Odisha-based deeptech startup Coratia Applied sciences has raised Rs 5 crore in a brand new funding spherical led by Piper Serica Angel Fund.
The startup plans to deploy the recent capital to strengthen its in-house analysis and improvement, broaden manufacturing capability, improve current product traces, and deepen its push into worldwide markets.
Based in 2021 by Debendra Pradhan and Biswajit Swain, Coratia builds superior autonomous underwater automobiles designed for each defence and industrial use.
Its flagship techniques, Jalasimha, Jaladuta, Oceanus and Navya, are centred round subsea inspections, surveillance, analytics and upkeep throughout crucial underwater infrastructure.
The startup is incubated at NIT Rourkela’s FTBI and STPI Bhubaneswar Electropreneur Park, with help from Startup Odisha and i-Hub Gujarat. Its current investor community contains deeptech-focused funds MGF Kavachh and Pontaq Ventures, each of which collectively invested greater than Rs 17 crore in July 2025 to help India’s strategic autonomy in underwater and subsea robotics techniques. Coratia additionally featured on Shark Tank India Season 3, the place the founders obtained a suggestion from OYO’s Ritesh Agarwal.
Debendra Pradhan, Co-Founder & CEO, Coratia Applied sciences, mentioned, “This funding goes a protracted method to help our imaginative and prescient to remodel underwater robotics and strengthen India’s place throughout the world blue financial system. We’re constructing a world provide chain from India. Our focus stays on creating and exporting indigenously developed capabilities that serve each strategic and industrial wants throughout pleasant markets.”
Biswajit Swain, Co-Founder & CTO, Coratia Applied sciences, mentioned, “We’re constructing techniques that redefine operational effectivity and reliability underneath excessive environments at a fraction of the price globally.”
Ajay Modi, Director of Investments, Piper Serica, mentioned, “We’re proud to again Coratia because it redefines underwater robotics and accelerates India’s rise as a know-how powerhouse by 2030. Debendra and Biswajit have constructed an distinctive technological moat, and the landmark Navy order is highly effective proof of Coratia’s potential. The corporate is poised for fast development.”