Funding · Agriculture & Food Systems

Aquapulse raises ₹45 crore to expand tech-led shrimp farming network

What they do

Aquapulse is a Bhubaneswar-based aquaculture tech and seafood export startup that connects smallholder shrimp farmers with global markets

The company raised ₹45 crore in a Series A round led by NABVENTURES and with participation from IAN Alpha Fund to scale farm technology, procurement…

The funding aims to strengthen disease management systems, improve traceability, and expand the company's footprint in eastern India

Aquapulse, a Bhubaneswar-based aquaculture technology and seafood export startup, raised ₹45 crore in a Series A funding round led by NABVENTURES through its AgriSURE Fund, with participation from IAN Alpha Fund.
The funding will be used to strengthen farm-level technology, disease management systems, and expand procurement networks across eastern India.
The company also plans to scale up processing and export operations and build working capital infrastructure to support its growing global business.
Aquapulse operates through an 'aquapreneur-led' hub-and-spoke model, connecting smallholder shrimp farmers in Odisha, Andhra Pradesh, and West Bengal with domestic and international markets.
The startup provides farmers with support in water quality monitoring, feed management, disease early-warning systems, and harvesting coordination.

India's seafood exports are growing rapidly, with frozen shrimp dominating export earnings.
A substantial share of shrimp production still comes from small and fragmented farms that lack access to modern technology and stable pricing mechanisms.
Aquapulse aims to bridge this gap through an integrated pond-to-port supply chain model.

Aquapulse is a technology-enabled, farmer-centric platform that seeks to transform India’s fragmented shrimp aquaculture sector by directly connecting smallholder farmers with organised domestic and international markets.
The startup operates through an 'aquapreneur-led' hub-and-spoke model, working with shrimp farmers across Odisha, Andhra Pradesh, and West Bengal.
It provides farmers with support in water quality monitoring, feed management, disease early-warning systems, and harvesting coordination.
Aquapulse integrates pre-harvest technology support, lagoon-based harvesting, processing partnerships, and export logistics into a single traceable supply chain platform.
The company exports shrimp primarily to China, Vietnam, and Japan, while also catering to domestic institutional buyers and modern retail channels.

NABVENTURES (lead) — The venture capital arm of Nabard through its AgriSURE Fund.
IAN Alpha Fund (participated) — A venture capital fund that invests in scalable, execution-driven companies.

Abhishek Dwivedy, Co-founder, Managing Director, and Chief Executive Officer
Abhilash Dwivedy, Co-founder and Chief Growth Officer

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