UPenn Grads Expand Water Bottle Innovation

PHILADELPHIA (CBS) - Two University of Pennsylvania graduates are about to enter a new phase of growing their company that makes water bottles with their own filtration. 

At the end of this month, Hydros Bottle will be out of the Wharton Venture Initiation Program and be on its own. The Hydros Bottle is designed to provide bottled-quality water without the one use container.

Co-founder Aakash Mathur says its origin is solving the Third World water crisis:

"I was actually working on a project through a course at Wharton where we were looking at using enterprises to solve social issues so I was looking at introducing a filtering water bottle into urban areas in developing countries."

The other co-founder is Jay Parekh:

"We donate a dollar from every sale we make so for every time you buy a bottle you're effectively donating 2,000 gallons of clean water to the village we're working in."

For more information go to hydrosbottle.com

Reported by: John Ostapkovich, KYW Newsradio