Coratia Technologies, a deep-tech startup pioneering indigenous underwater robotics, has raised Rs 50 million in funding from Piper Serica Angel Fund, an early-stage venture capital fund based in Mumbai. The new investment will be used to strengthen in-house R&D, scale manufacturing, upgrade current product lines, and expand the company’s presence in global markets.

This funding comes on the heels of Coratia securing a landmark Rs 660-million contract from the Indian Navy in September 2025 for its indigenously developed Underwater Remotely Operated Vehicle (UWROV), Jalasimha.

“We’re proud to back Coratia Technologies as it redefines underwater robotics and accelerates India’s rise as a technology powerhouse by 2030. Debendra and Biswajit have built an exceptional technological moat, and

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