OwO Tech raises $3 million seed capital from marquee investors to fuel growth

Gurugram-based water e-commerce start-up OwO Applied sciences on Monday stated it has raised $3 million (about Rs 22.5 crore) seed funding from marquee buyers. OwO is creating disruptions within the on-line necessities area (the consuming water market at giant) by launching WaaS (water-as-a-service), the corporate stated in an announcement including that the corporate goals to broaden to 75 cities by March 2023.

The funding will likely be used to scale its expertise platform and to launch operations in Delhi, Noida, Jaipur and Pune.

OwO applied sciences co-founder and CEO Ajay Changani stated, “We’ve got now entered a D2C mannequin to ship the healthiest water to each Indian dwelling via a water subscription mannequin. With a disruptive enterprise mannequin, it makes use of expertise to make sure that each glass of water consumed in each house is in its healthiest type.”

He added that to carry transparency, its water app provides prospects the stay monitoring and knowledge of the standard of water in every glass they’re consuming.

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