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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: $3.5M. 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
$3.5M

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 IBIS: An observation-class ROV designed for deeper and more complex underwater environments.","EyeROV EV-X: A cloud-based AI data analytics platform for automated defect detection and reporting.","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)","Maker Village (Electronics incubator)","Kerala Startup Mission (KSUM)"]

Notable customers

["Indian Navy","GAIL","BPCL","Tata Power","Adani Ports","National Highways Authority of India (NHAI)"]

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 (Innovations for Defence Excellence) framework.","Completed 100+ underwater inspections across dams, bridges, and oil pipelines."]

Growth metrics

Reported FY25 revenue of ₹8.8 Cr; secured a landmark ₹47 Cr procurement contract from the Indian Navy.

Market positioning

Leading Indian indigenous marine robotics provider specializing in 'Inspection-as-a-Service' for critical infrastructure and defense.

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.

Official website: