CoratiaTechnologies
Unmanned Underwater Robots
The pitch
- Season / Episode
- S3 E43
- Aired
- 20 Mar 2024
- Industry
- Technology/Software
- From
- Rourkela, Odisha
- Founded
- 2021
- Asked for
- ₹80 L for 1%
- Valuation asked
- ₹80 Cr
The outcome
- Deal
- ₹80 L for 1%
- Deal valuation
- ₹80 Cr
- Yearly revenue
- ₹1.28 Cr
- Gross margin
- —
Who invested
- Ritesh₹80 L for 1%
What happened next
- Coratia Technologies Raises ₹5 Crore to Scale Underwater Robotics
Odisha-based Coratia Technologies raised ₹5 crore in a round led by Piper Serica Angel Fund, following a July 2025 investment of over ₹17 crore from MGF Kavachh and Pontaq Ventures, to fund R&D, manufacturing capacity and export certification.
CIOL · 12 Nov 2025
- Coratia signs $7.5m agreement with Indian Navy for UWROVs
Coratia Technologies signed a Rs 66 crore ($7.5 million) contract with the Indian Navy to supply and maintain its Jalasimha underwater remotely operated vehicles, described as the first large-scale induction of domestically developed UWROVs into active naval operations.
Naval Technology · 22 Sep 2025
News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.
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