About Boon
Boon is an Environment company based in Gurugram (India) founded in 2015 by Advait Kumar, Satyendra Kumar, and Vibha Tripathi. Boon is engaged in water purification and AI-driven water technology solutions. It operates on a AI-as-a-Service, Pay-per-Use / Usage-Based, and Product-as-a-Service model. Boon has raised $9.61 million across 9 funding rounds from investors including SIDBI, Rajasthan Venture Capital Fund and Agra Chains. The company has 1 employees. Boon was last valued at $23.19 million in July 2024. Its Indian entity Swajal Water Private Limited reported revenue of ₹30.73 Cr. Boon offers products and services including WaterAI™, Purify, Refill, and WaterStick™. Its focus areas include Technology, Water Technology and Water Purification Solutions. Its competitors include DrinkPrime, Livpure Smart and Peore; 1 of its 3 listed competitors has raised funding.
Company details
Boon is focused on providing innovative water purification systems and AI-driven water management solutions. The company operates in the water technology sector, offering products like WaterAI for remote monitoring, Purify systems with UltraOsmosis technology, and Refill solutions for in-house water packaging. Sustainability is emphasized through glass bottle refilling systems to reduce plastic usage. Boon serves a diverse clientele, including leading hotels, global corporates, and luxury resorts, with scalable solutions tailored to various establishment sizes. Impact is created from individual hydration to global environmental benefits, addressing water purity and eco-friendliness.
- Headquarters Gurugram, India
- Employees 1
- Founders Advait Kumar, Satyendra Kumar, Vibha Tripathi
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website helloboon.com
- Social LinkedIn X Facebook
- Legal Name Swajal Water Pvt Ltd
- Date of Incorporation 24 Dec, 2014
- Jurisdiction Haryana, India
- Annual Revenue₹30.73 Cr
FY 2025 · +21% YoY
- Net Profit₹1.54 Cr
FY 2025 · 5% margin
- EBITDA₹3.22 Cr
FY 2025 · 10% margin
- Total Equity Funding$9.61M (USD)
in 9 rounds
- Latest Funding Round$5M (USD), Series A
Jul 2024
- InvestorsSIDBI
& 19 more
- Employee Count1
Associated legal entities of Boon
Boon is associated with 2 registered companies on The Company Check; the primary company is Swajal Water Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Swajal Water Private Limited CIN U41000HR2014PTC054096 | Active | 24 Dec 2014 | ₹30.7 Cr | 1 | 5 | View details | |
| Swajal Projects Private Limited CIN U74999HR2017PTC068846 | Active | 01 May 2017 | Gurgaon, Haryana | 2 | View details |
Products & Services of Boon
Boon offers a comprehensive portfolio of products and services, including WaterAI™, Purify, Refill, and WaterStick™.
AI dashboard for monitoring water purification systems remotely.
Filtration systems enhanced with proprietary UltraOsmosis™ technology.
Systems for in-house water purification and packaging solutions.
Device to convert purifiers into smart purification systems.
Funding Insights of Boon
Boon has successfully raised a total of $9.61M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.61M
- Total Rounds 9
- Last Round Series A — $5M
- First Round $327,073
(Jul 2015)
- Investors Count 20
All 9 funding rounds of Boon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | Debt – Conventional | – | – | ||
| Jul 2024 | $5M | Series A | $23.19M | Roca Group Ventures | – |
| Feb 2021 | $1.6M | Seed | – | Rajasthan Venture Capital Fund, Agra Chains | – |
| May 2020 | $1.06M | Seed | $6.33M | Rajasthan Venture Capital Fund | – |
| Nov 2019 | $26,657 | Angel Round | $••••• | – | |
| Nov 2018 | $82,451 | Angel Round | $••••• | Manoj Kumar | |
| Aug 2017 | $313,428 | Seed | $••••• | Vinay Ahuja, Noopur Ahuja | |
| Aug 2015 | $1.2M | Seed | – | Abhishek Gupta | |
| Jul 2015 | $327,073 | Seed | $••••• | Agra Chains | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $23.19M | •••••••• |
| May 2020 | $6.33M | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Nov 2018 | $••••• | •••••••• |
| Aug 2017 | $••••• | •••••••• |
| Jul 2015 | $••••• | •••••••• |
Full valuation and stage history of Boon
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $23.19M (Jul 2024). 20 investors in total: 7 institutional and 13 angel.
