LifeSource, Egypt pays around 1.50EGP per litre of water consumed, which adds up to a much bigger amount than what people actually pay for their water consumptions.
In an attempt to help the economy of the country, LifeSource came up with a Smart Water System to help lowering water consumption.
It's a system that enables customers to monitor their domestic water usage, and informs them with the price of the amounts consumed.
This product has several features added such as safety assurances, alarms for unused water flows, and tips to economize water consumption.
As communication electronics engineers, the founders began this project as part of their thesis done in Helwan University in 2013.
They entered several competitions such as Ibtekar, Shaghal, and Nahdet ElMahrousa which helped in raising considerable funds to startup their product.
LifeSource is one of the first companies that came up with a fully featured system to enhance our daily water usage whether at home or at any facility.
Their target audience are water supply companies around the Arab region, mostly of which are connected to the government.
LifeSource aims to be the number one specialized company for smart water systems.