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Rio Health raises $4.5M in pre-Series A led by Version One Ventures. The quick commerce platform for medicines plans to expand dark stores across Delhi-NCR.

PRIVATESep 24, 2026

Amount Raised

$4.5 Million

Round Type

Pre-Series A

McallenHealth CareArtificial IntelligenceE Commerce

Investors

Xeed VenturesGood CapitalAmplifyVersion One Ventures

Description

Rio Health, a quick commerce platform for medicines and healthcare essentials, raised $4.5 million in a pre-Series A funding round led by Version One Ventures. Existing investors Xeed Ventures, Good Capital, and Amplify also participated in the fully closed, all-equity round. The company plans to expand its presence across Delhi-NCR, grow its dark store network from three to over 15 locations, and strengthen its technology infrastructure. Rio Health currently processes over 30,000 orders monthly with an average order value of Rs 600-700.

Quick answer

Rio Health raised $4.5 Million in a Pre-Series A round, dated September 24, 2026. Investors: Xeed Ventures, Good Capital, Amplify and Version One Ventures. Rio Health is based in Mcallen, Texas, United States.

How much did Rio Health raise?
Rio Health raised $4.5 Million in a Pre-Series A round on September 24, 2026.
Who invested in Rio Health?
Xeed Ventures, Good Capital, Amplify and Version One Ventures are named as investors in this round.
What does Rio Health do?
Rio Health is a quick commerce platform for medicines and healthcare essentials operating across Delhi-NCR.
Where is Rio Health based and how big is it?
Rio Health is based in Mcallen, Texas, United States. Fundz records about 201 employees.
Who are the decision-makers at Rio Health?
Fundz holds 2 contacts at Rio Health, including the Chief Operating Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Health Care around the same time

Companies in the same sectors as Rio Health that raised within 45 days of this round, from Fundz verified event records.

  • Rio.ai raised $4.5M (Pre-Series A) on September 23, 2026.
  • Siggy raised $6M (Pre-Seed) on November 6, 2026.
  • Health In Tech raised $2.9M (Pre-Series A) on November 6, 2026.
  • Foozi raised $1M (Pre-Seed) on November 6, 2026.
  • firmly raised $15M (Series A) on November 5, 2026.
  • Nayara raised an undisclosed amount (Pre-Seed) on November 5, 2026.

Who to call at Rio Health, and when

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Company Information

Company

Rio Health

Location

Mcallen, Texas, United States

About

Rio Health is a quick commerce platform for medicines and healthcare essentials operating across Delhi-NCR. The company delivers medicines in 20-30 minutes using an AI-led ordering system that identifies prescribed products from photographs or text/voice inputs in Hindi, English, or Hinglish. Rio Health operates dark stores serving approximately three-kilometer radiuses and uses neighborhood-level demand data to optimize inventory management of over 20,000 SKUs.

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Related People

2 contacts
Verified contactsJaimin, Chief Operating Officer hiddenSee plans and pricing
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Rio Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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