Livpure's Ambitious Goal: Targeting 10 Lakh Subscriptions in Four Years with Water-as-a-Service Model

Livpure is expanding its water-as-a-service model, aiming for 10 lakh subscriptions in four years. The company plans to significantly increase the number of cities it operates in, targeting a Rs 900 crore turnover this fiscal year. Recent funding will support their subscription base and innovation advancements.

Livpure is making a significant push with its water-as-a-service model, targeting an ambitious 10 lakh subscriptions over the next four years. The company, under the leadership of Managing Director Rakesh Kaul, is striving to make clean and purified water more accessible across India.

As part of its growth strategy, Livpure aims to triple its operational cities from the current 26 to between 50 and 75 in the coming years. This expansion is crucial for achieving the company's goal of reaching a Rs 900 crore turnover this fiscal year, a 60% growth over the previous year.

Having recently secured Rs 233 crore in funding from M&G Investments and Ncubate Capital, Livpure plans to invest heavily in its subscription service infrastructure, manufacturing capacity, and technological innovation. The company is committed to installing water purification systems free of charge, making clean water more affordable for millions of Indians.

(With inputs from agencies.)