Subscription-based water purifier startup DrinkPrime on Tuesday raised ₹21 crores ($3 million) in a Pre-Series A round led by Sequoia Capital India’s Surge with participation from Omidyar Network India. The money will help the Bengaluru-based startup strengthen its team and invest in its growth plans to reach 1 million households in the next 3 years.
“We are currently operating in Bangalore and looking to expand to multiple geographies this year. Now with a much more robust product, our customers’ love for DrinkPrime is pushing us to grow rapidly. We aim to reach a million households in the next couple of years and be true to our vision,” said Vijender Reddy Muthyala, CEO and co-founder of DrinkPrime.
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