The funding will be used to expand the company’s manufacturing capacity, enhance its product portfolio, and strengthen its marketing and sales efforts. Livpure’s focus on water purification solutions has been gaining traction in recent years, driven by rising awareness of water scarcity and the increasing demand for safe drinking water. The company’s products are designed to address various water purification needs, including filtration, disinfection, and demineralization.

The company’s focus on tier-two cities is strategic, as these cities are experiencing rapid urbanization and population growth, creating a large pool of potential customers. Livpure’s subscription model is particularly attractive to consumers in these areas, as it offers a convenient and affordable solution for accessing clean water. Livpure’s subscription model is also gaining traction in urban areas, where it is being adopted by both individuals and businesses.

Livpure’s commitment to quality is evident in its adherence to stringent quality control measures. The company utilizes advanced manufacturing processes and employs a team of skilled engineers and technicians. Livpure’s products are certified by various international standards, including ISO 9001, ISO 14001, and CE. Livpure’s customer-centric approach is reflected in its focus on providing exceptional customer service. The company offers a comprehensive range of services, including installation, maintenance, and repair.

This statement reveals a strategic shift in the company’s revenue model. The company anticipates a significant increase in its water-related revenue, with a projected share of 65-70%. This suggests a strong focus on the water sector, indicating a potential expansion strategy or a shift in market focus. **Factors Contributing to the Shift:**

Several factors could be driving this revenue mix shift. * **Market Demand:** The growing global demand for water-based products and services could be a primary driver.