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Environment Tech Series A Founded 2015

Boon Water

Boon Water is a provider of commercial-grade water purification and glass bottling systems founded by ex-IIT Kanpur professors. The company's UltraOsmosis filtration platform and WaterAI IoT monitoring system deliver purified, mineralized water for homes, businesses, and institutions. Products include the Boon Tall freestanding purifier delivering 60 liters per hour with hot, normal, and cold water, and the Boon Tap…

📍 Gurugram, India · Water and Wastewater Management Tech,

Funding snapshot

Last roundSeries A
Amount$10M
Date17 July 2024
Total raised$10M
Valuation20,462,346 (Aug 8, 2024)
Team size183

About

Boon Water is a provider of commercial-grade water purification and glass bottling systems founded by ex-IIT Kanpur professors. The company's UltraOsmosis filtration platform and WaterAI IoT monitoring system deliver purified, mineralized water for homes, businesses, and institutions. Products include the Boon Tall freestanding purifier delivering 60 liters per hour with hot, normal, and cold water, and the Boon Tap under-sink RO purifier delivering 20 liters per hour through a stainless steel tap. WaterAI provides real-time visibility into TDS levels, flow rate, temperature, and filter health prediction through a mobile app. The company holds 7 patents and 5 proprietary filters. Founded in 2015 and headquartered in Gurugram, India, Boon has raised approximately $9.6 million at the Series A stage from investors including Roca Group Ventures, SIDBI, Technology Development Board, TLabs, and Unicorn Infinite. Over 4,000 organizations globally trust Boon for their hydration needs.

Business model

Smart Homes > Kitchen Appliances > Water Purifiers,

Water and Wastewater Management Tech > Water Usage and Leak Detection > Smart Products > Purifiers

Founders & team highlights

Serial Founder

Team background

College Wise > IIT Kanpur, Booth School of Business, University of Chicago

Institutional investors

Roca Group Ventures Saurya Enertech TLabs SIDBI Unicorn Infinite Rajasthan Venture Capital Fund Agra Chains Millennium Alliance BIRAC Shankar Vishwanathan Vinay Ahuja Noopur Ahuja Pramod Agarwal Manoj Kumar Nayantara Bali

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