DrinkPrime

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Provider of smart water purifier rental and maintenance services

About DrinkPrime

DrinkPrime is an Environment company based in Bengaluru (India) founded in 2016 by Vijender Reddy Muthyala and Manas Ranjan Hota. Provider of smart water purifier rental and maintenance services. It operates in the Environment, Retail, and Consumer sectors. DrinkPrime has raised $19.29 million across 12 funding rounds from investors including Angel List, Northern Arc Capital and UC Inclusive Credit. DrinkPrime was last valued at $29.37 million in August 2023. Its chief executive, as recorded, is Vijender Reddy Muthyala. Its website drinkprime.in draws about 155 thousand monthly visits. Its Indian entity Waterwala Labs Private Limited reported revenue of β‚Ή72.53 Cr. Its focus areas include High Tech, Smart Homes, Kitchen Appliances and Water Purifiers. Its competitors include Livpure Smart, Bepure and OCEO; 1 of its 3 listed competitors has raised funding.

Company details

DrinkPrime was founded in 2016 in Bengaluru, India, as a provider of rental services for IoT-enabled ROUV water purifiers. Various filtration options and usage plans are offered to customers, along with lifetime maintenance that covers installation within 48 hours. An app is provided for tracking water consumption, quality, and filter status. Operations focus on eliminating upfront and ongoing costs in the water purification sector.

  • Headquarters Bengaluru, India
  • Founders Vijender Reddy Muthyala, Manas Ranjan Hota
  • Stage Minicorn
  • Sectors
    Environment
    Retail Consumer Technology
  • Email
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  • Phone
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  • Website drinkprime.in
  • Social LinkedIn X Facebook
  • Legal Name Waterwala Labs Private Limited
  • Date of Incorporation 01 Mar, 2016
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹72.53 Cr

    FY 2025 · +55% YoY

  • Net Loss
    -₹11.53 Cr

    FY 2025 · -16% margin

  • EBITDA
    -₹2.97 Cr

    FY 2025 · -4% margin

  • Total Equity Funding
    $19.29M (USD)

    in 12 rounds

  • Latest Funding Round
    $2.17M (USD), Series B

    Mar 2026

  • Investors
    Angel List

    & 76 more

Funding Insights of DrinkPrime

DrinkPrime has successfully raised a total of $19.29M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $2.17 million completed in March 2026. 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 $19.29M
  • Total Rounds 12
  • Last Round Series B β€” $2.17M
  • First Round $17,175

    (Sep 2017)

  • Investors Count 77

Latest 10 of 12 funding rounds of DrinkPrime with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$2.17MSeries B––
May 2024$3MSeries B–9Unicorns
Aug 2023$1.28MSeries A$29.37M–
Jul 2022Debt – Conventional––
Jan 2022Series A––
Oct 2021$7.5MSeries A$28.36MOmidyar Network India, 100Unicorns
Jun 2021$1.09MDebt – Conventional––
Oct 2020$81,411Series A$β€’β€’β€’β€’β€’Alteria Capital
–
Apr 2020$4.57MSeries A$β€’β€’β€’β€’β€’Surge
Feb 2020$505,354Seed$β€’β€’β€’β€’β€’Bharat Jaisinghani
Valuation history
DateValuationStage
Aug 2023$29.37Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2021$28.36Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $29.37M (Aug 2023). 77 investors in total: 34 institutional and 43 angel.

Investors in DrinkPrime

DrinkPrime has secured backing from 77 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Northern Arc Capital and UC Inclusive Credit.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital management for SMEs and startups in India.
1999sidbiventure.co.inMumbai, India
Startup accelerator
2016znationlab.comCupertino, United States
Early-stage investments are targeted by the venture capital firm.
potential.venturesLondon, United Kingdom
Angel investing and mentorship for early-stage startups in India.
2022realtimeaf.comJaipur, India
Venture debt is provided to growth-stage companies for business scaling.
strideventures.globalDelhi, India
2023eternalcapital.vcDelhi, India
Investments are made in digital society, education, and employability sectors.
omidyarnetwork.inMumbai, India
Venture capital firm investing in deep tech, climate, health, and consumer sectors with global expertise.
2021aureolis.co.inMumbai, India
Acceleration is provided to startups across multiple sectors by Surge.
surgeahead.com
Venture capital firm focused on early-stage investments
kwaishventures.tcc.modeSeattle, United States
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Investor details for DrinkPrime

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Board of directors of Waterwala Labs Private Limited (DrinkPrime)

Waterwala Labs Private Limited is the primary company behind DrinkPrime. The boards of the 2 registered companies of DrinkPrime currently have 5 directors; the longest-serving is Manas Ranjan Hota, appointed in 2018. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manas Ranjan Hota
DIN 07089965
Designated Partner25 Jul 20188 yrs 3 moViksara Retail Llp, Waterwala Labs Private Limited
Vijender Reddy Muthyala
DIN 07089968
Designated Partner25 Jul 20188 yrs 3 moViksara Retail Llp, Waterwala Labs Private Limited
Sanjay Satyanarayan Sunku
DIN 07510991
Director05 Aug 20242 yrs 2 moWaterwala Labs Private Limited
Abhirup Ajoy Sarkar
DIN 06609184
Nominee Director17 Mar 20251 yr 7 moWaterwala Labs Private Limited
Pradnya Baburao Sonawane
DIN 11233188
Nominee Director12 Dec 202510 moWaterwala Labs Private Limited

People of DrinkPrime

22 people are tracked at DrinkPrime (13 in leadership, 9 in team).

