The Indian aquaculture industry's frontline status during the pandemic cushioned the impacts for tech startup Aquaconnect, allowing it to register a whopping seven times growth over the last 12 months.
The trajectory has gained it a new round of funding, with investment from high-ranking names such as French behemoth Louis Dreyfus, Indian impact fund Lok Capital and Japanese venture capital firm Suneight Investment joining the team alongside Omnivore, Rebright Partners, Flourish Ventures, Hatch and AgFunder.
The successful $15 million (€14 million) funding round is reflective of Aquaconnect's sustainability of margin over what has been, for most, a challenging two years.
