Waterhealth india private limited

2006

For-profit

Water

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Details


Region of operation

Andhra Pradesh,Gujarat, Karnataka

Headquarters address

"9601 Irvine Center Drive Irvine, California" Country: United States of America Zip: 92618

Target problem

WaterHealth International (WHI) is a global leader in providing access to safe, WHO-quality affordable drinking water to underserved communities. WHI has developed a low-cost business model for the installation, operation, maintenance, and quality monitoring of community water purification systems called WaterHealth Centers. WHI has installed more than 500 WaterHealth Centers across India, Bangladesh, Ghana, Nigeria, and Liberia, providing access to safe water to more than 5 million people.

Key product / Service

Filtered drinking water

Team size

More than 500

Number of beneficiaries

5000000

Awards and recognition

Funding and Operating Model


Funding round

Higher than Series B

Total funding raised

Investors

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Business details

" WaterHealth works through a Public Private Partnership (PPP) model to set-up a water purification plant [which can typically serve a community of population ranging from 5,000 to 20,000] where the land, raw water source and electricity are provided by the community. WaterHealth raises the funds to procure and install the water purification plant based on a Build Operate Transfer (BOT) agreement signed with the Local Government Agency i.e. Panchayat or the Municipality, with a concession term spanning 15 -20 years. The company has the benefit of a partial debt financing guarantee (of up to 50%) by DCC, amounting to $30 million which would therefore enable it to mobilize debt financing up to $60 million. Within the current project, it plans to install an additional about 800 systems in (200 WHC-65 systems and around 600 WHC-21 systems) over a 12-month horizon in villages spread across three states. The company aims to serve over 100 million customers by 2020."

Partners and key clients

Partners:- The Coca-Cola Company,International Finance Corporation

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