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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: