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India’s aquaculture sector has received a significant boost as Aquapulse, a Bhubaneswar based shrimp aquaculture and seafood export startup, announced the successful closure of a Rs 45 crore funding round. The investment was led by NABVENTURES through its AgriSURE Fund, with additional participation from IAN Alpha Fund. The development marks a pivotal moment for technology driven innovation in India’s blue economy.
A Platform Built for the Small Farmer
Founded in 2023 by brothers Abhishek and Abhilash Dwivedy, Aquapulse was conceived with a clear mandate — to bridge the persistent gap between small scale shrimp farmers and high value domestic and international markets. Operating across Odisha, Andhra Pradesh, and West Bengal, the company has built a ground level network of local aquapreneurs who serve as the primary interface between the platform and farming communities.
The company’s service model is comprehensive. Farmers receive support across the entire production cycle, including water quality monitoring, feed management, disease detection, and harvest planning. Beyond the farm, Aquapulse manages processing, logistics, and export documentation, ensuring full product traceability — a growing requirement among international buyers seeking verified supply chains.
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Strategic Deployment of Capital
The freshly secured capital will be channelled into four critical areas. First, the company intends to advance its pond-level technology infrastructure and strengthen disease control mechanisms that directly affect yield quality. Second, Aquapulse plans to widen its farmer sourcing network across eastern India, deepening the aquapreneur cluster model that has defined its operational identity. Third, processing capacity and export operations will be scaled to meet rising global demand. Finally, the funds will bolster working capital support extended to partner farmers, reducing their financial vulnerability during production cycles.
Positioned Within a High Value Export Market
India’s seafood export industry was valued at $8.28 billion in 2025, with shrimp accounting for a substantial portion of that figure. Aquapulse currently exports to China, Vietnam, and Japan, while also catering to domestic institutional and retail buyers. The company operates at the intersection of agricultural technology and global trade, addressing structural challenges such as price volatility, limited market access, and low technology adoption that have historically constrained small shrimp farmers.
With institutional backing now in place, Aquapulse is positioned to scale its farmer first model while contributing meaningfully to India’s ambition of strengthening its standing in the global seafood trade.
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