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Coratia Technologies Shark Tank India Season 3

by IndiaSuccessStories
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Coratia Technologies Shark Tank India Season 3 Got 80 Lakhs Funding in Exchange of 1% Equity by Ritesh Agarwal.

Coratia Technologies Shark Tank India Season 3

Pitch no with company details

Coratia Technologies

Underwater robots is the area of expertise for innovative business Coratia Technologies Pvt. Ltd. By lowering the expenses associated with underwater inspection and monitoring, we offer a comprehensive solution in the fields of autonomous underwater vehicles and remotely operated vehicles.

Founder of Coratia Technologies

Coratia Technologies is an Odisha-based manufacturing startup that was established in 2021 by Debendra Pradhan and Biswajit Swain.

Coratia Technologies Funding Round

Company Name

Coratia Technologies

Shark Tank India Season

3

Episode No

43

Season No

3

Brand

Coratia Technologies

Idea

Unmanned Underwater Robots

Original Ask

80 Lakhs for 1% Equity

Deal

80 Lakhs for 1% Equity

Invested By:

Ritesh Agarwal

At its core, Coratia Technologies' idea represented a convergence of advanced robotics, artificial intelligence, and marine science. Their unmanned underwater robots, equipped with state-of-the-art sensors, cameras, and data collection capabilities, promised to offer unprecedented access to the ocean's depths while minimizing human intervention and risk. By enabling remote operation and autonomous navigation, Coratia Technologies sought to democratize underwater exploration and empower researchers, businesses, and organizations to gain valuable insights into the underwater world.

The Pitch:

Coratia Technologies introduced their pioneering concept of unmanned underwater robots designed to revolutionize the way we explore and understand the depths of the ocean. Their pitch emphasized the immense potential of underwater robotics in various industries, including marine research, environmental conservation, offshore energy, and underwater infrastructure inspection. By harnessing cutting-edge technology and engineering expertise, Coratia Technologies aimed to address the challenges associated with traditional underwater exploration methods and unlock new opportunities for discovery and innovation.

The Deal:

Investor Ritesh Agarwal recognized the transformative potential of Coratia Technologies' innovation and decided to invest 80 Lakhs for 1% equity, valuing the company's vision and technological prowess. The investment deal reflected Ritesh Agarwal's confidence in Coratia Technologies' ability to disrupt the underwater robotics market, drive technological advancements, and capitalize on the growing demand for innovative solutions in marine-related industries.

Investors Behind Coratia Technologies

Ritesh Agarwal: With Ritesh Agarwal's investment, Coratia Technologies is poised to accelerate the development and commercialization of their unmanned underwater robots, paving the way for groundbreaking discoveries and applications in marine science and industry. By leveraging their funds to enhance research and development, expand their product portfolio, and forge strategic partnerships, Coratia Technologies can solidify their position as a leader in underwater robotics and unlock new frontiers of exploration and innovation.

Conclusion:

Coratia Technologies' successful pitch on Shark Tank India Season 3, Episode 43 highlights the transformative potential of technology in unlocking the mysteries of the ocean and advancing scientific knowledge and discovery. With Ritesh Agarwal's support, Coratia Technologies is well-positioned to push the boundaries of underwater exploration, contribute to environmental conservation efforts, and drive economic growth through innovation in marine-related industries. As the demand for sustainable solutions and insights into the underwater world continues to grow, Coratia Technologies stands ready to make a lasting impact on the future of ocean exploration.

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