Water purifier startup DrinkPrime raised INR 60 crore in Series A led by marquee investors

Share via:

Water purifier startup DrinkPrime raised INR 60 crore in a mix of debt and equity as part of its Series A led by marquee investors such as Omidyar Network India, Sequoia Surge and 9Unicorns where other investors such as Aureolis Ventures, Kwaish Ventures, ZNL Growth Fund Northern Arc Capital, and Unitus Capital also participated.

DrinkPrime describes itself as a “drinking water company” that provides Internet of Things (IoT)-powered customised water purifiers to users on a subscription basis. The funding will be used to strengthen the startup’s product line and accelerate infrastructure development. It will also use the additional funds to ‘invest in people’ and expand its operations. The startup uses IoT to enable a seven-stage filtration process that provides clean drinking water to its customers.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
admin
Hi! This is Admin.

Popular

More Like this

Water purifier startup DrinkPrime raised INR 60 crore in Series A led by marquee investors

Water purifier startup DrinkPrime raised INR 60 crore in a mix of debt and equity as part of its Series A led by marquee investors such as Omidyar Network India, Sequoia Surge and 9Unicorns where other investors such as Aureolis Ventures, Kwaish Ventures, ZNL Growth Fund Northern Arc Capital, and Unitus Capital also participated.

DrinkPrime describes itself as a “drinking water company” that provides Internet of Things (IoT)-powered customised water purifiers to users on a subscription basis. The funding will be used to strengthen the startup’s product line and accelerate infrastructure development. It will also use the additional funds to ‘invest in people’ and expand its operations. The startup uses IoT to enable a seven-stage filtration process that provides clean drinking water to its customers.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
admin
Hi! This is Admin.

More like this

Indian edtech unicorn Vedantu cuts loss by 58%

The loss cut was supported by a 21%...

Apple’s AirPort router likely won’t be coming back, but...

According to Mark Gurman’s Power On newsletter, Apple...

Epigamia Cofounder Rohan Mirchandani Passes Away

SUMMARY Rohan Mirchandani, who was 41 years old, passed...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!