Close Menu
  • Startup News
  • Startup Stories
  • Sector Watch
  • Founders Desk
  • Top 10
  • Funding & Deals
  • India Insider

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Goldman Sachs Sells ₹355 Cr in Eternal Shares in Block Deal

October 4, 2025

Lenskart Gets SEBI Approval for ₹2,150 Cr IPO

October 4, 2025

BVG India’s IPO: ₹300 Cr Fresh Capital + Share Sale to Scale Business

October 3, 2025
Facebook X (Twitter) Instagram
startupstoryindia.comstartupstoryindia.com
Facebook Instagram YouTube LinkedIn
SUBSCRIBE
  • Startup News
  • Startup Stories
  • Sector Watch
  • Founders Desk
  • Top 10
  • Funding & Deals
  • India Insider
startupstoryindia.comstartupstoryindia.com
Home»Funding & Deals»Coratia Technologies Secures ₹66 Crore Indian Navy Contract for Underwater Robotics
Funding & Deals

Coratia Technologies Secures ₹66 Crore Indian Navy Contract for Underwater Robotics

Aman AtulyaBy Aman AtulyaSeptember 19, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Odisha-based deep-tech startup Coratia Technologies has signed a ₹66 crore (approx. $7.5 million) contract with the Indian Navy to supply and maintain its indigenously developed Underwater Remotely Operated Vehicles (UWROVs). The deal marks the Navy’s first large-scale induction of India-built UWROVs into active operations.

Defence Tech Breakthrough

Coratia’s flagship UWROV Jalasimha has already cleared Technology Readiness Level-9 – a NASA-based mission framework – following rigorous testing and certification, paving the way for its naval deployment. Alongside Jalasimha, the startup has also developed Jaladuta and Navya (an autonomous surface vehicle), equipped with AI-driven sonar mapping and real-time analytics. Designed with frugal engineering, these systems deliver advanced underwater capabilities at significantly lower costs compared to imported solutions.

Strategic Edge & Investment Backing

Backed by investors including MGF Kavachh and Pontaq Ventures India, Coratia raised ₹17.4 crore ($2 million) in a Pre-Series A round in July 2025 to scale its R&D, strengthen IPR, and expand exports. Investors note that Coratia’s innovations reduce India’s reliance on foreign technology at a time of volatile global geopolitics, aligning with the nation’s push for technological sovereignty and the broader Make in India vision.

Expanding Applications Beyond Defence

While the Navy deal is a major validation, Coratia’s UWROVs are already deployed in the civil and industrial sectors. Clients such as SAIL, Indian Oil, Indian Railways, and Tata Steel use its systems for dam and bridge inspections, marine ecosystem monitoring, subsea pipeline and cable assessments, and offshore energy asset surveys. The technology also holds promise in disaster response and water quality monitoring.

Founders & Vision

Founded by Debendra Pradhan (CEO) and Biswajit Swain (CTO), Coratia is incubated at NIT Rourkela’s FTBI, with support from STPI Bhubaneswar Electropreneur Park, Startup Odisha, and i-Hub Gujarat. The founders describe the Navy partnership as both a recognition of their innovation and a catalyst for India’s blue economy ambitions.

Outlook

With the global underwater robotics market projected to grow from $5.08 billion in 2025 to $9.53 billion by 2030 (13.39% CAGR), Coratia’s contract signals India’s readiness to emerge as a key player in defence robotics while opening pathways for broader commercial applications worldwide.

Stay curious. Stay ambitious. Stay connected with StartupStoryindia.

read more
Equilibrium Raises $3M in Maiden Round to Scale Carbon Removal
Coratia funding
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Aman Atulya

Related Posts

Art of Time Raises Rs 175 Cr, Expands into Bridge-to-Luxury Market

October 3, 2025

Eternal Grants 64 Lakh ESOPs Worth Rs 211 Cr to Employees

October 3, 2025

Wit & Chai Secures Seed Funding at Rs 40 Cr Valuation

October 1, 2025

SuperFam Raises $400K Pre-Seed to Expand Family Management App

September 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

From Free Deliveries to Big Dreams: The Story of Foodo

July 17, 2025112 Views

IIT Madras to Fund 100 Deeptech Startups a Year with New ₹200 Cr VC Push

July 9, 202586 Views

From Heirlooms to Headlines: AMAMA Secures $1M

July 8, 202578 Views

Forget Dry Cleaners NextWash Is Building the Swiggy of Laundry

July 16, 202576 Views
Don't Miss
Startup News

Goldman Sachs Sells ₹355 Cr in Eternal Shares in Block Deal

By Aman AtulyaOctober 4, 20250

Goldman Sachs Bank Europe SE – ODI has sold 1.08 crore shares in foodtech company…

Lenskart Gets SEBI Approval for ₹2,150 Cr IPO

October 4, 2025

BVG India’s IPO: ₹300 Cr Fresh Capital + Share Sale to Scale Business

October 3, 2025

India Secures Rs 1.15 Lakh Crore in Electronics Parts Investment Commitments

October 3, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Our Picks
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Startup News

Goldman Sachs Sells ₹355 Cr in Eternal Shares in Block Deal

By Aman AtulyaOctober 4, 20250

Goldman Sachs Bank Europe SE – ODI has sold 1.08 crore shares in foodtech company…

Lenskart Gets SEBI Approval for ₹2,150 Cr IPO

October 4, 2025

BVG India’s IPO: ₹300 Cr Fresh Capital + Share Sale to Scale Business

October 3, 2025

India Secures Rs 1.15 Lakh Crore in Electronics Parts Investment Commitments

October 3, 2025

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Recent Posts

  • Goldman Sachs Sells ₹355 Cr in Eternal Shares in Block Deal
  • Lenskart Gets SEBI Approval for ₹2,150 Cr IPO
  • BVG India’s IPO: ₹300 Cr Fresh Capital + Share Sale to Scale Business
  • India Secures Rs 1.15 Lakh Crore in Electronics Parts Investment Commitments
  • Vani: The All-in-One Visual Collaboration Platform for Hybrid Workforces

Recent Comments

No comments to show.
Editors Picks

Supreme Court Stays ₹5,712 Crore GST Demand Against Paytm First Games

May 25, 2025
Top Reviews
Advertisement

Type above and press Enter to search. Press Esc to cancel.