Coratia Technologies Raises Rs 5 Crore to Boost Underwater Robotics Growth
- Coratia Technologies raises Rs 5 crore in a round led by Piper Serica Angel Fund.
- Funds to boost R&D, manufacturing, and global expansion plans.
- Startup recently bagged a Rs 66 crore Indian Navy contract for its UWROV ‘Jalasimha’.
Odisha-based deep tech startup Coratia Technologies, known for its indigenous underwater robotic systems, has raised Rs 5 crore (around $563,000) in funding led by Piper Serica Angel Fund. Existing investors MGF Kavachh and Pontaq Ventures, who had earlier invested over Rs 17 crore in July 2025, continue to back the company’s mission to enhance India’s strategic autonomy in subsea technology.
The new funding comes shortly after Coratia secured a Rs 66 crore contract from the Indian Navy for its indigenously developed Underwater Remotely Operated Vehicle (UWROV) named Jalasimha. The company plans to use the capital to expand R&D operations, enhance manufacturing capabilities, upgrade product lines, and explore global markets.
Founded by Debendra Pradhan and Biswajit Swain, Coratia Technologies is incubated at NIT Rourkela and develops advanced autonomous underwater vehicles for defense and industrial use. Its product lineup includes Jalasimha, Jaladuta, Oceanus, and Navya.
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The startup has worked with Indian Railways and IOCL Paradip, and recently demonstrated its robotic systems in Brunei Darussalam, one of Southeast Asia’s leading oil producers, for subsea inspection and maintenance.
Debendra Pradhan, Co-Founder and CEO, OF Coratia Technologies, said, “Our goal is to make India a global leader in underwater robotics by exporting advanced, indigenously built technologies that serve both defense and industrial sectors”.
