PE-VC Fund Investments
Wastewater mgmt enabler Megaliter Varunaa raises Rs.15-Cr
Hyderabad-based cleantech startup Megaliter Varunaa , a subsidiary of NSE-listed Banka BioLoo Ltd has raised INR 15 crore in seed capital from institutional investors.Founded in 2022 by Namita Banka and Vishal Murarka, Megaliter Varunaa transforms sewage treatment plants into productive, circular water utilities through its flagship ‘Megaliter Model’- a subscription-based solution that maximises wastewater reuse.The new funds will be used to propel project development and accelerate both business growth and technology innovation in urban water management.
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