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: https://eyerov.com/