Industrial Goods/Services
|
Updated on 13 Nov 2025, 08:47 am
Reviewed By
Satyam Jha | Whalesbook News Team
Coratia Technologies, an Odisha-based deeptech startup, has successfully raised ₹5 crore in a new funding round spearheaded by Piper Serica Angel Fund. This significant capital infusion is earmarked for bolstering the company's in-house research and development capabilities, expanding its manufacturing capacity, enhancing its existing product lines, and intensifying its global market outreach. Established in 2021 by Debendra Pradhan and Biswajit Swain, Coratia specialises in creating sophisticated autonomous underwater vehicles (AUVs) tailored for both defence and industrial sectors. Its flagship systems, including Jalasimha, Jaladuta, Oceanus, and Navya, are crucial for subsea inspections, surveillance, analytics, and maintenance of vital underwater infrastructure. The company benefits from incubation at NIT Rourkela’s FTBI and STPI Bhubaneswar Electropreneur Park, along with support from Startup Odisha and i-Hub Gujarat. Its existing investor base includes deeptech-focused funds MGF Kavachh and Pontaq Ventures, which previously invested over ₹17 crore in July 2025. Coratia also gained visibility on Shark Tank India Season 3. The founders express optimism that this investment will accelerate their vision of transforming underwater robotics and elevating India's role in the global blue economy, focusing on indigenous development and export. Investors highlight Coratia's strong technological foundation and potential, especially following a significant Navy order.
Impact This funding round is a positive development for India's deeptech and defence manufacturing sectors. It supports indigenous innovation in a critical niche, potentially reducing reliance on foreign technology and boosting India's strategic autonomy. The expansion into international markets could lead to export revenues and enhance India's global standing in advanced robotics. Rating: 7/10
Definitions of Difficult Terms: Autonomous Underwater Vehicles (AUVs): These are robotic submarines that can operate underwater without real-time human control, performing tasks autonomously based on pre-programmed instructions or AI. Blue Economy: This refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and jobs, while preserving the health of ocean ecosystems. Strategic Autonomy: This is a nation's capacity to make and implement its own strategic decisions and actions independently, particularly in defence and foreign policy.