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AquaExchange, a technology firm focussed on modernising the global animal protein value chain has raised $8 million in Series B funding round. The round was co-led by Endiya Partners and Factor Analytics, with participation from existing investor Accion Ventures.
Ocean 14 Capital, a leading impact investment firm focused on the Blue Economy, also continues to support the company.
Founded by Pavan Kosaraju, Hemasundar Dhavili, Kareem Mohammod, and Kiran Bandi, and headquartered in Vijayawada, Andhra Pradesh, AquaExchange’s mission is to improve the availability, sustainability, and quality assurance of seafood and animal protein supply chains globally, ensuring technology-backed food security for the future.
AquaExchange has built a full-stack technology ecosystem that integrates IoT automation, proprietary AI/ML analytics, real-time farm monitoring, embedded finance, and market linkages. The platform enables farmers, producers, and supply chain participants to digitize and optimize operations at scale.
In India, the company has automated more than 25 per cent of Indian shrimp farms. Its revenue is projected at ₹275 crore in FY 26, and its technology-division revenues have grown sixfold over the past year, reflecting accelerating adoption of digital infrastructure across aquaculture markets.
The company’s IoT and AI solutions based operations span five Indian states. Globally, the company’s platform monitors over 80,000 acres of aquaculture farms. AquaExchange also operates in three international markets -- Ecuador, Saudi Arabia, and Madagascar, and has been onboarded as a technology partner by three of the world’s largest shrimp producers.
Pavan Kosaraju, Founder of AquaExchange, said “AquaExchange is committed to its Farmer First approach to transforming aquaculture through technology. This funding will help us consolidate our market-leading position in India and achieve leadership in technology export markets. We aim to equip many more small and medium aquaculture farmers with the latest technology tools, including proprietary AI services to offer predictive disease monitoring solutions. The aim is to improve crop success rates in India and abroad. We also plan to diversify to other agri-asset classes where we believe our proven full-stack offerings can be effectively replicated.”
The company has helped improve crop success rates to approximately 85% on farms utilizing AquaExchange’s proprietary technology platform (including IOT devices, AI-driven predictive health monitoring engine and continuous on-ground advisory), compared with the industry benchmark of 55–60%.
Beyond farm automation, AquaExchange has also pioneered embedded finance solutions for aquaculture, enabling farmers to access formal crop loans and working capital from financial institutions that have historically underserved the sector.
The company has developed comprehensive crop disease insurance frameworks in partnership with insurers, and, in collaboration with NABARD, created India’s first shrimp farm risk scoring framework, helping establish structured credit pathways for aquaculture farmers.
The new capital will enable AquaExchange to scale its international technology business, expand domestic market share, and deepen its presence across upstream segments of the aquaculture value chain.
Published on March 10, 2026
English (US) ·