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Results · Professional & Local Services

DrinkPrime reports revenue growth and expansion plans

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Date
Company
DrinkPrime
What it does
Water purifier rental service
Kind
Results
Founded
2016
Sector
Professional & Local Services

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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