Bhubaneswar-based shrimp aquaculture and seafood export 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 company will use the fresh capital to strengthen farm-level technology, improve disease management systems, and expand its farmer procurement network across eastern India.
Additionally, Aquapulse will deploy the funds to scale its seafood processing and export operations while enhancing its working capital infrastructure. Through these initiatives, the startup aims to accelerate growth and strengthen its position in India’s rapidly expanding aquaculture and seafood export sector.
Founded in 2023 by Abhishek Dwivedy and Abhilash Dwivedy, Aquapulse operates a technology-enabled procurement platform that directly connects small shrimp farmers with domestic and international buyers. The company currently works with farmers across Odisha, Andhra Pradesh, and West Bengal through an aquapreneur-led hub-and-spoke operating model.
Furthermore, Aquapulse supports shrimp farmers through a comprehensive range of services, including water quality monitoring, feed management, disease early-warning systems, harvesting coordination, and market access solutions. The startup integrates pre-harvest support, harvesting, processing, and export logistics into a fully traceable supply chain platform, thereby improving efficiency and transparency throughout the value chain.
The company primarily exports shrimp to major international markets, including China, Vietnam, and Japan. At the same time, it serves domestic institutional buyers and modern trade customers across India.
According to the company, India’s seafood exports reached $8.28 billion in 2025, with shrimp contributing a substantial share of total export revenue. As global demand for high-quality seafood continues to rise, Aquapulse aims to capitalize on emerging opportunities in international markets while strengthening India’s position as a leading seafood exporter.
The startup also seeks to address several long-standing challenges faced by smallholder shrimp farmers. These challenges include fragmented market access, limited adoption of modern aquaculture technologies, pricing volatility, and increasingly stringent traceability requirements imposed by global seafood buyers.
By leveraging technology-driven solutions and building an integrated farm-to-export ecosystem, Aquapulse intends to improve farmer incomes, increase productivity, and enhance supply chain efficiency. The company believes that greater transparency and traceability will help Indian shrimp farmers access premium global markets while maintaining compliance with international quality standards.
Commenting on the investment, Sarika Saxena, Managing Partner at IAN Alpha Fund, stated that Aquapulse’s farm-to-port platform offers transparency, traceability, and market access. She added that it also addresses inefficiencies prevalent in the aquaculture value chain.
The investment reflects growing investor interest in agritech, aquaculture technology, seafood exports, and sustainable food supply chains. As digital transformation reshapes India’s agricultural and fisheries sectors, startups such as Aquapulse are increasingly attracting institutional capital to modernize traditional industries and unlock new growth opportunities.
With backing from NABVENTURES and IAN Alpha Fund, the startup plans to enhance farm-level technology, expand its farmer network, and strengthen seafood processing and export capabilities. As global demand for traceable and sustainably sourced seafood continues to grow, Aquapulse is well-positioned to empower shrimp farmers, improve supply chain efficiency, and drive the next phase of growth in India’s aquaculture and seafood export ecosystem.
