INDIA'S
FASTEST-GROWING
D2C
BRANDS
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01
Desi Farms
02
The Sleep Company
03
Boldfit
04
The Pant Project
05
Rage Coffee
06
Juicy Chemistry
07
Anveya Living
08
Earth Rhythm
09
Happy Nature
10
Revour Consumer
11
Chkokko
12
Innovist
13
Beco
14
Geek – Harkin
15
Himalayan Organics
16
Country Bean
17
Infinia
18
DrinkPrime
19
Snitch
20
Flo Sleep Solutions
21
Wellbeing Nutrition
22
XYXX
23
The Decor Kart
24
Wings
25
Power Gummies
26
Gramiyaa
27
Farmers Fresh Zone
28
Bunaai
29
SuperBottoms
30
Deconstruct
31
Fix My Curls
32
Yu
33
Khari Foods
34
MasterChow
35
NE Origins
36
P-TAL
37
Perfora
38
Saaki
39
Sadhev
40
ShineXPro
41
SVISH-On-The-Go
42
Zeroharm
18
DrinkPrime
Growth Category
Fact sheet
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FOUNDER(S)
Vijender Reddy Muthyala, Manas Ranjan Hota
KEY INVESTORS
Omidyar Network India, Sequoia Surge, 9Unicorns
FOUNDED IN
March 2016
SUB-SECTOR
Watertech
HEADQUARTERS
Bengaluru, Karnataka
TOTAL FUNDING
$11.5 Mn
KEY COMPETITORS
Swajal, OwO
Sequoia-Backed DrinkPrime Enables Smart Filtration For Pocket-Friendly Potable Water
DrinkPrime aims to provide clean drinking water to 1 Mn households nationwide
168%
Growth Rate
14.66 Cr
FY22 Revenues
1 Lakh+
Customers Served
1
Number Of SKU
The Origin Story
Life in a metro can cost an arm and a leg, as young professionals migrating for work often find out. Software engineer Vijender Reddy Muthyala and corporate executive Manas Ranjan were no exceptions and decided to share a flat in Bengaluru to reduce high living costs. But their search for an affordable water purifier failed miserably as the traditional ones available in the market were too expensive. The duo tried to make do with water cans, but the erratic delivery (and, at times, water quality) irked them. They launched an on-demand mobile app for smooth ordering and delivery, but it could not solve the quality issue. Moreover, the water stored in plastic containers could also lead to contamination and pose health hazards for users in the long run. To deal with this, the roomies launched their second venture, DrinkPrime. The water utility service allows users to rent IoT-enabled water purifiers through its mobile app and website and pay a monthly subscription or a daily fee.
The Growth Story
The startup has dispensed 5 Cr litres of potable water, installed more than 72K water purifiers and claims more than 1 Lakh subscribers. Its revenue for FY22 reached INR 14.66 Cr. It also started a CSR initiative in November 2022, providing safe drinking water to 750+ students from Bengaluru government schools.
The Differentiator
Unlike the generic ROs-on-rent, DrinkPrime has introduced IoT-enabled smart filtering solutions to bring high-quality potable water at pocket-friendly rates. To begin with, the startup maps the water quality of a new service area to ensure that the right amount of filtration happens through its smart water purifiers to reduce the contaminants without filtering out the minerals and other essential components. The hardware is installed free of cost, and subscribers do not have to pay recurring maintenance fees, thus making it affordable for everyone.
What’s Next
DrinkPrime aims to be EBITDA-positive, gain more than 3 Lakh subscribers and expand to two more metro cities in 2023. In the long term, it aims to serve 1 Mn households in India and provide state government institutions and orphanages access to clean drinking water.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
Read more
Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
Read more
Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Growth category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
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Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel