DrinkPrime, a Bengaluru-based startup specializing in subscription-based water purifiers, raised ₹21 crores ($3 million) in a Pre-Series A funding round led by Sequoia Capital India to expand its reach and enhance its product offerings.

Target Information

DrinkPrime is a subscription-based water purifier startup headquartered in Bengaluru, India. The company focuses on providing accessible and affordable clean drinking water solutions to households through its innovative subscription model. Founded by Vijender Reddy Muthyala, DrinkPrime aims to revolutionize the way consumers access purified water, making it both convenient and cost-effective.

Recently, DrinkPrime successfully raised ₹21 crores ($3 million) in a Pre-Series A funding round, which is intended to fuel its ambitious growth plans and strengthen its operational team. The startup plans to reach a target of 1 million households within the next three years, significantly expanding its footprint beyond its current operations in Bangalore.

Industry Overview

The Indian water purification industry is experiencing rapid growth due to increasing awareness of water quality issues and rising health concerns among consumers. With a p