In June 2021, DrinkPrime, a Bengaluru-based business on a mission to make clean drinking water accessible and affordable to everyone, raised Rs 8 crore in debt financing.
The company received Rs 5 crore from UC Inclusive Credit, an impact-focused lender, and Rs 3 crore from Western Capital, a non-banking financial company.
“We want to be the most convenient option when it comes to accessing safe drinking water. We, at DrinkPrime, are proud to serve more than 1 lakh users across Bengaluru, Hyderabad, and Delhi NCR. We are thankful to UC Inclusive Credit and Western Capital for their support to help us get closer to our dream of making safe drinking water accessible to everyone,” said Vijender Reddy Muthyala, Co-founder and CEO, DrinkPrime.