DigitalPaani Raises $2.51 Million in Funding
DigitalPaani, a Gurugram-based water technology startup, has successfully raised $2.51 million (Rs 22 crore) in a recent funding round. The round was led by Navam Capital, with additional participation from Enzia Ventures, Chakra Growth Capital, 3one4 Capital, Momentum Capital, Achieving Women Entrepreneurs Early Growth Fund, and Echo River Capital.
Founded by Mansi Jain and Rajesh Jain, DigitalPaani provides an AI- and IoT-powered platform that helps businesses and public utilities manage water and wastewater infrastructure efficiently. The platform gathers real-time data from water systems, allowing for the identification of operational inefficiencies and the management of processes such as equipment operations, predictive maintenance, and inventory tracking.
Leadership Insights
Mansi Jain, CEO and Co-Founder of DigitalPaani, commented on the funding round, saying, "This funding validates that intelligent infrastructure management is not a luxury, it’s essential." She emphasized the company's ongoing commitment to addressing water scarcity issues globally.
Strategic Use of Funds
The newly acquired funds will be directed towards expanding DigitalPaani’s presence in industrial and municipal markets. The company also plans to scale its operations to cater to institutional customers and explore opportunities in international markets.
Market Impact
DigitalPaani currently collaborates with over 95 facilities across India, collectively managing more than 150 million liters of water daily. The company’s innovative approach to water management positions it as a significant player in the efforts to optimize water use and sustainability.
For more information, visit DigitalPaani’s website.