Explanation:

AQVERIUM is India’s first-ever digital water data bank. It is an initiative of AquaKraft Ventures, a company that has expertise in sustainable initiatives to provide drinking water and sanitation to all. AQVERIUM intends to train around one million youth in water, sanitation, hydro-geological sciences, and data sciences. It is a unique innovation combining sustainable technologies along with IT, skill development, and entrepreneurship. A unique social franchising model is also offered by the company. The objective is to create ‘water entrepreneurs’ and make India ‘Water Positive’ by 2030. Achieving water security is crucial for India to become a USD 5 trillion economy. At present, the Indian water market is highly unorganized and there is a need for a comprehensive 360-degrees approach towards water management.