Megaliter Varunaa Secures Rs 15 Crore to Transform Urban Water Management

Startup Megaliter Varunaa, specializing in urban water management, has successfully raised Rs 15 crore in seed capital. The funding comes from long-term institutional investors, highlighting confidence in the company's innovative approach.

Based in Hyderabad, Megaliter Varunaa is a subsidiary of NSE-listed Banka BioLoo Limited and benefits from the mentorship of Brigade REAP. The company aims to expand its pioneering urban water solutions.

Vishal Murarka, Managing Director, revealed their goal to recycle more than 10 billion liters of water annually within the next year. This ambitious target underscores their contribution to water resilience and infrastructure innovation.