This startup called Faclon Labs has developed an IoT solution called AquaSense to make water distribution more efficient and equitable across cities. It involves installing smart sensor devices that monitor water tanks, pumps, and pipelines in real-time. This data is analyzed on a cloud platform to automate operations and detect issues like leaks or empty tanks. The solution aims to reduce water wastage, lower energy costs, and increase revenue by reducing non-revenue water losses. It provides remote monitoring and control of infrastructure to ensure adequate water supply to all areas.