Aquapulse is an Odisha-based aquaculture startup that helps shrimp and fish farmers manage ponds, harvests, and sales with a mix of software and post-harvest operations. The Aquapulse funding round has now closed at ₹45 crore after a fresh ₹20 crore cheque from IAN Alpha Fund, on top of the ₹25 crore it had already raised from NABVENTURES through the AgriSURE Fund. Aquaculture in India still runs on patchy farm data, uneven quality control, and too many middlemen between the pond and the buyer. Founded in 2022 by Abhishek and Abhilash Dwivedy, the company is trying to fix that with a tighter, more traceable supply chain.
The new money will go into technology upgrades and disease management systems. It will also fund a wider farmer procurement network in eastern India, plus more processing and export capacity. Part of the capital is meant to strengthen working capital for Aquapulse’s global business. This isn’t just an app company trying to bolt on AI. It’s trying to control more of the value chain, where quality and margins are usually lost.
What is Aquapulse and how does it work?
Aquapulse runs a farm-to-market aquaculture platform for shrimp and fish farmers. In practice, a farmer can use the app to record water and mineral parameters, track price trends, raise buy or sell requests, use shrimp-specific calculators, and get support through a helpline. On the backend, Aquapulse ties that farm-side data to harvest planning and disease alerts. It also handles trading support and export-facing operations.
The workflow is pretty straightforward. Farmers monitor pond conditions and feed usage. They use the app to understand price movements and coordinate selling instead of waiting for a local trader to dictate terms. Aquapulse then supports the messy parts after harvest too. That includes grading and cold storage. It also covers logistics, compliance, and buyer linkage, so the farmer isn’t left dealing with a fragmented chain one vendor at a time.
There’s more product depth here than the original funding brief suggests. The iPhone app lists weather insights and tithi updates. It also includes water-quality and mineral logging, price analytics, and trading features. Recent app updates added “Aquapulse Intelligence,” an AI assistant that gives smart insights, harvest planning help, water-quality advice, export-status visibility, and team feedback based on farm data.
That matters. Shrimp farming is incredibly sensitive to small shifts in pond conditions. Aquapulse’s pre-harvest layer focuses on water quality, disease risk, and feed efficiency. Its post-harvest layer is about traceability and output quality. Put together, the pitch is simple: less guesswork for farmers, fewer unpleasant surprises for buyers.
Who founded Aquapulse and what is the company building?
Founded around the shrimp bottleneck
Aquapulse was founded in 2022 by Abhishek Dwivedy and Abhilash Dwivedy. Abhishek is co-founder, managing director, and CEO, while Abhilash is co-founder and chief growth officer. The company is based in Odisha and has built itself around one blunt idea: India produces a lot of shrimp, but the value chain is still too disorganized for small farmers to consistently earn what they should.
That’s why Aquapulse talks so much about transparent pricing and direct market access. Instead of stopping at advisory tools, it’s trying to connect pond-level decisions to buyer requirements. That’s harder to execute than a pure software model. It also gives Aquapulse a more defensible angle if it can pull it off.
Early product signals and fundraising details
The product is live, not conceptual. Aquapulse has active mobile apps, and its Android listing shows 500+ downloads. That’s not a breakout scale signal by itself. Still, it shows the company has shipped a usable product while building the heavier operational side of the business.
On funding, the timeline is clear. Aquapulse first raised ₹25 crore in an ongoing Series A round led by NABVENTURES via its AgriSURE Fund. It has now added ₹20 crore from IAN Alpha Fund, taking the full Series A to ₹45 crore, or about $4.7 million. The earlier plan included setting up an in-house processing facility. It also included expanding the farmer network to 15,000 across Odisha, Andhra Pradesh, and West Bengal, and investing in AI-led harvest systems and its pricing stack.
How Aquapulse compares with Eruvaka, Aquaconnect, and AquaExchange
Aquapulse isn’t entering an empty market. Eruvaka has long been known for IoT-based shrimp farm monitoring and feed optimization. AquaExchange has built a broader digital infrastructure model with IoT and predictive analytics. It also offers financing, insurance, and market linkages, and said in March 2026 that it covers about 25% of India’s active shrimp-farming acreage. Aquaconnect has pushed an integrated aquaculture platform and, in 2025, committed $4.5 million to biological research and production for farm-care products.
