Indian deeptech startup Planys Technologies, specializing in underwater infrastructure testing and inspection, secured Rs 43 crore ($5.7 million) in equity funding led by Ashish Kacholia.

Indian deeptech startup Planys Technologies, specializing in underwater infrastructure testing and inspection, secured Rs 43 crore ($5.7 million) in equity funding led by investor Ashish Kacholia. The company, founded by IIT Madras alumni and faculty, aims to expand its operational capacity and enhance its inventory of underwater inspection solutions, with a focus on marine robotics, underwater testing, and digital analytics. Planys' technology helps in precisely pinpointing defects in high-value assets like dams, bridges, and refineries, ensuring timely maintenance and extending their asset life.

April 08, 2024
6 Articles

Further Reading