In a big win for India’s sustainability ecosystem, Megaliter Varunaa, a Hyderabad-based startup working on urban water management, has raised ₹15 crore in seed funding from long-term institutional investors. The fresh infusion will power the company’s next growth phase, expanding operations, building new projects, and delivering innovative solutions to one of India’s most urgent challenges: urban water scarcity.
Turning Wastewater into a Resource
Megaliter Varunaa’s fundamental aim is the “Megaliter Model”, which is a groundbreaking, zero-capex, subscription-based system that essentially changes the nature of STPs by making them circular water utilities.” Their model does not merely treat the sewage but rather it comes first in the list of a reuse and recycling program thus, ensuring a sustainable cycle that significantly lowers the need for fresh water sources.
Since its inception, Megaliter Varunaa has treated over 3 billion liters of wastewater, with a current annual throughput of more than 2.5 billion liters. The company now aims to scale tenfold, targeting the recycling of over 10 billion liters every year within the next 12 months. That expansion could significantly strengthen the water resilience of Indian cities, where demand is rapidly outpacing supply.
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Leadership with Vision
This change is being directed by Vishal Murarka,the Managing Director of Megaliter Varunaa and CEO of Banka BioLoo Limited. With a lot of knowledge and experience in the areas of strategy, business development, and sustainable infrastructure, Murarka has fast-forwarded his career in senior leadership roles at Piramal Realty and L&T Realty, which are two brands known for large-scale urban development.
He is an alumnus of the Indian School of Business, where he did his MBA in Marketing and Analytical Finance, and he is also a Mechanical Engineering graduate from Amravati University. Murarka has the strategic foresight as well as the field experience. Under his leadership, Megaliter Varunaa has evolved from a small enterprise into a national frontrunner in wastewater recycling, pushing Indian cities toward a circular water economy.
Nurtured by Mentorship, The Brigade REAP Advantage
Megaliter Varunaa’s voyage has been made more potent by its connection with Brigade REAP, the real estate and PropTech-focused accelerator which is backed by the Bengaluru-based Brigade Group. The program provided guidance the company in perfecting its market entry strategy and making the technological innovation more user-friendly for the urban sector.
The mentorship has been a major factor in the startup’s ability to maintain the environment while increasing their business growth, which means that their solutions are not just theoretically viable but can also be practically implemented in different urban ecosystems with good results and profit.
Addressing India’s Urban Water Crisis
India’s cities are facing an escalating water crisis. The Central Pollution Control Board (CPCB) estimates that a significant portion of urban sewage goes untreated, and even the existing sewage treatment plants often operate well below capacity. The result is a dangerous mix of water pollution, environmental degradation, and public health risks.
Megaliter Varunaa directly addresses these inefficiencies. Its model helps optimize and retrofit existing STPs so that treated wastewater can be reused for industrial, landscaping, and municipal purposes. By doing so, it reduces the strain on freshwater sources while fostering a self-sustaining urban water cycle.
Building the Circular Water Economy
The startup aims to speed up project development, improve its technological infrastructure, and expand its presence in the leading Indian cities with this fresh investment. Megaliter Varunaa is helping municipalities and private developers to reimagine water management by converting less efficient STPs into circular water hubs, thus turning the whole process from waste to value.
As India’s urban centers continue to grow, demand for sustainable water solutions will only rise. The company’s Megaliter Model provides a replicable, cost-efficient blueprint for cities worldwide to follow, one that bridges technology, environmental stewardship, and smart planning.
A Sustainable Future in Sight
Megaliter Varunaa’s rise to prominence is more than just a headline about funding; it is a clear evidence of how innovation and social impact can be integrated. The startup, supported by visionary leadership, institutional trust, and a constant emphasis on sustainability, is going beyond the limits of what urban water management can look like in India.
While water scarcity is becoming one of the most serious issues of cities, Megaliter Varunaa is a firm that demonstrates how wastewater can be converted to be a source of life. Through the recycling of billions of liters every year and the implementation of a circular water economy, the company is not only making the solution to the problem, but it is also changing the way cities will live and grow in the future.
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