About Aquaconnect
Aquaconnect is an Agriculture company based in Chennai (India) founded in 2017 by Rajamanohar Somasundaram. End-to-end AI solutions are delivered for shrimp and fish farmers. Aquaconnect has raised $24.1 million across 6 funding rounds from investors including Antares Capital, Louis Dreyfus Company and Allana. The company has 160 employees. Aquaconnect was last valued at $22 million in September 2022. Its chief executive, as recorded, is Rajamanohar Somasundaram. Its Indian entity Coastal Aquaculture Research Institute Private Limited reported revenue of ₹314 Cr. Its focus areas include Food and Agriculture Tech, Aquaculture Tech and Tech Enabled Farm Services. Its competitors include Aqua Exchange and MileDeep; 1 of its 2 listed competitors has raised funding.
Company details
Aquaconnect was founded in 2017 in Chennai, India, focusing on the aquaculture sector. AI and satellite remote sensing are utilized to enhance transparency and efficiency across the value chain for shrimp and fish farmers. Data-driven advisory services are provided through deep learning methods, along with context-aware alerts for water quality and aquatic health. Formal linkages to finance and insurance are facilitated, while market connections for farmers are improved.
- Headquarters Chennai, India
- Employees 160
- Founders Rajamanohar Somasundaram
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website aquaconnect.blue
- Social LinkedIn X Facebook Instagram
- Legal Name Coastal Aquaculture Research Institute Private Limited
- Date of Incorporation 21 Apr, 2017
- Jurisdiction Thiruvanmiyur, Tamil Nadu, India
- Annual Revenue₹314 Cr
FY 2025 · +24% YoY
- Net Loss-₹16.71 Cr
FY 2025 · -5% margin
- EBITDA-₹11.15 Cr
FY 2025 · -4% margin
- Total Equity Funding$24.1M (USD)
in 6 rounds
- Latest Funding Round$4M (USD), Series A
Jan 2024
- InvestorsAntares Capital
& 12 more
- Employee Count160
Associated legal entities of Aquaconnect
Aquaconnect operates through Coastal Aquaculture Research Institute Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Coastal Aquaculture Research Institute Private Limited CIN U74999TN2017PTC116191 | Active | 21 Apr 2017 | Chennai, Tamil Nadu | ₹314 Cr | 160 | 6 | View details |
Funding Insights of Aquaconnect
Aquaconnect has successfully raised a total of $24.1M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $24.1M
- Total Rounds 6
- Last Round Series A — $4M
- First Round $27,847
(Aug 2018)
- Investors Count 13
All 6 funding rounds of Aquaconnect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $4M | Series A | – | S2G Ventures | – |
| Sep 2022 | $15M | Series A | $22M | Lok Capital, Omnivore | |
| Mar 2022 | $8M | Debt – Venture | $36.1M | – | |
| Mar 2021 | $4M | Seed | $••••• | Rebright Partners, Flourish | |
| Sep 2019 | $1.07M | Seed | $••••• | Omnivore | |
| Aug 2018 | $27,847 | Seed | $••••• | Hatch Blue | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $22M | •••••••• |
| Mar 2022 | $36.1M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
Full valuation and stage history of Aquaconnect
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $22M (Sep 2022). 13 investors in total: 13 institutional.
Investors in Aquaconnect
Aquaconnect has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Antares Capital, Louis Dreyfus Company and Allana.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Stage agnostic venture capital firm | s2gventures.com | Chicago, United States | ||
Investment firm focusing on tech-enabled enterprises in social and environmental sectors. | 2002 | lokcapital.com | Gurugram, India | |
Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs. | flourishventures.com | Redwood City, United States | ||
Tech investments are made stage-agnostically in Japan and the US. | sun-8.jp | Tokyo, Japan | ||
Early-stage venture capital firm focusing on Asia regions. | 2008 | rebrightpartners.com | ||
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Venture capital fund focused on ag-tech and food-tech sectors | agfunder.com | San Francisco, United States | ||
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Single family office investing in multiple sectors | sixg.vc | Dubai, United Arab Emirates | ||
Global merchant and processor of agricultural goods, creating fair and sustainable value | 1851 | ldc.com | Rotterdam, Netherlands |
Investor details for Aquaconnect
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Board of directors of Coastal Aquaculture Research Institute Private Limited (Aquaconnect)
Coastal Aquaculture Research Institute Private Limited is the primary company behind Aquaconnect. The board of Coastal Aquaculture Research Institute Private Limited currently have 5 directors; the longest-serving is Rajamanohar Konerirajapuram Somasundaram, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajamanohar Konerirajapuram Somasundaram DIN 01950431 | Whole-time director | 21 Apr 2017 | 9 yrs 6 mo | Coastal Aquaculture Research Institute Private Limited |
| Selvaraj Karthivelan DIN 07596186 | Whole-time director | 01 Oct 2021 | 5 yrs | Coastal Aquaculture Research Institute Private Limited |
| Harsh Jaiprakash Gupta DIN 09828520 | Nominee Director | 29 Dec 2022 | 3 yrs 9 mo | Coastal Aquaculture Research Institute Private Limited |
| Reihem Roy DIN 07009489 | Nominee Director | 12 Sep 2023 | 3 yrs 1 mo | Coastal Aquaculture Research Institute Private Limited |
| Mousum Pal Choudhury DIN 05199412 | Nominee Director | 25 Jun 2025 | 1 yr 3 mo | Coastal Aquaculture Research Institute Private Limited |
People of Aquaconnect
10 people are tracked at Aquaconnect (8 in leadership, 2 in team); the tracked headcount is 160.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| COO | Leadership | |
Arpan Bhalerao | Chief Growth Officer | Leadership |
Venkatesan V | CTO | Leadership |
| COO | Leadership | |
Sudhir Silwal | Head of Data Science & GIS | Leadership |
Karthick Ramesh | Head - Marketing Design | Leadership |
Rohit Priyadarshi | General Manager | Leadership |
Pravin Kumar Rajendran | Supply Chain Manager | Team |
Sudhakar Velayutham | Entrepreneur In Residence | Team |
Complete people profiles for Aquaconnect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Aquaconnect
Figures of Coastal Aquaculture Research Institute Private Limited, the primary company behind Aquaconnect, for FY 2025. Revenue was ₹314 Cr (+24% year on year). Net loss was -₹16.71 Cr (-5% margin). EBITDA was -₹11.15 Cr (-4% margin). Revenue has grown at a compounded annual rate of +108% over three years and +163% over five years.
