Starting up Livpure – the biggest player on Indian water purification market has received $24 million from both M& G Investments and Ncubate Capital Partners as part of its funding plan. The amount will go into use by this particular firm preparing for three various types of advancements which include: extending current product lines; improving stores presence; as well as investments in research and development. One of Livpure’s objectives is to improve its product/service offerings so that they can cater to changes in tastes/preferences among the people living here in India hence becoming a one-stop shop for everything you need concerning your home.
In light of this funding, Livpure intends to put more efforts into innovation while coming up with greener products that are environmentally friendly. Additionally, they are planning on increasing their water-as-a-service model so that many people can have access to clean drinking water affordably. This investment is a significant milestone for Livpure as it establishes itself for further growth amid competition in the home solution market
