The integrated aquaculture company Aquapulse aims to triple its annual revenue while simultaneously expanding its network of farmers, procurement volumes, and presence in key Indian shrimp production regions over the next 12–18 months.
The Bhubaneswar-headquartered company intends to grow its farmer base from over 7,000 to 10,000, deepening its presence in Odisha and West Bengal, as well as scaling up operations in the state of Andhra Pradesh.
Furthermore, Aquapulse seeks to increase shrimp procurement volume from 2,000 tons to 5,000 tons, scaling operations to connect farms with domestic and export markets. The cost of procured shrimp is projected to rise two and a half to three times compared to the previous year.
This expansion marks the next phase of the company's 'farm-to-market' model, which integrates farmer consultation, technology, procurement, and market linkages to connect small shrimp producers with domestic and export markets.
Details of Growth Plans
Abhishek Dwivedi, co-founder and CEO of Aquapulse, stated that the company generated an income of 130 crore rupees in the last fiscal year, with a target set at 400 crore rupees for the next 18 months. He noted that growth will be driven by a combination of increased procurement, geographical expansion, and deeper penetration into existing farming clusters.
Andhra Pradesh is expected to be the main driver of geographical expansion. As one of India's largest shrimp-producing states, it provides Aquapulse access to a significantly broader aquaculture ecosystem and complements the company's existing presence in Odisha and West Bengal.
The company announced that after entering Andhra Pradesh, it has already onboarded nearly 1,000 farmers and plans to establish local consultation centers soon to attract and register more farmers. A significant part of the Aquapulse team is already deployed in Andhra Pradesh.
Aquapulse plans to identify new production clusters, attract farmers, and local 'Aqua-entrepreneurs,' while strengthening its position within agricultural communities. The company also intends to increase volumes through harvesting in clusters and lagoons, opening new farming clusters and onboarding additional farmers.
The geographical diversity of shrimp farming allows for a more continuous procurement calendar. Since cultivation cycles vary across different regions, Aquapulse plans to use a strategy of year-round geographical sourcing to build volume, rather than relying on a single region or harvest window.
Farmer Support Through Technology
Dwivedi emphasized that shrimp farming is a high-risk business for small farmers due to numerous variables that can change between pond seeding and bringing the harvest to market. The company's goal is to provide farmers with better transparency of this cycle and, crucially, a reliable path to market when the harvest is ready.
Because small shrimp farmers have limited access to information regarding market prices, crop status, demand, and changing buyer requirements as harvest approaches, Aquapulse has focused on bridging these information gaps, supporting farmers throughout the entire growing cycle, rather than just during procurement at harvest.
According to the company, farmers connected to the platform report an improvement in realization of 3–5 percent. The Aquapulse technological platform integrates price transparency, market intelligence, crop monitoring, and advisory services, enabling farmers in remote areas to receive insights into domestic and global market developments.
Through technology, the company records farm data, water quality parameters, and planting history throughout the production cycle, allowing it to monitor crop progress, boost production, and optimize procurement. AI-based consultations, combined with traditional on-site support, give farmers greater awareness of the factors affecting their income.
Abhilash Dwivedi, Co-founder and Head of Growth at Aquapulse, stated: 'Better information is only valuable when it improves the farmer's outcome. Technology helps identify problems, assists the farmer in protecting crops, gives them greater confidence in buyers, and ensures that a well-managed harvest receives the best price. Our next phase is to transfer this model to a larger number of farming clusters while maintaining connection with individual farmers.'
The company's model has also received international recognition. Aquapulse was selected as one of three global finalists in the aquaculture category of the Responsible Seafood Innovation Awards 2026, organized by the Global Seafood Alliance. The company presented its model at the Sustainable Seafood Summit in Bangkok earlier this month, demonstrating its work on farm data, traceability, and connecting small farmers to larger markets.