Results · Professional & Local Services
DrinkPrime reports revenue growth and expansion plans
By Startup Enthusiast ·
- Date
- Company
- DrinkPrime
- What it does
- Water purifier rental service
- Kind
- Results
- Founded
- 2016
What they do
DrinkPrime rents water purifiers with free maintenance to households
What happened
FY25 revenue rose 50% to ₹70.38 Cr serving over 2.5 lakh homes daily
Why it matters
The company targets doubling reach to 5 lakh households by 2026
The details
- DrinkPrime reported ₹70.38 Cr revenue for FY25.
- This represents a ~50% year-on-year increase from FY24.
- The company projects ₹97 Cr revenue for the current fiscal year.
- It currently serves more than 2.5 lakh households every day.
- Founders launched the business in 2016 to address water quality issues.
- The firm aims to double its customer base to 5 lakh households by 2026.
- Management wants to raise national water purifier penetration to 25% by FY28.
- Current market penetration stands at approximately 10% according to the facts.
The bigger picture
- The strong revenue growth signals high demand for rental models.
- Expanding reach is critical for achieving national penetration goals.
- City-specific designs help address local water quality challenges effectively.
About the business
- The model uses a rent-to-own subscription structure for customers.
- Customers pay no upfront cost for the water purifier device.
- The service includes free lifetime maintenance, delivery, and relocation.
- A connected mobile app tracks real-time water quality and consumption.
- Manufacturing happens at a dedicated contract unit in Bengaluru.
- Products are designed specifically for different city water conditions.
- The flagship product combines RO, UV, and copper filtration technology.
- Specialized variants exist for hard water areas like Kolkata and Chennai.
- UV-only models serve low-TDS cities like Mumbai and Pune.
- The company offers 24 total SKUs including alkaline and under-the-counter models.
- 80% of sales come directly through the D2C website.
- 20% of sales are generated through partners like Furlenco and Rentomojo.
- Operations cover major metros including Delhi NCR, Hyderabad, and Mumbai.
What happens next
- Double household reach to 5 lakh by 2026.
- Increase national water purifier penetration to 25% by FY28.
Founders
- Vijender Reddy Muthyala, Co-founder
- Manas Ranjan Hota, Co-founder
About DrinkPrime
- Product
- Subscription-based reverse osmosis water purification systems with IoT monitoring, including Copper, Alkaline, and Under-the-Sink variants
- Customers
- Urban households seeking reliable safe drinking water through subscription model
- How it makes money
- Subscription-based service model for water purifiers with IoT connectivity and predictive maintenance
- What sets it apart
- Service-based model with IoT monitoring enabling predictive maintenance and improved customer experience
- Operations
- Operating across 20 cities with expanded product portfolio and AI-enhanced operations
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