Coratia Technologies is a deep‑tech startup focused on underwater inspection. Born out of an NIT Rourkela student project in 2021, it developed cutting-edge remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) that inspect infrastructure like dams, bridges, ports and even support national defence surveillance. Today, their Jaladuta and Jalasimha drones, capable of reaching depths of 150m and 300m respectively, are supported by clients including the Indian Navy, Railway, Tata Steel etc. $2M Pre‑Series A round led by MGF Kavachh to scale R&D, build Bangalore & Bhubaneswar production wings, and advance AUV capabilities. Debendra Pradhan, Co‑founder & CEO, turned his NIT Rourkela project into a commercial robotics firm and secured India’s first underwater robotics deal via Shark Tank. Biswajit Swain, Co‑founder & CTO, the technical architect behind Jaladuta and Jalasimha, piloting their sonar and autonomy systems.

Fabheads is a Chennai-based deep-tech venture founded in 2015, focused on automating composite manufacturing. Their proprietary Adaptive Tow Placement technology, including Asia’s first continuous-fiber 3D printer, enables automated fabrication of lightweight, high-strength carbon fiber parts. The startup serves aerospace, defense, mobility, drones, and clean-energy clients, including ISRO, Tata Group, and Motherson Group, and is building a new 100,000 sq ft manufacturing facility in Bengaluru to support rising demand. $10M Series A round led by Accel, with senior participation from Trifecta Capital, which contributed $2.3M in venture debt- bringing Fabheads’ total funding to $13M. The fresh capital will be used to expand manufacturing capacity, deepen R&D, and scale leadership and engineering teams in Bengaluru’s Aerospace Park. Dhinesh Kanagaraj, Co‑founder & CEO, an IIT‑Madras alumnus and former ISRO engineer who personally developed early 3D‑printer prototypes. Abhijeet Rathore, Co‑founder & CTO, an IIT‑Delhi alum who previously designed rocket components at ISRO.

Pico Xpress is a Bengaluru-based quick-commerce logistics startup building India’s next-gen delivery backbone. They power ultra-fast e-commerce fulfillment- from 5‑minute to 120‑minute delivery windows using smart routing, automation, and real-time tracking across micro-fulfillment centers in over eight cities. Enrission India Capital led Pico Xpress’s latest Pre-Series A funding, joined by existing investors Inuka Capital and Blume Ventures. Co‑Founders Aniruddha Gangopadhyay and Kamal Syal, who drive product innovation and supply chain automation respectively, have steered the startup from its rapid setup in 2023 to a live operation serving major quick commerce brands across India.