AquaExchange Bags USD 6 Million in Series A Funding Led by Ocean 14 Capital Previously, it raised Pre-Series A funding worth USD three million from Endiya Partners and Accion Venture Lab in 2022

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Vijayvada-based aquaculture technology startup AquaExchange announced it had raised USD six million in a Series A funding round. The round was led by Ocean 14 Capital and saw participation from Endiya Partners and Accion Venture Labs.

"We plan to refine and scale our unique reinforcement framework, wherein farmers are immediately incentivised for sustainable practices through reduced input costs and higher offtake prices, emphasising our commitment to sustainable practices in the industry," said Pavan Kosaraju, Founder, AquaExchange.

Founded in 2020, the aquatech startup is a marketplace mobile app for connecting Aqua Farmers with aquaculture input providers like hatcheries, feeds, etc. and aquaculture market research providers and consultants.

"In a short period of time the company managed to deploy technology across a significant part of the Indian aquaculture landscape, both helping to deliver the data, insights and control that can help stabilise customers production while also developing an end-to-end solution providing access to inputs, offtake and finance," noted Piers Lakin, Senior Associate, Ocean 14 Capital on the occasion.

The startup aims to utilise the raised capital to refine and scale its unique reinforcement framework. AquaExchange further plans to introduce its devices in international markets.

Previously, it raised Pre-Series A funding worth USD three million from Endiya Partners and Accion Venture Lab in 2022.

Entrepreneur Staff

Entrepreneur Staff


Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics


International Security Firm Welcomes Female India Native to an Essential Leadership Position

Yasmin Brar has been appointed as the Operations Strategy Director, a role that underscores the company's commitment to innovation, expansion, and strategic management

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.


How Learning to Take Care of Myself Helps Me Take Care of My Business

For entrepreneurs, particularly women, balancing the myriad responsibilities of business ownership can be all-consuming. You can't pour from an empty cup — here's how I started putting myself first and how it made my business more successful, too.

Business News

A 29-Year-Old CEO Quit Microsoft To Build His Startup — And Just Scored A Deal on Shark Tank

Aabesh De tapped into a niche need during the pandemic and founded Flora, a houseplant care startup.


10 Leadership Lessons From Successful CEOs — An Insightful Guide for the Ambitious Entrepreneur

Valuable lessons you can learn from successful CEOs like Steve Jobs, Jeff Bezos and Elon Musk.