AquaExchange Raises $8 Million Series B to Expand AI-Driven Aquaculture Technology Globally

Vijayawada, India — March 10, 2026: Aquaculture technology startup AquaExchange has raised $8 million in Series B funding, strengthening its ambition to transform global seafood supply chains through advanced digital infrastructure and automation. The round was co-led by venture capital firms Endiya Partners and Factor Analytics, with continued participation from Accion Ventures and support from impact investor Ocean 14 Capital, which focuses on sustainable investments in the Blue Economy.

The new funding comes as the company scales its technology platform across India and international markets, positioning itself at the forefront of a rapidly evolving global aquaculture industry increasingly driven by data, artificial intelligence, and automation.

Building Digital Infrastructure for Aquaculture

Founded by Pavan Kosaraju, Hemasundar Dhavili, Kareem Mohammod, and Kiran Bandi, AquaExchange is headquartered in Vijayawada in the Indian state of Andhra Pradesh. The company focuses on modernizing aquaculture and animal protein supply chains using a full-stack digital ecosystem designed to improve efficiency, transparency, and sustainability.

Its platform integrates Internet of Things (IoT) automation, AI-powered analytics, real-time farm monitoring, embedded financial services, and digital market linkages. Through this integrated approach, AquaExchange aims to help farmers and producers digitize their operations and improve production outcomes.

The startup has emerged as a major player in India’s aquaculture technology space. It is currently the first aquaculture technology company in India to automate more than 25 percent of the country’s shrimp farming acreage, reflecting growing adoption of digital infrastructure within the sector.

Rapid Growth and Expanding Market Reach

AquaExchange has recorded significant growth as demand for technology-led solutions in aquaculture rises. The company expects to generate approximately ₹275 crore in revenue during the current financial year, while its technology business has grown rapidly over the past year as farmers increasingly adopt automation and data-driven management tools.

The company’s technology platform now supports aquaculture operations across five Indian states and monitors more than 80,000 acres of aquaculture farms globally.

Beyond India, AquaExchange has expanded into international markets including Ecuador, Saudi Arabia, and Madagascar. These regions are among the world’s key shrimp production hubs and present large opportunities for digital transformation in aquaculture.

The company has also been onboarded as a technology partner by several large global shrimp producers, enabling them to integrate advanced farm monitoring and production management systems into their operations.

AI and IoT Driving Farm Efficiency

AquaExchange’s technology platform uses AI and IoT sensors to track environmental conditions and farm performance in real time. These tools allow farmers to monitor water quality, identify early disease indicators, and make data-driven decisions that improve productivity.

Shrimp farming is particularly vulnerable to disease outbreaks and environmental fluctuations, which can significantly impact crop yields. By providing predictive analytics and automated monitoring, AquaExchange’s system helps farmers reduce risks and optimize production cycles.

Farms that adopt the company’s technology have reported crop success rates of nearly 85 percent, significantly higher than the typical industry benchmark of around 55 to 60 percent.

These improvements highlight the potential of digital technologies to address long-standing inefficiencies in the aquaculture industry.

Expanding Access to Finance and Insurance

In addition to farm automation, AquaExchange has developed embedded financial services to address a major challenge faced by aquaculture farmers: access to formal credit.

Many aquaculture producers, particularly small and medium farmers, often struggle to obtain financing due to the lack of standardized risk assessment systems in the sector. AquaExchange is addressing this gap by providing financial institutions with farm performance data and risk evaluation tools.

The company has worked with the National Bank for Agriculture and Rural Development to develop India’s first shrimp farm risk scoring framework. This model helps lenders evaluate farm health and production risks, enabling them to provide structured loans and working capital to aquaculture farmers.

AquaExchange has also collaborated with insurance providers to create crop disease insurance frameworks, giving farmers financial protection against unexpected production losses.

Strengthening Global Seafood Traceability

Traceability is becoming increasingly important in global seafood trade as consumers, regulators, and retailers demand greater transparency in food supply chains.

AquaExchange has developed digital traceability systems that track seafood production from farm to market. The company works with international organizations including the Global Dialogue on Seafood Traceability and the Monterey Bay Aquarium to align its platform with global sustainability and traceability standards.

The platform also supports compliance with international certification frameworks such as those set by the Aquaculture Stewardship Council.

By improving traceability and quality assurance, the company aims to help seafood producers meet global export requirements and build stronger market access.

Investors Back Technology-Led Aquaculture Growth

Investors backing AquaExchange believe the company is well positioned to benefit from the structural transformation underway in the global seafood industry.

Rising global demand for protein, declining wild-capture fishing, and increasing sustainability regulations are accelerating the shift toward technology-driven aquaculture systems.

As producers look for ways to improve productivity while meeting environmental and traceability standards, digital platforms like AquaExchange are becoming essential components of the aquaculture ecosystem.

Future Expansion Plans

With the new Series B funding, AquaExchange plans to scale its international technology business and deepen its presence across India’s aquaculture markets. The company also intends to expand its digital infrastructure into additional segments of agriculture where similar automation and financial access solutions can improve productivity.

The startup’s long-term vision is to build a global technology platform that supports sustainable animal protein production while empowering farmers with better tools, insights, and financial access.

As aquaculture continues to play an increasingly important role in global food security, technology companies like AquaExchange are emerging as key drivers of innovation across the seafood value chain.