Hatch-backed India-based India Aquaconnect has hired Murugan Chidhambaram as head of digital transformation.
Chidhambaram will be responsible for developing, implementing and managing Aquaconnect's digital strategy.
He has over 17 years of experience in the telecom industry and has worked with various leading industry players around the world, according to the company's LinkedIn post.
The fresh round of capital will be used to expand the company's presence across India by growing its network of partners, enabling it to better provide feed and equipment to India's fish and shrimp farmers, according to a post on LinkedIn from Aquaconnect CEO and co-founder Rajamanohar Somasundaram.
Aquaconnect was established in 2019 with $1 million (€910,000) in seed funding from startup accelerators Omnivore and Hatch with the aim of transforming India's $7.1 billion (€7.4 billion) shrimp farming sector.
To do this, the company started giving free on-the-spot access to production expertise as well as data collection and other planning tools considered basic necessities of day-to-day business.
"The whole industry is not as efficient as it should be," Somasundaram told IntraFish at the time. "Technology has not penetrated it the way it should have done."