Published on NextBillion.net - Development Through Enterprise (http://www.nextbillion.net)

Major Investments Open New Markets for Water Services

By Lauren Abendschein
Created Jan 10 2007 - 15:04

WaterHealth International [1](WHI) has recently attracted over $11 million in venture capital from investors including Dow Venture Capital, ICICI Bank, Plebys International LLC, and SAIL Venture Partners, L.P.. WHI provides innovative business solutions to one of the world's most desperate health crises, the lack of safe, clean and affordable water for the more than two billion people who have little or no access to it.

WHI has developed a model that incorporates an innovative, cost-effective technology [2] designed for the poor, with a franchise model to streamline marketing and distribution and assure uniform water quality and service. The model can be customized to take into account the needs of rural and urban markets for low-cost safe water. WHI invests in health and hygiene education programs as part of its normal business practices to combat waterborne diseases in the communities it serves.

Since its inception, more than 450 systems using WHI’s ultraviolet water purification and disinfection technology have been installed in a number of countries around the world, including India, the Philippines, and Mexico. The large investments it has received of late will enable the company to more rapidly increase its global presence and demonstrate the potential of its scalable business approach (read the full story from American Venture Magazine [3]).

WaterHealth International’s recent success is important not only for their effort, but as a shining example of serving the poor profitably. Here’s why:

To learn more, read their full profile [4] in the activity database.



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