About Coratia
Coratia is a company based in Rourkela (India) founded in 2021 by Debendra Pradhan and Biswajit Swain. Coratia has raised $2.84 million across 6 funding rounds from investors including Pontaq, Ritesh Agarwal and MGF Kavachh. The company has 1 employees as of March 29, 2024. Coratia offers products and services including Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs). Coratia operates in a competitive market with competitors including Rovco, Wingtra, Delair, Vaarst and Kraken Robotics, among others.
- Headquarter Rourkela, India
- Employees 1 as on 29 Mar, 2024
- Founders Debendra Pradhan, Biswajit Swain
- Stage Minicorn
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Sectors
EnvironmentIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Coratia Technologies Private Limited
- Date of Incorporation 30 Nov, 2021
- Jurisdiction Rourkela, Orissa, India
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Annual Revenue
$8.77 K (USD)0as on Mar 31, 2023
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Net Profit
$101.37 (USD)0as on Mar 31, 2023
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EBITDA
-$34.87 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$2.84 M (USD)
in 6 rounds
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Latest Funding Round
$563 K (USD), Seed
Nov 12, 2025
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Investors
Pontaq
& 3 more
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Employee Count
1
as on Mar 29, 2024
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Products & Services of Coratia
Coratia offers a comprehensive portfolio of products and services, including Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs).
Devices for remote-controlled underwater inspection and operations.
Self-navigating tools for autonomous underwater surveys and data gathering.
Funding Insights of Coratia
Coratia has successfully raised a total of $2.84M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $563 thousand completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $563,000
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First Round
First Round
(05 Mar 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Seed - Coratia | Valuation |
investors |
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| Jun, 2025 | Amount | Seed - Coratia | Valuation | MGF Kavachh |
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| Aug, 2024 | Amount | Seed - Coratia | Valuation |
investors |
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Investors in Coratia
Coratia has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Pontaq, Ritesh Agarwal and MGF Kavachh.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on UK-India innovation corridor and technology transfer.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Coratia
Financial Statements - Coratia
Coratia Comparisons
Competitors of Coratia
Coratia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rovco, Wingtra, Delair, Vaarst and Kraken Robotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of AI-driven ROVs and services for inspection of ships
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| domain | founded_year | HQ Location |
Developer of drone-based surveying solutions
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| domain | founded_year | HQ Location |
Aerial imagery services are delivered via proprietary drones.
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| domain | founded_year | HQ Location |
AI-based robotic analysis solutions for marine applications are provided.
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| domain | founded_year | HQ Location |
Unmanned maritime vehicles and subsea sensors are provided.
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| domain | founded_year | HQ Location |
Provides data collection technology for marine tracking systems
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Frequently Asked Questions about Coratia
Coratia was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Coratia is headquartered in Rourkela, India. It is registered at Rourkela, Odisha, India.
Debendra Pradhan is the current CEO of Coratia. They have also founded this company.
Coratia is a funded company, having raised a total of $2.84M across 6 funding rounds to date. The company's 1st funding round was a Seed of $35.73K, raised on Mar 05, 2022.
As of Mar 29, 2024, the latest employee count at Coratia is 1.
Annual revenue of Coratia is $8.77K as on Mar 31, 2023.
Coratia was founded in 2021 in Rourkela, India, as a provider in the underwater robotics sector. Remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) are utilized for inspection tasks in challenging environments. These vehicles are fitted with cameras, sonar, and GPS systems to ensure precise navigation and data collection, even in low-visibility conditions. Development and deployment of such systems are handled to support client needs in underwater operations.
Coratia offers Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs).
Coratia has 4 investors. Key investors include Pontaq, Ritesh Agarwal, MGF Kavachh, and Piper Serica.
The valuation of Coratia is $1.68M as of Sep 2023.