- ₹314 CrRevenue · FY 2025 · +24% YoY
- -₹16.71 CrNet loss · -5% margin
- -₹11.15 CrEBITDA · -4% margin
- ₹35.6 LakhPaid-up capital
- 160Employees (provident fund records)
- +108%Revenue CAGR, 3 years
- +163%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Coastal Aquaculture Research Institute Private Limited are on its company page.
Detailed financial statements for Aquaconnect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Aquaconnect
4 dated milestones of Aquaconnect across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Aquaconnect is founded.
- Funding First funding round of $28K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $4.0M.
Competitors of Aquaconnect
Aquaconnect has 2 listed competitors in our database, 1 of them funded. They include Aqua Exchange and MileDeep.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aquaexchange.com | 2020 | Bhimavaram, India | $10.95M | 142 | An IoT-powered tech platform is provided for aquaculture farmers. | |
| miledeepworks.in | 2017 | East Godavari, India | Offers comprehensive support services tailored for aqua farmers. |
Detailed competitors of Aquaconnect
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Verified entity values are shown only after access is granted.
Web traffic of Aquaconnect
The website of Aquaconnect (aquaconnect.blue) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 11.6% vs previous month
Top companies in Aquaculture Tech & Equipment
3 companies that operate in the same segment as Aquaconnect (Aquaculture Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An IoT-powered tech platform is provided for aquaculture farmers. | 2020 | Bhimavaram, Andhra Pradesh, India | USD 18.95 M | USD 9.23 M | 46 | |
Seafood supply chain marketplace connecting producers and retailers is operated. | 2019 | Bengaluru, Karnataka, India | USD 260.68 M | USD 96.34 M | 458 | |
Grows and converts seaplants into bio-fuels and soil nutrients | 2010 | Bengaluru, Karnataka, India | USD 48.24 M | USD 5.53 M | 109 |
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Related news about Aquaconnect
Complete news archive for Aquaconnect
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Articles about Aquaconnect on our blog
- Microsoft launches Agritech Accelerator08 Jun 2020
Frequently Asked Questions about Aquaconnect
Aquaconnect was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Aquaconnect is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Rajamanohar Somasundaram is the CEO of Aquaconnect, as recorded in our data. They have also founded this company.
Aquaconnect is a funded company, having raised a total of $24.1M across 6 funding rounds to date. The company's 1st funding round was a Seed of $27.85K, raised on Aug 2018.
Aquaconnect has 160 employees.
The primary company behind Aquaconnect, Coastal Aquaculture Research Institute Private Limited, reported revenue of ₹314 Cr for FY 2025, up 24% year on year.
Aquaconnect was founded in 2017 in Chennai, India, focusing on the aquaculture sector. AI and satellite remote sensing are utilized to enhance transparency and efficiency across the value chain for shrimp and fish farmers. Data-driven advisory services are provided through deep learning methods, along with context-aware alerts for water quality and aquatic health. Formal linkages to finance and insurance are facilitated, while market connections for farmers are improved.
Aquaconnect's top competitors include Aqua Exchange and MileDeep.
Aquaconnect has 13 investors. Key investors include Antares Capital, Louis Dreyfus Company, Allana, Hatch Blue, and Lok Capital.
The valuation of Aquaconnect is $22M as of Sep 2022.
Aquaconnect operates through Coastal Aquaculture Research Institute Private Limited.
The legal entities of Aquaconnect currently have 6 directors, including Rajamanohar Konerirajapuram Somasundaram, Selvaraj Karthivelan, Harsh Jaiprakash Gupta and others.