Hyderabad, Oct. 23 -- Hyderabad-based Megaliter Varunaa, a subsidiary of NSE-listed Banka BioLoo Limited and mentored by Brigade REAP, on Thursday said it has successfully secured Rs 15 crore in seed capital from long-term Institutional Investors. This funding will propel project development and accelerate both business growth and technology innovation in urban water management, the company said in a release.
Megaliter Varunaa transforms sewage treatment plants (STPs) into productive, circular water utilities through its flagship 'Megaliter Model'- a zero-CapEx, subscription-based solution that maximises wastewater reuse.
By entering long-term, end-to-end service contracts, the company delivers an integrated offering covering financial, o...