So where does Aquapulse sit? More toward the integrated execution end. The company isn’t just selling sensors or data dashboards. It’s combining farm monitoring and procurement. It also handles transparent pricing, harvest coordination, processing, logistics, compliance, and export support. Its real competition isn’t only other startups. It’s the old chain of local aggregators, fragmented processors, and opaque pricing that small farmers have had to live with for years.
Why does the Aquapulse funding round matter?
Because this round funds the unglamorous stuff that actually changes outcomes.
An in-house processing facility can give Aquapulse tighter control over quality, consistency, and margins. That matters a lot in seafood exports, where one weak link in handling or compliance can wipe out value fast. If Aquapulse wants to be more than a software layer, owning more of processing is a logical step.
The procurement push across eastern India matters for a different reason. Odisha, Andhra Pradesh, and West Bengal are important aquaculture states. Scale in this business comes from density — pond by pond, cluster by cluster — not from signing a few flashy enterprise accounts. Aquapulse’s strategy only works if it builds a reliable farmer network and can move product predictably.
The AI angle matters too, but only if it stays practical. Harvest planning, disease management, and feed efficiency are all real problems. If the tech helps farmers act earlier and helps buyers trust quality more, then the AI layer matters. If it turns into dashboard clutter, it won’t.
How big is the market behind Aquapulse?
The market is big enough to justify the ambition. India exported seafood worth ₹62,408.45 crore, or $7.45 billion, in FY25, with frozen shrimp alone contributing ₹43,334.25 crore and nearly 70% of total dollar earnings. That’s why startups keep chasing shrimp-tech models in India. The export engine is already there.
There’s scale on the production side too. India is now the world’s second-largest aquaculture producer and contributes about 8% of global fish production. Since 2015, the fisheries sector has been backed by investments worth ₹39,272 crore, and the broader value chain supports livelihoods for nearly 30 million fishers and fish farmers.
Forecasts still point up. IMARC pegs the India aquaculture market at 15.5 million tons in 2025 and projects it to reach 30.9 million tons by 2034. That doesn’t mean every aquaculture startup wins. It does mean demand for better farm monitoring, traceability, cold-chain handling, and export readiness isn’t going away.
What should you watch after the Aquapulse funding round?
The next test for Aquapulse won’t be fundraising optics. It’ll be execution.
Can it scale procurement without letting quality slip? Can the processing facility improve margins fast enough to justify the capex? Can its app and AI tools become part of a farmer’s daily routine instead of just a demo-friendly feature set? Those are the questions that matter now. Eastern India’s shrimp belt is where the answer will show up first.
Read how Gigascale Capital launched a $250M institutional fund to back startups rebuilding energy, industrial, and infrastructure systems as electricity demand and grid pressure continue to surge.
FAQ
- What is the latest Aquapulse funding news?
Aquapulse has closed its Series A round at ₹45 crore. The round includes ₹25 crore led by NABVENTURES through the AgriSURE Fund and a later ₹20 crore investment from IAN Alpha Fund announced on June 2, 2026. - How does Aquapulse work for shrimp and fish farmers?
Aquapulse gives farmers a mobile workflow for recording pond conditions, checking market prices, planning harvests, and sending buy or sell requests. It also extends beyond software by handling grading and cold storage. It covers logistics, compliance, and export coordination too, which is a big reason investors are backing it. - Who founded Aquapulse?
Aquapulse was founded in 2022 by Abhishek Dwivedy and Abhilash Dwivedy. Abhishek is co-founder, managing director, and CEO, while Abhilash is co-founder and chief growth officer. - Is Aquapulse part of India’s aquaculture or seafood export market?
It’s part of both. Aquapulse operates in aquaculture tech on the farm side, but its model also plugs directly into seafood processing and exports, which matters in a country where seafood exports reached ₹62,408.45 crore in FY25 and shrimp remained the dominant export product.
