Funding Alert

WaterScience Raises Funding from Velocity, Amount Raised By D2C Startup Undisclosed

• ByStartupStory     |    June 16, 2021

D2C startup, WaterScience raises funding an undisclosed amount of funding from Velocity.in, a revenue-based financier. WaterScience manufactures filters that purify water for non-drinking use cases for the masses. WaterScience raises funding to finance its inventory and ramp up digital marketing.

Sudeep Nadukkandy, Co-founder, WaterScience  said “Non-drinking water accounts for more than 95 percent of our daily water usage. I was surprised to find no solutions in the market to enhance its quality. At WaterScience, we are bridging this gap by building high-quality purification systems. Our products tackle hardwater and chlorine which is a big problem in cities. They also help improve the efficiency of drinking water filters.”

Abhiroop Medhekar, Co-founder and CEO of Velocity.in added regarding WaterScience raises funding, “WaterScience is an internet-first brand with impressive returns on digital marketing and strong unit economics. An online model coupled with a loyal customer base worked in their favor during the pandemic. Since we had a historical relationship with them, we were able to approve this round of financing within just three days. The startup has carved a niche and solves a problem that plagues our country. We are happy to fund their growth and build on our long-standing relationship with them.”

Follow Startup Story