Funding of $1.2 million has been raised for water management firm DigitalPaani from Elemental Excelerator, Enzia, Peer Cheque, SAE, DevC, and Bharat Founders Fund.
In the seed fundraising round, angel investors Ashish Goel, the founder of Urban Ladder, and Mohit Tandon, the cofounder of Delhivery, also took part, as reported by The Economic Times.
Read also - [Funding alert] Speciality Chemicals Firm Scimplifi Raises $3.6 Mn From 3one4 Capital, Beenext
“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.
Modern IoT and digital management technologies are being developed by DigitalPaani to rethink wastewater operations in order to save the environment and create sanitary, water-rich towns.
Read also - [Funding alert] Generative AI Startup Sarvam AI Secures $41 Mn in Series A Funding led by Lightspeed
“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.
With the money, DigitalPaani plans to expand its technology to other wastewater treatment facilities around India, investigate new markets, and open up new avenues for sales.
About DigitalPaani
With the use of specially designed sensors and more than 75 algorithms, its IOT-powered platform automates plants, initiates automated workflows for service teams, and provides maintenance recommendations. Niti Aayog has recognized DigitalPaani, which reduces operating expenses by 25–35% and turns non-functional facilities into high-quality, compliance units.