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
- Website
- aquaconnect.blue
- Email ID
- *****@aquaconnect.blue
- Phone Number
- +91 **********
- 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
Ranked
4th among 63 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
164 as on Feb 28, 2025
Similar Companies
Legal entities associated with Aquaconnect
Aquaconnect is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COASTAL AQUACULTURE RESEARCH INSTITUTE PRIVATE LIMITED CIN: U74999TN2017PTC116191 , India, Active | Apr 21, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 148 (As on Aug 01, 2025) |
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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:
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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 |
View details of Aquaconnect's funding rounds and investors
Aquaconnect's founders and board of directors
Founder? Claim ProfileThe 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:
- Rajamanohar Somasundaram: Co-Founder & CEO of Aquaconnect and founder of 4 other companies, including Kaasu, Fringle and Hexolabs. They serve on the board of 1 company.
- Sanjai Kumar: Former Co-Founder of Aquaconnect and founder of 1 other company. They serve on the board of 1 company.
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 |
View details of Aquaconnect's Founder profiles and Board Members
Aquaconnect's employee count trend
Aquaconnect has 164 employees as of Feb 25. Here is Aquaconnect's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aqua Exchange 2020, Bhimavaram (India), Series B | Provider of IoT-powered tech platform for aquaculture farmers | $19M | 67/100 | |
2nd | Provider of technology solutions for sustainable aquaculture | $294M | 57/100 | ||
3rd | Provider of digital advisory and supply chain management for aquaculture | $4.88M | 56/100 | ||
4th | Aquaconnect 2017, Chennai (India), Series A | AI-based end-to-end solutions for shrimp and fish farmers | $24.1M | 53/100 | |
5th | Platform providing technology, marketplace solutions, and community support to aquaculture farmers | - | - | 45/100 | |
6th | Operators of land-based recirculating aquaculture systems for sustainable production of shrimp | $13.8M | 41/100 | ||
7th | Provider of comprehensive smart agriculture solutions, including livestock and poultry farming, pig slaughter, meat production, and farm products | - | - | 41/100 | |
8th | New Hope Liuhe 1998, Chaoyang (China), Funding Raised | Provider of traceability solutions to value the food industry chain | - | 40/100 | |
9th | Provider of a platform with blockchain for gathering fishing fleets and their customers | $1.82M | 34/100 | ||
10th | Provider of Tech Enabled services for livestock | $196K | 33/100 |
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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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Aquaconnect to Invest USD 4.5 Million in Aquaculture Biological SolutionsSeafoodSource•Apr 07, 2025•Aquaconnect
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Indian seafood tech start-up rakes in $4 million in latest funding roundIntrafish•Jan 31, 2024•Aquaconnect, S2G Ventures, AgFunder, Omnivore and 5 others
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Aquaconnect Raises USD 15 Million In Series A RoundEnablers•Dec 20, 2022•Lok Capital, Aquaconnect, Louis Dreyfus Company, Suneight Investment and 6 others
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Aquaconnect’s valuation crosses Rs 180 Cr in a new roundEntrackr•Dec 19, 2022•Aquaconnect, Louis Dreyfus Company, Lok Capital, Suneight Investment and 4 others
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Aquaconnect hires Murugan Chidhambaram as Head of digital transformationPeople Matters•Sep 21, 2022•Aquaconnect, Vodafone
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Indian start-up Aquaconnect raises USD 8 million in latest funding roundSeafoodSource•Mar 31, 2022•Aquaconnect, Trifecta Capital, Innoven Capital, Alteria Capital and 1 other
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