Aquapulse eyes 5,000 MT shrimp procurement as it expands to Andhra Pradesh
ADVERTISEMENT
Aquaculture startup Aquapulse is targeting shrimp procurement of 5,000 metric tonnes as it eyes expansion into Andhra Pradesh, with the Bhubaneswar-based company also looking to boost its farmer network from over 7,000 to 10,000 in the next 12-18 months.
The company, which works with shrimp farmers across Odisha and West Bengal, is targeting threefold revenue growth over last year as it ramps up its presence across India's major shrimp-producing regions.
Aquapulse procured around 2,000 MT of shrimp last year and has already hit that figure this year. The company expects procurement growth around 2.5 times this year, while value of shrimp procured is projected to rise between 2.5 and three times over the previous year.
Next big growth market: Andhra Pradesh
Andhra Pradesh will the next major market for Aquapulse's expansion as it aims to take its farm-to-market model to a larger aquaculture ecosystem.
The company works with more than 7,000 farmers across 20,000 hectares, tying them to domestic and export markets. As it expands, Aquapulse is expecting higher procurement from existing clusters as well as from new additions from Andhra Pradesh to help hit its 5,000 MT target.
"Shrimp farming is a high-risk business for a small farmer as several things can change between stocking a pond and taking the crop to market," said Abhishek Dwivedy, co-founder and CEO, Aquapulse.
"Our aim is to give farmers better visibility through that cycle and, importantly, a reliable route to the market when the crop is ready. As we move from 7,000 to 10,000 farmers, the focus will remain on whether scale is translating into better economics for the farmer," he added.
Technology-led farm-to-market model
Aquapulse uses technology through-out the farming and procurement process, right from monitoring pond conditions, tracking water quality and crop history, to forecasting for harvests.
Its pre-harvest system uses photographs from farms to assess pond conditions and determine harvest readiness. After harvest, each shrimp lot is traced and documented through the supply chain until it reaches the port.
The company said farmers working with its platform see a 3-5% improvement in realisation.
"Better information has value only when it improves the farmer's outcome," said Abhilash Dwivedy, Co-founder and chief growth officer, Aquapulse.
The startup was also selected as one of three global finalists in the aquaculture category of the 2026 Responsible Seafood Innovation Awards organised by the Global Seafood Alliance. It presented its farm-to-market model at the Responsible Seafood Summit in Bangkok in September.
Aquapulse is backed by NABVENTURES, the venture capital arm of NABARD, through the AgriSURE Fund, and IAN Alpha Fund. The company closed a ₹45 crore funding round in 2026 to boost farm-level technology, expand its farmer network and scale processing and export operations.