AquaExchange, a technology company modernising the multi trillion global animal protein value chain, has closed its $8 million 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.
The company has emerged as a category leader in the sector, becoming the first aquaculture technology company in India to automate more than 25% of Indian shrimp farms. Its revenue is projected at Rs 275 crore in FY 26, and its technology-division revenues have grown six-fold over the past year, reflecting accelerating adoption of digital infrastructure across aquaculture markets. AquaExchange’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.
Founded by Pavan Kosaraju, Hemasundar Dhavili, Kareem Mohammod, and Kiran Bandi, 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. The company 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. Endiya backed AquaExchange from the seed stage and co-led this Series B alongside Factor Analytics. Notable exits include Darwinbox, Steradian Semiconductors (acquired by Renesas Electronics), and Kissht, which is preparing for its public listing.