GoPaani raises $600k
An Indore-based water service provider focused startup, GoPaani, in its seed funding round has raised $600K from investors such as 3one4 Capital, PointOne Capital, and angel investors including Mukund Jha (Dunzo co-founder) among others. GoPaani was founded by Ankit Ranka and Arpit Sharda.
The startup is a one-stop solution for the daily water service provider to manage their business in an effective and efficient manner. It plans to be a totally app-based solution for daily delivery businesses in India. Beginning with water jar suppliers, this app enables businesses to keep track of product inventory from dispatch, delivery, collection, and unloading. Employees of this water service provider receive their app login credentials to make delivery entries, and the admin of these water businesses can track and create real-time reports on employees’ work.
After the successful fundraising round, the Co-Founder of GoPaani, Ankit Ranka, commented, “We started GoPaani to solve the problems faced by over 1.2 million water delivery businesses in India like product loss, billing issues, poor customer service. We have seen adoption with other delivery businesses facing similar problems like milk and tiffin delivery. With GoPaani already present in 15 states across India and 8 different languages, we plan to focus on water delivery businesses and build the product for a wider set of delivery businesses starting next year.”