AquaExchange Shrimp Farm Automation Suite

AquaExchange is an Indian aquaculture technology company founded in 2020 by Pavan Kosaraju. It serves shrimp and fish farmers who struggle with high electricity bills, aerator failures, manual feeding and limited access to finance and markets.

Its IoT range includes PowerMon for power monitoring and smart aerator control from a smartphone, PowerMon with automatic power factor correction, the Starter aerator controller, PumpMon for pump performance, and AquaBot, a mobile automated pond feeder, plus static feeders and a smart scale. Monitoring tools include WaterMon handheld water testing, CheckTray for feed and shrimp behaviour, an AI smartphone shrimp counter and Patholense AI microscopy for pathogen detection. The NextFarm app ties these together and links farmers to crop financing, disease insurance and harvest buyers. About 20,000 devices run across 80,000 acres.

• PowerMon and APFC: real-time power monitoring, remote aerator control and automatic power factor correction.
• AquaBot: mobile automated feeder that moves across the pond to spread feed.
• Patholense: AI-assisted microscopy for early pathogen detection.
• Shrimp Counter and Smart Scale: AI smartphone counting and weighing of shrimp samples.
• WaterMon and CheckTray: GPS-enabled water quality testing and feed tray monitoring.
• NextFarm app: farm management with links to financing, insurance and market access.

• Shrimp farms in the Mekong Delta reducing power bills with smart aerator control and power factor correction.
• Feed distributors and cooperatives offering automated feeders and AI disease checks to member farms.
• Banks and insurers using farm device data to design credit and disease insurance for shrimp farmers.

• Cuts electricity costs and aerator downtime through power monitoring, power factor correction and fault alerts.
• Reduces labour and feed waste with automated mobile and static feeders.
• Detects health risks earlier using AI microscopy and tray-based feed monitoring.
• Connects farmers to financing, disease insurance and harvest buyers in one app.

Shrimp farmers in Asia face thin margins from high power and feed costs and frequent disease outbreaks, while small farms lack access to formal credit. Vietnam's shrimp sector shares these pressures, creating demand for affordable aeration control, automated feeding and bundled finance services for smallholders.

AquaExchange was founded in 2020 by Pavan Kosaraju with co-founders Hemasundar D, Kareemullah Md and Kiran Kumar. It raised a USD 6 million Series A led by Ocean 14 Capital in January 2024 and a USD 8 million Series B in March 2026; investors include Accion, Endiya Partners and Factor Analytics. Recognitions include G20 India, the Global Seafood Alliance, MPEDA and NITI Aayog.