# Driptech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/driptech

- Industry: Power & Utilities
- Headquarters: Pune, India
- Website: www.driptech.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Mar 30, 2010)
- Investors on record: 1

## About

Driptech specializes in innovative drip irrigation solutions that enhance agricultural productivity while optimizing water and resource use, ultimately benefiting farmers and agricultural practices.Driptech, founded in 2008 in Pune, India, focuses on innovative irrigation technologies. The company has received a total of USD 0.230 mn in funding, with the latest round occurring on June 2, 2014. The current CEO is Goutam Das.Driptech India provides advanced drip irrigation solutions designed to enhance agricultural productivity while conserving resources. Their main offerings include the 'Laser-Punched Drip' technology and a complete range of micro irrigation systems, including Dripper Less Drip systems and DT-Flexi Pipes. Their clients include smallholder farmers and government agencies across India, Africa, and Southeast Asia.In 2023, Driptech reported revenues of USD 1,680,736.80, with an EBITDA of USD -36,736.40. Revenue generation comes from direct sales of irrigation systems, primarily engaging with agricultural cooperatives and government initiatives to enhance irrigation efficiency.Driptech aims to introduce new products that improve irrigation solutions while targeting expansions into new markets across Africa and Southeast Asia by 2025. Recent funding of USD 0.225 mn raised in June 2014 will be allocated to support these growth strategies.

## Funding rounds

- Seed, Mar 30, 2010, $0.9M — Lightrock

## Investors

- Lightrock (https://capitalatlas.ai/funds/lightrock) — Seed