DigitalPaani, a startup focusing on water management, has raised $1.2 million in seed funding from investors such as Elemental Excelerator, Enzia, Peer Cheque, SAE, DevC, and Bharat Founders Fund. Notable angel investors, including Ashish Goel, founder of Urban Ladder, and Mohit Tandon, cofounder of Delhivery, also joined the funding round.
Founded by Mansi Jain and Rajesh Jain, a father-daughter duo, DigitalPaani utilizes an Internet of Things (IoT)-enabled platform to optimize plant operations for wastewater treatment, minimize downtime, and facilitate water reuse. The company claims its platform has demonstrated a remarkable 30% increase in treatment capacity and a substantial 66% cost savings at its commercial sites.
The funds acquired by DigitalPaani will be employed to expand its technology implementation to numerous wastewater treatment plants throughout India. The company also plans to explore potential markets and open new 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.
DigitalPaani’s platform acts as a monitoring system for infrastructure performance, identifying issues and offering remedial guidance. It operates similarly to a medical doctor for water systems, evaluating 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 of the fund.