BHUBANESWAR: City-based agritech startup Aquapulse has raised Rs 25 crore in an ongoing Series-A round led by NABVENTURES Ltd, the venture capital arm of NABARD, to build India’s first integrated aquaculture ecosystem.
The capital, raised through through AgriSURE Fund, will be utilised for expansion and setting up of a state-of-the-art in-house processing facility, expanding its current farmer network from 6,000 plus to over 15,000 plus across Odisha, Andhra Pradesh and West Bengal, and strengthening its technology stack. It is also investing in AI-led pre and post-harvest systems and its tech led transparent pricing model.
Founded in 2022 by Abhishek Dwivedy and Abhilash Dwivedy, Aquapulse’s operating model combines deep domain expertise with a robust technology layer, while its AI-driven pre-harvest systems monitor pond-level parameters such as water quality, disease risk and feed optimisation, enabling farmers to improve feed conversion ratios and consistently enhance output quality, said officials from the firm.
“We built Aquapulse to fix these things, one at a time. With NABVENTURES backing, we can now scales these solutions meaningfully,” said chief growth officer of Aquapulse Abhilash Dwivedy.