The Odisha based startup aims to reduce post-harvest loss and empower smallholder farmers.

Aquapulse Secures Crucial Funding from NABKISAN to Advance India's Aquaculture Sector

INDIA
Monday, September 15, 2025, 00:10 (GMT + 9)

Aquapulse Secures NABKISAN Funding to Scale Aquaculture

NEW DELHI — In a significant boost for India's burgeoning aquaculture industry, Aquapulse, an Odisha-based startup, has secured strategic funding from NABKISAN Finance Limited, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD). This investment marks a rare achievement for an Indian aquaculture company, which has now secured two rounds of institutional funding within the same year, following earlier backing from Caspian Debt.

The funding is aimed at tackling a major challenge in India's seafood value chain: post-harvest loss. The Indian fisheries sector, which is the second-largest in the world, suffers from an estimated annual loss of up to $2.8 million due to inadequate cold storage and poor handling infrastructure. This not only impacts the quality of the seafood but also results in significant income loss for smallholder farmers.

Aquapulse, founded by brothers Abhishek Dwivedy and Abhilash Dwivedy, is addressing this issue with technology-driven solutions. The startup leverages AI-powered advisory tools, digital traceability systems, and market linkages to reduce waste, ensure higher seafood quality, and ultimately increase the income of farmers across India's coastlines.

"Support from NABKISAN is a validation of our mission to bring resilience to India's aquaculture sector," said Abhishek Dwivedy, CEO and Managing Director of Aquapulse. "NABKISAN, as a leading provider of credit for agricultural enterprises, plays a pivotal role in India's rural and agricultural development, and this partnership is about building trust and empowering millions of farmers with sustainable solutions."

With the new capital, Aquapulse plans to expand its operations by onboarding more farmers, strengthening its domestic and export sales channels, and enhancing its infrastructure capacity. This strategic investment not only accelerates the startup's growth but also supports India's broader goal of improving food security and economic stability for its rural communities.

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