2020. 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.
Investors in Absorbia
Absorbia has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GlobalBees.
| Investor | Description | Founded Year | Domain | Location |
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Direct-to-consumer brands are built and scaled through a technology platform.
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Locked | Locked | Locked |
Investor details for Absorbia
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Investments & Acquisitions by Absorbia
Investment portfolio details for Absorbia
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Financial Statements - Absorbia
Detailed financials for Absorbia
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Absorbia Comparisons
Peer comparison for Absorbia
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Competitors of Absorbia
Detailed competitors of Absorbia
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Latest news on Absorbia
Complete news archive for Absorbia
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Frequently Asked Questions about Absorbia
Absorbia was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Absorbia is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Absorbia is a funded company, having raised a total of $13.29K across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Absorbia is 178.
Annual revenue of Absorbia is $2.43M as on Mar 31, 2024.
Private label brand of moisture absorbing products for personal uses. The product can be used to soak up excess moisture from the surroundings and prevent mold fungus, smells, and allergens at home. Provides 4 kinds of products for different uses at home and can be used in closets, placed inside shoes, bags, rooms, washrooms, kitchen, and more.Products can be purchased directly from the platform and are also available on Amazon under the launchpad section. Has 4k followers on Facebook, as of Sep17.
Absorbia offers Moisture Absorbers and Air Purifiers.
Absorbia has 1 investor. Key investors include GlobalBees.