Karnataka: Digital Water Bank ‘AQVERIUM’ launched in Bengaluru
Country’s first Digital Water Bank ‘AQVERIUM’ launched in Bengaluru aims to provide clean drinking water and sanitation
The country’s first Digital Water Bank ‘AQVERIUM’ was launched in Bengaluru yesterday. It is formed by AquaKraft Group Ventures, next-generation sustainability, and impact enterprise focused on providing clean drinking water & sanitation.
Launching the Digital Startup AQVERIUM headquartered in Bengaluru, Dr.C.N.Ashwatha Narayana, Minister for IT/BT and Science &Technology said, this is a very unique innovation combining sustainable & green technologies along with information technology, skill development & entrepreneurship.
Further, he told, the Startup has a holistic approach towards finding a much-needed solution to a crisis that not only India but the world is staring at.
Saying, Clean Water & Water security is the key for India to become a USD 5 trillion economy, Narayana told that the Indian water & sanitation market opportunity which was pegged at USD 297 billion is highly unorganized and the need of the hour is a comprehensive 360 degrees approach towards water management as a blend of green & sustainable treatment technologies.