Pune-based beverage startup Rio Innobev raises Rs 10 crore in a pre-Series A funding round led by Atomic Capital. The funding aims to scale the company's presence to 100,000 outlets across India.
Amount Raised
₹100 Million
Round Type
Pre-Series A
PuneFood and BeverageHospitalityFood ProcessingInvestors
Description
Pune-based beverage startup Rio Innobev Pvt Ltd has raised Rs 10 crore in its first institutional round. The pre-Series A funding was led by Atomic Capital, with participation from a group of undisclosed marquee investors. This funding supports aggressive nationwide expansion and product innovation as the company aims to significantly increase its outlet presence. Currently available in over 35,000 retail outlets, Rio Innobev is targeting 100,000 outlets over the next three years.
Quick answer
Rio Innobev raised ₹100 Million in a Pre-Series A round, dated April 15, 2025. Investors: Atomic Capital. Rio Innobev is based in Pune, Maharashtra, India.
- How much did Rio Innobev raise?
- Rio Innobev raised ₹100 Million in a Pre-Series A round on April 15, 2025.
- Who invested in Rio Innobev?
- Atomic Capital is named as investors in this round.
- What does Rio Innobev do?
- Rio Innobev Pvt. Ltd. is a Pune-based beverage company challenging legacy brands with its bold, flavour-packed offerings.
- Where is Rio Innobev based and how big is it?
- Rio Innobev is based in Pune, Maharashtra, India.
- Who are the decision-makers at Rio Innobev?
- Fundz holds 1 contact at Rio Innobev. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Hospitality around the same time
Companies in the same sectors as Rio Innobev that raised within 45 days of this round, from Fundz verified event records.
- Good Girl Snacks raised an undisclosed amount (Pre-Seed) on April 1, 2025.
- Pizza Wings raised $2.8M (Funding Round) on March 25, 2025.
- Every raised $2M (Seed) on May 26, 2025.
- Muu raised an undisclosed amount (Funding Round) on May 15, 2025.
- High Time Foods raised $1.2M (Seed) on May 8, 2025.
- Se'Indonesia raised an undisclosed amount (Funding Round) on April 22, 2025.
Who to call at Rio Innobev, and when
A new round usually means Rio Innobev is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rio Innobev raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rio Innobev, from your own LinkedIn network
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