Coratia Technologies Closes $1.9Mn to Expand Underwater Robotics and Fulfil Indian Navy Contract
Oct 29, 2026 | By Nguyen Minh

Coratia Technologies has Closes $1.9Mn in a bridge funding round led by MGF Kavachh to support its US$6.94 million. (₹66 crore) Indian Navy contract, strengthen research and development, and expand its underwater robotics operations.
The Indian deep-tech company develops indigenous underwater robotic systems for defence, industrial and infrastructure applications. The fresh funding will help the company improve its technology, scale manufacturing and expand the deployment of its robotic systems.
Funding Details
Coratia Technologies raised ₹18 crore in its latest bridge round, led by MGF Kavachh. The investment follows the company's ₹17 crore Pre-Series A funding round in 2025, which included investments from MGF Kavachh, Piper and SIDBI.
The latest investment will support the company's technology development and business expansion, with a focus on underwater robotics for defence and critical infrastructure.
How Will Coratia Technologies Use the Funding?
The company plans to use the funds to execute its ₹66 crore contract with the Indian Navy under the Innovations for Defence Excellence (iDEX) initiative.
The capital will also support research and development, improvements to its underwater robotic systems, and expanded manufacturing and deployment capabilities.
These investments are expected to help Coratia address the requirements of defence organisations and operators of critical infrastructure.
About Coratia Technologies

Founded by Debendra Pradhan and Biswajit Swain, Coratia Technologies develops underwater robotic systems for inspecting and assessing submerged structures.
Its technologies include remotely operated vehicles (ROVs) and autonomous marine systems. These systems support underwater visual inspections, sonar surveys, bathymetry, non-destructive testing, structural assessments and robotic cleaning.
Leadership Comments
“We are building a technology platform that can evolve with India’s requirements. Indian waters present unique challenges, including high turbidity, silt, low visibility and changing currents. Our focus is on miniaturising technology while advancing our systems’ intelligence, capability and deployability across defence, infrastructure and industrial applications,” said Debendra Pradhan, Co-founder and CEO, Coratia Technologies.
“The Navy programme is an important milestone, but our work extends well beyond it. We continue to invest in autonomy, sensing, navigation, underwater perception and intervention capabilities. Our deep R&D focus enables us to develop solutions for the specific challenges of Indian waters and build products for demanding applications,” said Biswajit Swain, Co-founder and CTO, Coratia Technologies.
“Coratia is developing an indigenous underwater robotics capability with applications across defence, critical infrastructure and the wider maritime economy. Its engineering and R&D capabilities, combined with the potential to address complex underwater challenges, make it a compelling critical-technology business. Our follow-on investment re-instates our confidence in the team and its technology. We are proud to be a part of Coratia’s journey,” said Raj Sethia, Founder and Managing Partner, MGF Kavachh.
“Coratia is building differentiated capabilities in underwater robotics by combining strong engineering with a deep understanding of the challenges of operating in Indian waters. Since our initial investment, the company has continued to strengthen its technology platform and demonstrate its potential across defence and critical infrastructure. We believe this follow-on investment will help Coratia advance its R&D roadmap, scale deployment and unlock opportunities across a wider range of applications.” said Vandana Swarup, Director – Investments, MGF Kavachh.
Growth Opportunities in Underwater Robotics
Coratia is targeting opportunities across India's defence and critical infrastructure sectors. Underwater robotic systems can help inspect submerged structures, dams, reservoirs, pipelines, ports and bridge foundations while reducing the need for divers to work in hazardous conditions.
The technology may also support inspections of infrastructure affected by floods, including submerged bridges, culverts and sluice gates.
With the new funding, Coratia plans to advance its research and development, fulfil its Indian Navy contract and expand manufacturing and deployment of its indigenous underwater robotic systems.
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