Water management startup DigitalPaani has secured funding of $1.2 million from Elemental Excelerator, Enzia, Peer Cheque, SAE, DevC, and Bharat Founders Fund, according to ETtech report.
Angels investors including Urban Ladder founder Ashish Goel and Delhivery cofounder Mohit Tandon also participated in the seed funding round.
Started by father-daughter duo Mansi Jain and Rajesh Jain, DigitalPaani’s Internet of Things (IoT)-enabled platform optimises plant operations to treat wastewater, reduce downtime and enable water reuse. Its platform has shown up to a 30% increase in treatment capacity and a 66% cost savings at its commercial sites, the company said.
DigitalPaani will use the funds to scale its technology to more wastewater treatment plants across India as well as explore future markets and unlock additional sales channels.
“This fundraise is pivotal in enabling us to solve water scarcity and pollution issues at scale. We’re excited to build our offering and help facilities across the country unlock the power of DigitalPaani,” said Mansi, CEO and cofounder, DigitalPaani.
The startup’s platform monitors infrastructure performance, identifies issues and provides remedial guidance. It functions analogously to a medical doctor for water systems, assessing conditions and prescribing dosages, equipment settings, process adjustments, and operator instructions for remediation.
“At Elemental Excelerator, our mission is to scale technologies with deep climate and community impact. That’s why we’ve chosen to invest in DigitalPaani. Spearheaded by a diverse duo of ecopreneurs dedicated to advancing water solutions, their innovative technology promises to enact significant change in India’s water systems,” said Dawn Lippert, founder and CEO at the fund.
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