Zerodha-backed Rainmatter has recently made headlines with its latest investments, contributing INR 10 Crores each to two innovative startups: Boson Whitewater and TruNativ. The Bengaluru-based venture firm, renowned for its focus on early-stage investments in fintech, clean energy, climate tech, and healthtech, continues to expand its portfolio with these strategic funding moves.
Boson Whitewater is pioneering in the field of water recycling, specifically targeting the challenge of water scarcity in urban areas. The startup specializes in transforming surplus sewage treatment plant (STP) water into potable water, providing a sustainable solution for major cities like Bengaluru, which face significant water management issues.
On the other hand, TruNativ is making strides in the nutrition sector. This direct-to-consumer (D2C) brand offers a range of nutritional products, including Everyday Protein, Everyday Fibre, and Everyday Sweetener. These products are available through TruNativ’s website and various e-commerce platforms, catering to health-conscious consumers seeking quality nutrition.
Rainmatter’s recent investments underscore its commitment to supporting ventures that tackle pressing global issues. This funding follows a significant investment earlier this year, where Rainmatter invested approximately INR 58.25 Crores (about $7 million) into the agritech startup Two Brothers Organic Farms.
Founded by Zerodha, Rainmatter has a track record of investing in a diverse array of startups. To date, the firm has invested in around 100 companies, including 31 fintech firms, 28 climate tech startups, and 21 ventures in the health and nutrition sector.
With these latest investments, Rainmatter continues to strengthen its role as a catalyst for innovation and sustainability, supporting startups that are addressing critical challenges in water management and nutrition.