TLDR:
– DrinkPrime raises $3 million in funding from SIDBI Venture Capital Ltd and other existing investors.
– The funds will be used to strengthen DrinkPrime’s market position and accelerate expansion plans.
DrinkPrime, a company that provides clean, safe, and healthy drinking water to families in seven Indian cities, has secured $3 million in funding from SIDBI Venture Capital Ltd and other existing investors. The company aims to expand its reach and continue its mission of providing clean drinking water to all. The funds will be used to strengthen DrinkPrime’s market position and accelerate its expansion plans. According to Manas Ranjan Hota, co-founder and COO of DrinkPrime, this strategic investment will empower the company to develop its innovative product portfolio and enhance its industry-leading Internet of Things (IoT) features. This funding will play a crucial role in supporting DrinkPrime’s continued growth and impact in the market.
