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Funding · Agriculture & Food Systems

Aquapulse raises ₹25 crore in Series A led by NABVENTURES to scale aquaculture tech platform

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Aquapulse logo
Date
Company
Aquapulse
What it does
aquaculture tech platform
Kind
Funding
Amount
₹25 Cr
Stage
Series A
Based in
Bhubaneswar
Founded
2022
Sector
Agriculture & Food Systems

What they do

Aquapulse is an aquaculture tech startup that uses AI to improve shrimp farming efficiency and transparency in India’s seafood value chain

What happened

The company raised ₹25 crore in a Series A round led by NABVENTURES, which will be used to expand its farmer network, build a processing facility, and…

Why it matters

India is the world’s second-largest shrimp producer and second-largest fish producer, with a growing domestic and export market for seafood

The details

  • Aquapulse, an aquaculture tech startup, raised ₹25 crore in a Series A funding round led by NABVENTURES Ltd through its AgriSURE Fund.
  • The company aims to build India’s first integrated aquaculture ecosystem by addressing inefficiencies in the seafood value chain.
  • Aquapulse’s AI-driven pre-harvest systems monitor pond-level parameters like water quality, disease risk, and feed optimization to improve output quality and reduce waste.
  • On the post-harvest side, the startup manages grading, cold chain logistics, and compliance workflows while using AI for real-time price discovery and assured offtake pricing.
  • The raised capital will be used to expand its farmer network from 6,000+ to over 15,000+ across Odisha, Andhra Pradesh, and West Bengal.
  • Aquapulse plans to set up an in-house processing facility to improve quality control and margins and strengthen its technology stack.

The bigger picture

  • The domestic shrimp market is valued at $9.2 billion in 2024 and is projected to reach $22.7 billion by 2033, growing at a CAGR of 10.1%.
  • Aquapulse’s model addresses structural inefficiencies in the aquaculture value chain, including fragmented pricing mechanisms, lack of infrastructure, and limited end-market access for smallholder farmers.

About the business

  • Aquapulse operates at the intersection of aquaculture, infrastructure, and technology to improve efficiency and transparency in the seafood value chain.
  • The startup provides AI-driven pre-harvest systems that monitor pond-level parameters like water quality, disease risk, and feed optimization.
  • On the post-harvest side, Aquapulse manages grading, cold chain logistics, and compliance workflows.
  • Its AI models enable real-time price discovery and assured offtake pricing, improving transparency in an otherwise opaque ecosystem.
  • The company aims to build an integrated supply chain that connects local farmers with global markets.

What happens next

  • Aquapulse plans to expand its farmer network across Odisha, Andhra Pradesh, and West Bengal.
  • The company will set up an in-house processing facility to improve quality control and margins.
  • It will strengthen its AI-driven pre- and post-harvest systems and transparent pricing model.

The deal

Type
funding

Investors

  • NABVENTURES Ltd (lead) — Venture capital arm of NABARD, managing the AgriSURE Fund.

Founders

  • Abhishek Dwivedy, Co-Founder, MD and CEO
  • Abhilash Dwivedy, Chief Growth Officer

About Aquapulse

Product
Technology-enabled procurement platform connecting shrimp farmers with domestic and international markets
Customers
Small shrimp farmers across Odisha, Andhra Pradesh, and West Bengal requiring market access
How it makes money
B2B2C platform providing AI-driven monitoring, processing, and export logistics for aquaculture
What sets it apart
Integrated supply chain from pre-harvest support through export with AI-led disease management systems

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