Rio Innobev is a Pune, India-based beverage company whose flagship SKUs are RIO Bubbly Fruit Drink and RIO BOOM Energy Drink. Led by CEO Rahul Sangoi, the company focuses on flavour-packed offerings across indulgence and energy segments. It is currently present in over 35,000 retail stores across more than 25 cities in Maharashtra and Gujarat. The company raised ₹10 Crore in a Pre-Series A round to expand its portfolio into indulgence, health, and functional beverage segments. Rio Innobev plans to scale distribution to 1,00,000 outlets over the next three years and deepen its presence on Quick Commerce platforms and in modern trade networks. The funding and stated distribution targets indicate a growth-focused operating plan rather than current profitability details, which were not disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2025