Rio Innobev Raises ₹10 Crore in Pre-Series A Funding

Here’s the essential information extracted from the provided content:

Company:

• Name: Rio Innobev
• Website: enjoyrio.in
• Location: Pune, India

Founders:

• Rahul Sangoi – CEO
• Apoorv Gautam – Founder, Atomic Capital

Investment Details:

• Funding Amount: ₹10 Crore
• Funding Round: Pre-Series A
• Date of Fundraising: April 17, 2025

Investors:

• Lead Investor: Atomic Capital
• Other Investors: Not specified

Products:

• RIO Bubbly Fruit Drink
• RIO BOOM Energy Drink

Expansion Plans:

• Aiming to scale from over 35,000 retail stores to 100,000 outlets in the next three years across areas including indulgence, health, and functional beverages.

If you need more information or detailed insights on any specific aspect, feel free to ask!

Source link

2025-04-17 14:44:46