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EyeROV

Category: Robotics / Embodied AI

A deep-tech marine robotics company providing AI-powered Remotely Operated Vehicles (ROVs) and underwater inspection solutions for critical infrastructure and defense. EyeROV was founded in 2016. The company is led by Johns T Mathai. Based in Kochi, India. Team size: 51-200. Total funding raised: $4.93M. Latest round: Pre-Series A (Aug 2024). Key investors include AWE Funds, Unicorn India Ventures, GAIL, K Chittilappilly Foundation, Kerala Startup Mission (KSUM).

Founded
2016
Headquarters
Kochi, India
Team size
51-200
Total funding
$4.93M

Value proposition

Replaces hazardous manual diving inspections with high-precision robotic systems, offering safer, faster, and more cost-effective underwater data acquisition and AI-driven structural analysis.

Products and solutions

EyeROV TUNA: India's first commercial micro-ROV for visual inspection in confined spaces., EyeROV TROUT: A 300-metre depth-rated, military-grade rugged ROV for deep-sea missions with autonomous navigation and advanced imaging., EyeROV SAGARA: Engineered for deep-sea missions, used in polar research including Antarctica., iBOAT ALPHA: An autonomous Unmanned Surface Vehicle (USV) for hydrographic surveys, water sampling, and surface operations., EyeROV Visualization Analytics Platform (EVAP): Cloud-based AI platform for digital reporting, data intelligence, and automated defect detection (formerly EV-X)., Custom Payloads: Integration of Sonars, Non-Destructive Testing (NDT) tools, and specialized sensors.

Unique value

Pioneered India's first indigenous commercial underwater drone; specializes in 'turbid water' visibility enhancement where traditional cameras fail.

Target customer

Defense organizations (Navy, Coast Guard), Energy companies (Oil & Gas, Hydroelectric), Infrastructure authorities (Dams, Bridges), and Maritime/Shipping firms.

Industries served

Defense & Maritime Security, Oil & Gas (Offshore & Pipelines), Dams & Hydroelectric Power, Shipping & Port Infrastructure, Bridges & Underwater Construction

Technology advantage

Proprietary AI algorithms for real-time image dehazing and automated structural health monitoring, combined with a modular hardware architecture that allows for rapid customization for defense and industrial use cases.

How they differentiate

Proprietary AI algorithms for real-time 'turbid water' visibility enhancement and the EV-X cloud platform for automated underwater structural defect detection.

Main competitors

Planys Technologies, Deep Trekker, Blueye Robotics, VideoRay

Key partnerships

Indian Navy (via iDEX - Innovations for Defence Excellence), GAIL (Gas Authority of India Limited), BPCL (Bharat Petroleum Corporation Limited), DRDO, Indian Coast Guard, Maker Village (Electronics incubator), Kerala Startup Mission (KSUM)

Notable customers

Indian Navy, GAIL, BPCL, Tata Power, Adani Ports, ONGC, Maersk, NHPC, DRDO, Indian Coast Guard, NCPOR, CSIR-SERC

Major milestones

Winner of the National Startup Award 2022 in the Industry 4.0 category., Developed India's first commercial underwater drone (EyeROV TUNA)., Secured a ₹47 Crore contract from the Indian Navy via the iDEX framework (Sep 2025) for TROUT UWROVs., Completed 150+ underwater projects for 80+ clients across dams, bridges, oil pipelines, and defence., Named Startup of the Year 2026 at the Dhanam Business Summit & Award Nite (June 2026)., Deployed EyeROV SAGARA in Antarctica for polar underwater ecosystem monitoring.

Growth metrics

Reported FY25 revenue of ₹8.8 Cr; secured a landmark ₹47 Cr procurement contract from the Indian Navy (Sep 2025); raised ₹13 Cr ($1.43M) in Pre-Series A (Feb 2026); planning $10M Series A.

Market positioning

Leading Indian indigenous marine robotics provider specializing in Robotics-as-a-Service (RaaS) for critical infrastructure, defense, and marine research, with expanding global footprint across 5 countries.

Geographic focus

India, Middle East, and Southeast Asia.

Patents and IP

Proprietary technology in ROV design, control systems, and AI-based underwater image processing (specific patent registration numbers are typically held as trade secrets or pending in public records).

About Johns T Mathai

Senior Software Engineer at GreyOrange (Robotics) and Software Engineer at Samsung Electronics R&D.

Latest news about EyeROV

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