Rite Water Solutions develops and deploys clean drinking water technologies, including solar pumping systems, IoT-based solutions, and wastewater treatment. The company is focused on expanding operations across India with a particular emphasis on rural communities. Management says the fresh capital will be used to substantially scale operations and build a foundation for the company’s next phase of evolution. Rite Water positions itself to deliver climate-resilient, sustainable water solutions and improve access to safe drinking water. The company cites an overarching vision of Transforming Bharat and aims to leverage the investment to increase reach and impact nationwide. Financially, the firm has now raised a total of INR1bn in capital. Rite Water Solutions is an India-based, tech-backed company delivering comprehensive, cost-effective, and sustainable safe drinking water solutions to rural habitations where sources are chemically and biologically contaminated. The company focuses on affordable rural drinking water access and uses technology to support operations and service delivery. Incofin’s Water Access Acceleration Fund (W2AF) invested EUR 7.5 million in Rite Water to support scaling. The investment is intended to help Rite Water expand access and operations, with a target to provide 50 million litres of drinking water every day by 2028. This initiative aligns with W2AF’s broader goal to bring safe drinking water to 30 million people in water-scarce areas by 2030.

Total raised

$12M

Funding rounds

2

Latest round

Series B

Latest activity

Feb 2024