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Aquaconnect - About the company

Aquaconnect is a series A company based in Chennai (India), founded in 2017 by Rajamanohar Somasundaram and Sanjai Kumar. It operates as an AI-based end-to-end solutions for shrimp and fish farmers. Aquaconnect has raised $24.1M in funding from investors like Omnivore, Rebright Partners and Lok Capital, with a current valuation of $*****. The company has 63 active competitors, including 10 funded and 1 that has exited. Its top competitors include companies like Aqua Exchange, eFishery and Aquapulse.

Company Details

AI-based end-to-end solutions for shrimp and fish farmers. It uses AI and satellite remote sensing to bring transparency and efficiency to the aquaculture value chain It offers data-driven farm advisory by using the deep learning method. It provides context-aware alerts and suggestions regarding water quality and aquatic health. It also provides formal finance and insurance linkages and also improves the market linkage of the farmers
Social
XFacebook
Email ID
*****@aquaconnect.blue
Phone Number
+91 **********
Part Of
Registered Address
4th Floor, South Wing, ORIGIN TOWER, Type II/11&13, Dr. VSI Estate, Rajiv Gandhi Salai, Tiruvanmiyur, Chennai, Chennai City Corporation, Tamil Nadu, India, 600041
Key Metrics
Founded Year
2017
Location
Chennai, India
Stage
Series A
Total Funding
$24.1M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 29, 2024
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
164 as on Feb 28, 2025
Similar Companies
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Aquaconnect's funding and investors

Aquaconnect has raised a total funding of $24.1M over 6 rounds. Its first funding round was on Aug 25, 2018. Its latest funding round was a Series A round on Jan 29, 2024 for $*****. 1 investor participated in its latest round. Aquaconnect has 14 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Aquaconnect:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2024
7816745
Series A
5225563
1321789
2387565
1913754
Sep 20, 2022
8785979
Series A
4868915
5716163
1381892
Mar 22, 2022
1195563
Venture Debt
4609372
2263456
1946550
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Aquaconnect's founders and board of directors

Founder? Claim Profile
The founders of Aquaconnect are Rajamanohar Somasundaram and Sanjai Kumar. Rajamanohar Somasundaram is the CEO of Aquaconnect.
Here are the details of Aquaconnect's key team members:

Aquaconnect's Board of Directors

Aquaconnect's board has 6 active members. Hari Krishnan Kannappan, Selvaraj Karthivelan, Rajamanohar Somasundaram, Reihem Roy and Harsh Jaiprakash Gupta are part of team and Venkatesh Parthasarathy is independent board member.
Here is the list of Aquaconnect's board of directors:
Name
Type
Representing
Status
Duration
vrnacnz
Team
-
Past
5y 9m
{bjgkep
Team
-
Past
2y 5m
bjpatxr
Team
-
Current
2y 2m
Investor
-
Current
2y 9m
Investor
-
Current
3y 7m
bahpuor
Investor
-
Past
8y 5m
fyrpnvp
Independent board member
-
Past
5y 7m

Aquaconnect's employee count trend

Aquaconnect has 164 employees as of Feb 25. Here is Aquaconnect's employee count trend over the years:
Employee count trend for Aquaconnect
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Aquaconnect's Competitors and alternates

Top competitors of Aquaconnect include Aqua Exchange, eFishery and Aquapulse. Here is the list of Top 10 competitors of Aquaconnect, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aqua Exchange
Aqua Exchange
2020, Bhimavaram (India), Series B
Provider of IoT-powered tech platform for aquaculture farmers
$19M
67/100
2nd
Logo for eFishery
eFishery
2013, Bandung (Indonesia), Series D
Provider of technology solutions for sustainable aquaculture
$294M
57/100
3rd
Logo for Aquapulse
Aquapulse
2023, Bhubaneswar (India), Series A
Provider of digital advisory and supply chain management for aquaculture
$4.88M
56/100
4th
Logo for Aquaconnect
Aquaconnect
2017, Chennai (India), Series A
AI-based end-to-end solutions for shrimp and fish farmers
$24.1M
53/100
5th
Logo for MileDeep
MileDeep
2017, Kakinada (India), Unfunded
Platform providing technology, marketplace solutions, and community support to aquaculture farmers
-
-
45/100
6th
Logo for Delos
Delos
2021, Jakarta (Indonesia), Series A
Operators of land-based recirculating aquaculture systems for sustainable production of shrimp
$13.8M
41/100
7th
Logo for Kingkeyzn
Kingkeyzn
2020, Futian (China), Unfunded
Provider of comprehensive smart agriculture solutions, including livestock and poultry farming, pig slaughter, meat production, and farm products
-
-
41/100
8th
Logo for New Hope Liuhe
New Hope Liuhe
1998, Chaoyang (China), Funding Raised
Provider of traceability solutions to value the food industry chain
-
40/100
9th
Logo for BITCLIQ
BITCLIQ
2013, Caldas da Rainha (Portugal), Seed
Provider of a platform with blockchain for gathering fishing fleets and their customers
$1.82M
34/100
10th
Logo for YourFarm
YourFarm
2020, Coimbatore (India), Seed
Provider of Tech Enabled services for livestock
$196K
33/100
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Aquaconnect's Latest cap tables and shareholding

Founders own 15.50%, Funds (largest shareholder) own 71.90%, Enterprises own 1.67% and Other People own 3.06%. The net worth of Aquaconnect's founders is INR 60.5Cr as of Jan 29, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
15.50%
60.5Cr
4243186
4400782
5921808
6260288
9330059
7846703
6779485
2684640
6219619
1999615
Fund
71.90%
280Cr
2859632
3006160
6283497
2003203
9156982
7382818
9833199
9660335
3527512
8463463
5549093
5589287
5311313
5291176
2596625
4135591
6782736
2914742
8694724
9137488
4296072
7313655
4489030
7852459
6433584
4048772
4831205
6372531
465
467
200
290
431
145
3
6
4
2
6
2
Enterprise
1.67%
6.52Cr
8
4
6
4
Other People
3.06%
11.9Cr
656
532
881
171
ESOP Pool
7.53%
29.4Cr
8374447
7405680
4934513
7116992
Other Investors
0.35%
1.37Cr
0
0
0
0
Total
100.00%
390Cr
9129364
1578526
9004199
7517214
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Aquaconnect's Shareholding

Aquaconnect's Investments and acquisitions

Aquaconnect has made no investments or acquisitions yet.

Reports related to Aquaconnect

Here is the latest report on Aquaconnect's sector:

News related to Aquaconnect

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