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Shivraj Bharamannavar
City HeadLeadership
Co-Founder & Chief Executive OfficerLeadership
Kazima Ali
Director Of People OperationsLeadership
Ashwin Dhumal
Vice President - Growth & CXLeadership
Chief Operating OfficerLeadership
Lakshmi Kn
Head Of Operations -productionLeadership
Vinay Kumar
City Head - NCR OperationLeadership
Shubha Shree Krishnan
DirectorLeadership
Vijay Kaniyar
DirectorLeadership
Kumar Savino
Associate Director - Digital MarketingLeadership
Dr. S K Sankar
VP - Products AND R&dLeadership
Aishwarya Kindo
Growth Marketing ManagerTeam
Bharathraj L
Senior Engineer-productionTeam
Vikram Sharma
Sales SpecialistTeam
Sanoop Shivadas
Operation Executive LogisticsTeam
Shruti Shirgaokar
Senior Manager - People OperationsTeam
Doniya Anna George
Senior Account ExecutiveTeam
Roshni Kumari
Inside Sales SpecialistTeam

2 more people are available in the full profile.

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Financials of DrinkPrime

Figures of Waterwala Labs Private Limited, the primary company behind DrinkPrime, for FY 2025. Revenue was ₹72.53 Cr (+55% year on year). Net loss was -₹11.53 Cr (-16% margin). EBITDA was -₹2.97 Cr (-4% margin). Revenue has grown at a compounded annual rate of +76% over three years and +103% over five years.

  • ₹72.53 CrRevenue · FY 2025 · +55% YoY
  • -₹11.53 CrNet loss · -16% margin
  • -₹2.97 CrEBITDA · -4% margin
  • ₹23.2 LakhPaid-up capital
  • 287Employees (provident fund records)
  • +76%Revenue CAGR, 3 years
  • +103%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Waterwala Labs Private Limited are on its company page.

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Timeline of DrinkPrime

4 dated milestones of DrinkPrime across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded DrinkPrime is founded.
  2. Funding First funding round of $17K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $2.2M.

Competitors of DrinkPrime

DrinkPrime has 3 listed competitors in our database, 1 of them funded. They include Livpure Smart, Bepure and OCEO.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
livpuresmart.com2018Delhi, India1,147
Provider of water purification systems and subscription-based maintenance services
bepure.store2016Mumbai, India$160,000
Water purifiers and filters are sold via an online platform.
oceowater.online2016Bengaluru, India
Smart water purifiers with real-time monitoring are provided by OCEO.
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Detailed competitors of DrinkPrime

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Web traffic of DrinkPrime

The website of DrinkPrime (drinkprime.in) receives about 155.2K visits a month.

  • Monthly visits
    155.2K

    ▼ 15.7% vs previous month

Similar websites

Websites whose visitors overlap most with DrinkPrime. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
livpuresmart.com
100%
405.3K#115,457View details
aosmithindia.com
81%
171.5K#234,366View details
zerobonline.com
80%
57.4K#620,357View details
ramawaterfilter.com
61%
#512,240View details
livpure.com
59%
151.8K#299,082View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Waste & Water Management Systems

2 companies that operate in the same segment as DrinkPrime (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Drinkprime

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Articles about DrinkPrime on our blog

Frequently Asked Questions about DrinkPrime

DrinkPrime was founded in 2016 and raised its 1st funding round 1 year after it was founded.

DrinkPrime is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vijender Reddy Muthyala is the CEO of DrinkPrime, as recorded in our data. They have also founded this company.

DrinkPrime is a funded company, having raised a total of $19.29M across 12 funding rounds to date. The company's 1st funding round was a Seed of $505.35K, raised on Sep 2017.

The primary company behind DrinkPrime, Waterwala Labs Private Limited, reported revenue of β‚Ή72.53 Cr for FY 2025, up 55% year on year.

DrinkPrime was founded in 2016 in Bengaluru, India, as a provider of rental services for IoT-enabled ROUV water purifiers. Various filtration options and usage plans are offered to customers, along with lifetime maintenance that covers installation within 48 hours. An app is provided for tracking water consumption, quality, and filter status. Operations focus on eliminating upfront and ongoing costs in the water purification sector.

DrinkPrime's top competitors include Livpure Smart, OCEO and Bepure.

DrinkPrime has 77 investors. Key investors include Angel List, Northern Arc Capital, UC Inclusive Credit, Wellfound, and LetsVenture.

The valuation of DrinkPrime is $29.37M as of Aug 2023.

DrinkPrime is associated with 2 legal entities: Waterwala Labs Private Limited, Viksara Retail Llp.

The legal entities of DrinkPrime currently have 5 directors, including Manas Ranjan Hota, Vijender Reddy Muthyala, Pradnya Baburao Sonawane and others.

The website of DrinkPrime receives about 155 thousand visits a month.

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