Aquapulse, an aquaculture-focused agritech startup based in Odisha, has secured an additional ₹20 crore ($2.1 million) from IAN Alpha Fund, closing its Series A funding round at ₹45 crore (about $4.7 million), according to inc42.com. This follows an earlier ₹25 crore investment led by NABVENTURES through its AgriSURE Fund in the same round.
The startup plans to deploy the fresh capital to enhance its technology and disease management systems, expand its farmer procurement network across eastern India, and scale its processing and export operations. Aquapulse will also strengthen its working capital to support its global business. Founded in 2022 by Abhishek and Abhilash Dwivedy, the company uses an app-based monitoring system to help shrimp and fish farmers improve operational efficiency.
Aquapulse’s funding round highlights growing investor interest in agritech startups that leverage technology to improve aquaculture productivity and supply chain transparency. The company’s focus on AI-led harvest systems and a tech-driven transparent pricing model aligns with trends in the sector, where digital tools are increasingly adopted to enhance quality control and margins. NABVENTURES and IAN Alpha Fund’s participation underscores the strategic importance of agritech innovation in India’s eastern states.
Aquapulse aims to expand its farmer network to 15,000 across Odisha, Andhra Pradesh, and West Bengal. The startup’s next milestone includes setting up an in-house processing facility to further improve quality control, as detailed in its April and June 2026 funding updates.