About DrinkPrime
DrinkPrime is a company based in Bengaluru (India) founded in 2016 by Vijender Reddy Muthyala and Manas Ranjan Hota. DrinkPrime has raised $19.29 million across 12 funding rounds from investors including Angel List, Northern Arc Capital and UC Inclusive Credit. DrinkPrime operates in a competitive market with competitors including Livpure Smart, Bepure, OCEO, Peore and Filtrex Technologies, among others.
- Headquarter Bengaluru, India
- Founders Vijender Reddy Muthyala, Manas Ranjan Hota
- Stage Minicorn
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Sectors
EnvironmentRetail Consumer Technology
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Email
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Phone
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Website
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Social
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- Legal Name Waterwala Labs Private Limited
- Date of Incorporation 01 Mar, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$3.62 M (USD)125.5as on Mar 31, 2023
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Net Profit
-$3.29 M (USD)-27.89as on Mar 31, 2023
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EBITDA
-$2.46 M (USD)-14.94as on Mar 31, 2023
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Total Equity Funding
$19.29 M (USD)
in 12 rounds
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Latest Funding Round
$2.17 M (USD), Series B
Mar 11, 2026
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Investors
Angel List
& 76 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 12
- Last Round Series B — $2.2M
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First Round
First Round
(01 Sep 2017)
- Investors Count 77
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2026 | Amount | Series B - DrinkPrime | Valuation |
investors |
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| May, 2024 | Amount | Series B - DrinkPrime | Valuation | 9Unicorns | |
| Aug, 2023 | Amount | Series A - DrinkPrime | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital management for SMEs and startups in India.
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Founded Year | Domain | Location | |
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Startup accelerator
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by the venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by DrinkPrime
Financial Statements - DrinkPrime
Drinkprime Comparisons
Competitors of DrinkPrime
DrinkPrime operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Livpure Smart, Bepure, OCEO, Peore and Filtrex Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of water purification systems and subscription-based maintenance services
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| domain | founded_year | HQ Location |
Water purifiers and filters are sold via an online platform.
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| domain | founded_year | HQ Location |
Smart water purifiers with real-time monitoring are provided by OCEO.
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| domain | founded_year | HQ Location |
Internet first brand of nano technology based water purifiers
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| domain | founded_year | HQ Location |
Manufactures advanced water filters with activated carbon for purification and treatment.
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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 current CEO of DrinkPrime. 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 Series A of $1.28M, raised on Sep 01, 2017.
Annual revenue of DrinkPrime is $3.62M as on Mar 31, 2023.
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, Peore and OCEO.
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.