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 proceeds will be used to strengthen farm-level technology and disease management systems, expand its farmer procurement network across eastern India, scale processing and export operations, and bolster working capital infrastructure. Founded in 2023 by Abhishek and Abhilash Dwivedy, Aquapulse operates a technology-enabled procurement platform that connects small shrimp farmers directly with domestic and international markets. The startup currently works with farmers across Odisha, Andhra Pradesh, and West Bengal through its aquapreneur-led hub-and-spoke model. Aquapulse provides farmers with water quality monitoring, feed management, disease early-warning systems, harvesting coordination, and market access. The company also integrates pre-harvest support, harvesting, processing, and export logistics into a traceable supply chain platform. The startup exports shrimp primarily to China, Vietnam, and Japan, while also serving domestic institutional and modern trade customers. According to the company, India's seafood exports reached $8.28 billion in 2025, with shrimp accounting for a significant share. Aquapulse aims to address challenges faced by smallholder shrimp farmers, including fragmented market access, limited technology adoption, pricing volatility, and traceability requirements from global buyers. Commenting on the investment, Sarika Saxena, Managing Partner at IAN Alpha Fund, said that Aquapulse's farm-to-port platform offers transparency, traceability, and market access while addressing inefficiencies in the aquaculture value chain. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
