Deal Overview
Bhubaneswar-based shrimp aquaculture startup Aquapulse has raised Rs 45 crore in a funding round led by NABVENTURES through its AgriSURE Fund, with participation from IAN Alpha Fund. The investment marks a significant boost for India’s burgeoning agritech export sector.
Company Background
Founded in 2023 by Abhishek and Abhilash Dwivedy, Aquapulse operates a technology-enabled procurement platform designed to integrate smallholder farmers into the global supply chain. By utilizing an ‘aquapreneur-led hub-and-spoke’ model, the startup currently serves farmers across Odisha, Andhra Pradesh, and West Bengal.
Key Operational Offerings:
- Water quality monitoring and disease early-warning systems
- Feed management and harvesting coordination
- Direct market access for domestic and international buyers
- End-to-end supply chain traceability
Market Context
With India’s seafood exports hitting $8.28 billion in 2025, the aquaculture sector is under pressure to modernize. Aquapulse addresses critical industry bottlenecks including fragmented market access, pricing volatility, and the increasing global requirement for verified product traceability. The company currently exports to major markets including China, Vietnam, and Japan.
Use of Funds
The capital will be deployed to:
- Strengthen farm-level technology and disease management systems
- Expand the farmer procurement network across Eastern India
- Scale processing infrastructure and export logistics
- Bolster working capital to support operational growth
Founder Takeaways
Investors are prioritizing platforms that solve ‘last-mile’ production challenges through technology. For agritech founders, the shift toward farm-to-port models highlights that success depends on embedding tech directly into the farmer’s workflow to ensure both quality and traceability.