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Bhubaneswar-based shrimp aquaculture and seafood export startup Aquapulse has raised INR 45 crore in a funding round led by NABVENTURES through its AgriSURE Fund with participation from IAN Alpha Fund.
The fresh capital will be used to strengthen farm-level technology, improve disease management systems, expand its farmer procurement network in eastern India and scale its processing and export operations. A portion of the funds will also support working capital requirements.
Founded in 2023 by Abhishek and Abhilash Dwivedy, Aquapulse operates a technology-enabled 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 a hub-and-spoke model led by local aquapreneurs.
The company provides farmers with services such as water quality monitoring, feed management, disease early-warning systems and harvesting coordination. It also integrates pre-harvest support, processing and export logistics into a traceable supply chain system aimed at improving efficiency and quality.
Aquapulse exports shrimp mainly to markets such as China, Vietnam and Japan, while also catering to domestic institutional buyers and modern retail channels. The company operates under Phoenix Marine Exports and Solution Pvt. Ltd. (PMES).
With its focus on organising a fragmented shrimp farming sector, Aquapulse aims to create a more structured and traceable value chain, helping farmers access stable markets while ensuring consistent supply standards for buyers.
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