Disrupting water purification with technology
Inception– 2016
Location– Bengaluru
Domain– Water purification
Founders– Vijender Reddy Muthyala (Chief Executive Officer) and Manas Ranjan Hota (Chief Operating Officer)
Total team strength– 125+
Total funds raised – Rs 50 crore
Investor– Sequoia Surge, Omidyar Network, Alteria, UC Inclusive Credit, and Western Capital
Revenue generated since inception– Rs 20 crore
Key Highlights-
- India’s first IoT-enabled water purifier
- Providing personalised water purifiers on subscription
- Filed a patent for the purification technology
- To offer services to a million subscribers in India over the next five years
- To explore other products & services on subsricption basis
Founder Speaks-
“Given that the water quality has been deteriorating over the years, there will always be demand for a personalised water purifier. That too, for the one that is available on subscription. It is a growing problem that will always require a solution. So, I would say that there is a lot of potential for growth in our domain in India.”
– Vijender Reddy Muthyala, Founder and Chief Executive Officer, DrinkPrime, Bengaluru
