Nekkanti Sea Foods

What Nekkanti Sea Foods does

Nekkanti Sea Foods is a privately held, family-owned shrimp processor and exporter headquartered in Visakhapatnam, Andhra Pradesh, India. Founded in 1983 by NSR Murty and currently led by Managing Director Venkat Nekkanti (with Satish Guttikonda as CEO), the company operates five processing facilities across Andhra Pradesh with combined export capacity of 3,000+ containers per year, 400 acres of owned shrimp farms across four locations, a 150 million post-larvae-per-annum hatchery, and 5,001–10,000 employees. Its stated annual revenue is $300 million on 100 million pounds of shrimp sold, serving 100+ customers worldwide.

The company's product portfolio spans four categories — raw shell-on (Head On, Headless Shell On, Easy Peel), raw peeled (Peeled Deveined Tail On/Off), cooked (Cooked Easy Peel, Cooked Peeled Deveined variants), and value-added (Butterfly, Skewers, Nobashi, Raw Breaded). It is the first Indian processor to install LCMS (Liquid Chromatography-Mass Spectrometry) and X-Ray inspection equipment for veterinary drug residue and physical contamination testing, and holds BAP and ASC aquaculture certifications required by major global retailers. Processing infrastructure includes 5 cooking lines, 8 raw IQF units, 9 raw block freezers, and 1 frying/breading line supporting the 2022-established breaded shrimp plant.

Nekkanti operates a B2B export-focused go-to-market, selling directly to leading retailers and seafood companies globally with primary exposure to the USA, and positions itself as sole supplier of Indian shrimp to key accounts. Revenue mechanics are quote-based export contracts; no public pricing or financial disclosures exist. The company received a $30 million funding round in July 2018 from Motilal Oswal Financial Services, New Horizon Investments, and Oak Capital. In March 2026, shipments from Nekkanti Mega Food Park Private Limited were refused entry by the FDA for antibiotic contamination (amoxicillin, chloramphenicol, nitrofurans), representing a material regulatory risk to US-bound revenue.

Name

Nekkanti Sea Foods

Legal name

Nekkanti Sea Foods

Website

https://nekkantiseafoods.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Nekkanti Sea Foods is a family-owned Indian shrimp processor and exporter operating five processing facilities and 400 acres of farms in Andhra Pradesh, selling $300M annually of raw, cooked, and value-added shrimp products to 100+ global retailers, primarily in the USA.

Ownership category

akta.pro rank

Product category

Seafood Processing and Export

NAICS

Seafood Product Preparation and Packaging (311710), Shellfish Farming (112512), Fish and Seafood Merchant Wholesalers (42446), Seafood Product Preparation and Packaging (31171)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092), Food And Kindred Products (2000), Wholesale-Groceries & Related Products (5140)

akta.pro primary industry

Shellfish Processing (Shrimp, Crab, Lobster, Mollusks) (AFANADAC)

akta.pro secondary industries

Ready-to-Eat Seafood (Cooked Shrimp, Crab, Lobster, Surimi) (AFANALAC), Breaded/Battered & Fried Seafood Products (Frozen Convenience) (AFANADAH), Primary Seafood Processing (Heading/Gutting/Deheading; Icing) (AFANADAA)

Keywords

• Shrimp processing
• Seafood export
• Value-added shrimp
• Aquaculture farming
• Frozen seafood products

Headquarters

HQ city

Visakhapatnam

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Shrimp Product Export: Revenue generated from processing and exporting fully integrated shrimp products including shell-on, peeled, cooked, and value-added shrimp products to global markets, primarily the USA

Go-to-market motion1 record

Distribution channels1 record

Core offering

Nekkanti Sea Foods is a fully integrated shrimp processor and exporter that operates its own farms and five processing facilities across Andhra Pradesh, India. The company produces and exports a portfolio of raw shell-on, raw peeled, cooked, and value-added shrimp products (including breaded, skewers, butterfly, and Nobashi formats) to global retailers and seafood companies, primarily in the USA market.

Product overview

Nekkanti Sea Foods is a fully integrated shrimp processing and export company offering a comprehensive portfolio of processed shrimp products. The product range spans four main categories: Raw Shell-On products (Head On Shell On, Headless Shell On), Raw Peeled products (Shell On Easy Peel, Peeled Deveined Tail On, Peeled Deveined Tail Off), Cooked products (Cooked Easy Peel, Cooked Peeled Deveined Tail On, Cooked Peeled Deveined Tail Off), and Value-Added products (Raw Butterfly Tail On, Raw Peeled Deveined Skewers, Raw Nobashi, Raw Breaded Tail On). The company operates five processing facilities and 400 acres of farms, producing approximately 100 million pounds annually with $300 million in annual revenue.

Differentiator

Problem solved

Functional benefit

Products and services

• Head On Shell On Whole shrimp with head and shell intact, sold as a raw product for further processing or cooking by end users.
• Headless Shell On Shrimp with head removed but shell still intact, sold as a raw product.
• Shell On Easy Peel Shrimp with shell partially loosened for easy removal during preparation.
• Peeled Deveined Tail On Shrimp with shell removed and vein extracted, tail fin intact.
• Peeled Deveined Tail Off Shrimp with shell and vein removed, tail fin also removed.
• Cooked Easy Peel Pre-cooked shrimp with partially loosened shell for easy removal.
• Cooked Peeled Deveined Tail On Pre-cooked shrimp with shell and vein removed, tail fin intact, ready-to-eat.
• Cooked Peeled Deveined Tail Off Pre-cooked shrimp with shell, vein, and tail fin removed, fully processed ready-to-eat.
• Raw Butterfly Tail On Shrimp split and opened butterfly-style with tail still attached, raw format for further cooking.
• Raw Peeled Deveined Skewers Shrimp arranged on skewers, peeled and deveined, raw for grilling or cooking.
• Raw Nobashi Curved or straight-cut shrimp designed for kebab and skewer preparations.
• Raw Breaded Tail On Shrimp with breadcrumbs coating, tail intact, raw for deep frying or baking.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators13 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Avanti Feeds: India's largest shrimp feed manufacturer and a major integrated shrimp processor/exporter. Most direct domestic peer to Nekkanti in the Indian aquaculture-to-export value chain with overlapping Andhra Pradesh operations and US market exposure.
• Apex Frozen Foods: Indian integrated frozen shrimp exporter headquartered in Andhra Pradesh, competing directly with Nekkanti in cooked and raw shrimp exports to the US and EU. Same product categories, certifications, and customer overlap.
• Devi Seafoods: Indian shrimp processor and exporter with fully integrated operations from farming to processing. Competes directly in value-added cooked shrimp exports to US and European retailers.
• The Waterbase Limited: Indian shrimp processor and exporter with integrated aquaculture operations. Direct competitor in cooked shrimp exports and shares the Andhra Pradesh operating footprint.
• Sandhya Marines: Indian shrimp processing and exporting company with comparable product portfolio of cooked and raw shrimp. Competes for the same US retailer accounts.

Broad incumbents

• Thai Union Group: World's largest canned tuna and seafood company with significant shrimp operations globally. Competes with Nekkanti as a broad incumbent in the global shrimp export market, though from a much larger branded portfolio.
• Charoen Pokphand Foods: Thai-based global aquaculture and seafood giant with vertically integrated shrimp operations. Competes broadly in global shrimp exports with significantly larger scale and geographic diversification.
• Maruha Nichiro: Japan's largest seafood company with global operations including shrimp sourcing and processing. Represents a large established buyer/competitor in the global shrimp value chain.
• High Liner Foods: North American frozen seafood processor and distributor with branded and value-added seafood products including shrimp. Overlaps with Nekkanti in the value-added shrimp and breaded seafood categories sold to US retailers.
• Trident Seafoods: US-based vertically integrated seafood company with wild-caught and farmed operations. Competes in the broader US seafood retail and foodservice channel where Nekkanti supplies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nekkanti Sea Foods