Odisha-based deep tech startup Coratia Technologies, an indigenous underwater robotics company, has raised Rs 5 crore (approximately $563,000) in a funding round led by Piper Serica Angel Fund.
The round follows Coratia’s recent Rs 66 crore contract from the Indian Navy for its indigenously developed Underwater Remotely Operated Vehicle (UWROV) named Jalasimha. Existing investors MGF Kavachh and Pontaq Ventures, who previously invested Rs 17 crore in July 2025, also continue to back the company’s vision of advancing India’s underwater and subsea robotics capabilities.
Advancing Indigenous Underwater Robotics
Founded by Debendra Pradhan and Biswajit Swain, Coratia Technologies is incubated at NIT Rourkela and focuses on building advanced autonomous underwater vehicles (AUVs) for defence, energy, and industrial applications. Its flagship lineup includes Jalasimha, Jaladuta, Oceanus, and Navya all designed and manufactured in India.
The company plans to use the new funds to strengthen in-house R&D, expand manufacturing capacity, upgrade product lines, and explore international markets for subsea robotics and inspection technologies.
Expanding Beyond India’s Shores
Coratia has executed projects with Indian Railways and IOCL Paradip, and was recently invited to Brunei Darussalam, one of Southeast Asia’s largest oil producers, to demonstrate its robotic systems for offshore energy infrastructure maintenance.
“This investment supports our vision to transform underwater robotics and strengthen India’s position in the global blue economy,” said Debendra Pradhan, Co-founder and CEO. “Our goal is to build a global supply chain from India and export indigenously developed systems that meet both strategic and commercial needs.”
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