Rio Innobev, the Pune, India-based homegrown beverage firm behind RIO Bubbly Fruit Drink and RIO BOOM Vitality Drink, raised ₹10 Crore in Pre-Collection A funding.
The spherical was led by Atomic Capital, and different traders.
The corporate intends to make use of the funds to develop its portfolio throughout indulgence, well being, and purposeful beverage segments, catering to evolving shopper preferences.
Led by CEO Rahul Sangoi, Rio Innobev is a beverage firm offering flavour-packed merchandise together with RIO Bubbly Fruit Drink and RIO BOOM Vitality Drink. At the moment current in over 35,000 retail shops throughout greater than 25 cities in Maharashtra and Gujarat, the corporate goals to scale to 1,00,000 retailers over the following three years whereas deepening its presence with Fast Commerce platforms and trendy commerce networks.
FinSMEs
17/04/2025
