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Cochin-based startup EyeRov aims to provide solutions for underwater critical infrastructure through their first product - an underwater drone.
Basic Information
A marine robotics company that designs and manufactures industrial grade underwater drones also known as Remotely Operated Vehicle (ROV). This Cochin-based startup can help asset owners inspect these structures efficiently with minimal risk and high quality data. EyeROV is an economical and smart solution for underwater inspections of structures. EyeROV TUNA is India’s first ROV and has completed over 500+ hours of operation doing underwater inspection of dams, bridges, ports, offshore structures, shiphulls, pipeline and other critical underwater structures. EyeROV also recently build an Analytics platform EVAP powered by AI/ML algorithms for industrial inspections, especially underwater.
Legal Name
:
IROV Technologies Private Limited
Headquarters
:
Kochi, Kerala, India
Business Model
:
B2B,  B2G  
Founding Date
:
2017
No. of Employees
:
11 to 20
Core Team
:
1.  
Johns T Mathai
Co-Founder & CEO
2.  
Kannappa Palaniappan P
Co-Founder & CTO
Tech30 Pitch
Timeline

2018

Product Launch

Aug | Product Launch

We handed over the first unit of EyeROV TUNA, Underwater Drone to NPOL, DRDO.

2019

Raised Funding

May | Raised Funding

Raised Seed Round of Funding from GAIL.

2020

Key Revenue Milestone

Mar | Key Revenue Milestone

Completed 25 Inspection Projects all across India.

Target Market
B2B
Oil & Gas Companies, Shipping Companies, Dam Owners, Bridges, Marine Research Organizations, Defense.
Client Segment
:
Aerospace & Defense,  Energy,  Government & Military,  Robotics  
Target Companies
:
Medium Enterprise,  Large Enterprise  
Target Geography
:
Funding

Total Funding

$325.0k

Investors
:
1.  
GAS AUTHORITY OF INDIA LTD.
Detail Round Breakdown
Round 1

$240k

Series Name
:
SEED