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Former Defence Secretary’s Venture Fund Backs Robotics Startup Coratia Technologies

  • Underwater robotics startup Coratia Technologies raised $2 Mn in a Pre-Series A funding round led by MGF Kavachh.
  • The venture capital fund MGF Kavachh is floated by former defence secretary Ajay Kumar.
  • Coratia Technologies, founded by Debendra Pradhan and Biswajit Swain, specializes in underwater robotics.
  • MGF Kavachh, focusing on early-stage startups in frontier and deep technologies, sees significant potential in Coratia's work for maritime security and critical underwater infrastructure.

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