Investors in Boon
Boon has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SIDBI, Rajasthan Venture Capital Fund and Agra Chains.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in multiple sectors | 2002 | rvcf.org | Jaipur, India | |
Consumer internet startups are accelerated and funded by TLabs. | tlabs.in | Delhi, India | ||
Innovative startups are supported by Roca Group Ventures through investments. | 2022 | rocagroupventures.com | Barcelona, Spain | |
Supplier of silver jewelry, findings and chains | acplexports.com | Agra, India | ||
Financial support is extended to micro, small, and medium enterprises. | 1990 | sidbi.in | Lucknow, India | |
Legal services are provided to clients in Kolkata, India. | unicorninfinite.tcc.mode | Kolkata, India | ||
Provides solar consulting, engineering, EPC, O&M, and training services for renewable energy projects. | 2008 | sauryaenertech.com | Gurugram, India | |
SV Shankar Vishwanathan | unknown_0edbffb7b0f64f818 | |||
VA Vinay Ahuja | Angel investor and entrepreneur, focused on tech startups in India. | unknown_5d18ff5efa394a4ea | ||
NA Noopur Ahuja | unknown_3d8fa67a19804409b |
Investor details for Boon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Swajal Water Private Limited (Boon)
Swajal Water Private Limited is the primary company behind Boon. The boards of the 2 registered companies of Boon currently have 5 directors; the longest-serving is Satyendra Kumar, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satyendra Kumar DIN 02694134 | Director | 24 Dec 2014 | 11 yrs 9 mo | Swajal Water Private Limited, Swajal Projects Private Limited |
| Vibha Tripathi DIN 02694180 | Director | 24 Dec 2014 | 11 yrs 9 mo | Swajal Water Private Limited, Swajal Projects Private Limited |
| Sanjay Singhal DIN 03604357 | Director | 07 Aug 2020 | 6 yrs 2 mo | Swajal Water Private Limited |
| Nirmal Kumar Karuppaswamy DIN 06618680 | Director | 24 Jul 2024 | 2 yrs 2 mo | Swajal Water Private Limited |
| Gaurav Chowdhry DIN 02695010 | Nominee Director | 25 Apr 2025 | 1 yr 5 mo | Swajal Water Private Limited |
People of Boon
16 people are tracked at Boon (7 in leadership, 9 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Advait Kumar | Co-Founder | Leadership |
| Co-Founder & Director | Leadership | |
| Co-Founder | Leadership | |
Dipankar Podder | Vice President Operations | Leadership |
Hari Sharma | Director | Leadership |
Dr Satyendra Kumar | Director | Leadership |
Harshit Garg | Founder’s Office Associate | Leadership |
Jaspreet Singh | Project Manager | Team |
Ankush Jaiswal | Assistant Manager - Operations | Team |
YASHIKA CHAUHAN | Business Development Executive | Team |
Amol Pise | Cluster Operation Manager | Team |
Aditya Singh | Business Development Manager | Team |
志能 陈 | Corporate Executive Chef | Team |
Naresh Kumar | Operations Manager | Team |
Saket Das | Iot Engineer | Team |
Natasha Sharma | Assistant Manager- HR & Admin | Team |
Complete people profiles for Boon
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Financials of Boon
Figures of Swajal Water Private Limited, the primary company behind Boon, for FY 2025. Revenue was ₹30.73 Cr (+21% year on year). Net profit was ₹1.54 Cr (5% margin). EBITDA was ₹3.22 Cr (10% margin). Revenue has grown at a compounded annual rate of +79% over three years and +39% over five years.
- ₹30.73 CrRevenue · FY 2025 · +21% YoY
- ₹1.54 CrNet profit · 5% margin
- ₹3.22 CrEBITDA · 10% margin
- ₹18.2 LakhPaid-up capital
- 1Employees (provident fund records)
- +79%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Swajal Water Private Limited are on its company page.
Detailed financial statements for Boon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Boon
4 dated milestones of Boon across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Boon is founded.
- Funding First funding round of $327K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $5.0M.
Competitors of Boon
Boon has 3 listed competitors in our database, 1 of them funded. They include DrinkPrime, Livpure Smart and Peore.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drinkprime.in | 2016 | Bengaluru, India | $17.11M | 276 | Provider of smart water purifier rental and maintenance services | |
| livpuresmart.com | 2018 | Delhi, India | 1,147 | Provider of water purification systems and subscription-based maintenance services | ||
| peore.in | 2021 | Gurugram, India | Internet first brand of nano technology based water purifiers |
Detailed competitors of Boon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Boon
The website of Boon (helloboon.com) receives about 9.6K visits a month.
- Monthly visits9.6K
▲ 77% vs previous month
Websites whose visitors overlap most with Boon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
aquaro.in | aquaro.in | 100% | #3,715,242 | – |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Boon (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about Boon
Boon was founded in 2015.
Boon is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Boon is a funded company, having raised a total of $9.61M across 9 funding rounds to date. The company's 1st funding round was a Seed of $327.07K, raised on Jul 2015.
Boon has 1 employees.
The primary company behind Boon, Swajal Water Private Limited, reported revenue of ₹30.73 Cr for FY 2025, up 21% year on year.
Boon is focused on providing innovative water purification systems and AI-driven water management solutions. The company operates in the water technology sector, offering products like WaterAI for remote monitoring, Purify systems with UltraOsmosis technology, and Refill solutions for in-house water packaging. Sustainability is emphasized through glass bottle refilling systems to reduce plastic usage. Boon serves a diverse clientele, including leading hotels, global corporates, and luxury resorts, with scalable solutions tailored to various establishment sizes. Impact is created from individual hydration to global environmental benefits, addressing water purity and eco-friendliness.
Boon's top competitors include DrinkPrime, Livpure Smart and Peore.
Boon offers WaterAIâ„¢, Purify, Refill, and WaterStickâ„¢.
Boon has 20 investors. Key investors include SIDBI, Rajasthan Venture Capital Fund, Agra Chains, Saurya Enertech, and Shankar Vishwanathan.
The valuation of Boon is $23.19M as of Jul 2024.
Boon is associated with 2 legal entities: Swajal Water Private Limited, Swajal Projects Private Limited.
The legal entities of Boon currently have 5 directors, including Satyendra Kumar, Vibha Tripathi, Sanjay Singhal and others.