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The startup offers personalised water purifiers
Bengaluru-based startup DrinkPrime has raised Rs 8 crores recently as part of their debt fundraising. The company raised Rs 5 crores from the impact-focused lender, UC Inclusive Credit, and Rs 3 crores from the non-banking financial company, Western Capital.
“We want to be the most convenient option when it comes to accessing safe drinking water. We, at DrinkPrime, are proud to serve more than 1 lakh users across Bengaluru, Hyderabad, and Delhi NCR. We are thankful to UC Inclusive Credit and Western Capital for their support to help us get closer to our dream of making safe drinking water accessible to everyone,” said Vijender Reddy Muthyala, Co-founder, and CEO, DrinkPrime.
Speaking about the investment in DrinkPrime, Anil Kejriwal, Founder, and CEO, Western Capital said, “We found that DrinkPrime identified the need to provide a solution to one of the critical demands – access to safe and affordable drinking water in urban areas. DrinkPrime’s vision of a healthy India is what motivated us to support them.”
DrinkPrime wanted to change the traditional one-size-fits-all water purification process and the water purifier ownership landscape. They offer personalised water purifiers designed to perfectly purify drinking water depending on the water quality in an area.