About Rio
Rio is a company based in Pune (India) founded in 2011 by Rahul Sangoi, Rohan Sangoi, and Rajiv Sangoi. It operates as a Direct-to-Consumer (D2C). Rio has raised $1.16 million across 1 funding round from investors including Atomic Capital. The company has 106 employees as of April 07, 2024. Rio offers products and services including Rio Fusion Bubbly Fruit Drink and Boom Energy Drink. Rio operates in a competitive market with competitors including Lahori Zeera, Polka Pop, Svami, Campa Cola and Vaum, among others.
- Headquarter Pune, India
- Employees 106 as on 07 Apr, 2024
- Founders Rahul Sangoi, Rohan Sangoi, Rajiv Sangoi
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Rio Innobev Private Limited
- Date of Incorporation 23 Aug, 2020
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.89 M (USD)10.32as on Mar 31, 2023
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Net Profit
-$249.56 K (USD)-1449.08as on Mar 31, 2023
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EBITDA
-$16.59 K (USD)-112.51as on Mar 31, 2023
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Total Equity Funding
$1.16 M (USD)
in 1 rounds
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Latest Funding Round
$1.16 M (USD), Seed
Apr 15, 2025
- Investors
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Employee Count
106
as on Apr 07, 2024
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Products & Services of Rio
Rio offers a comprehensive portfolio of products and services, including Rio Fusion Bubbly Fruit Drink and Boom Energy Drink.
A bubbly fruit drink with vibrant, zesty flavors.
An energy drink designed to boost daily performance.
Funding Insights of Rio
Rio has successfully raised a total of $1.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.16 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Rio
Rio has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Atomic Capital.
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Early-stage venture capital fund providing investment and operating support to startups in emerging categories.
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Investor details for Rio
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Investments & Acquisitions by Rio
Investment portfolio details for Rio
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Financial Statements - Rio
Detailed financials for Rio
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Rio Comparisons
Peer comparison for Rio
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Competitors of Rio
Rio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lahori Zeera, Polka Pop, Svami, Campa Cola and Vaum, among others.
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Traditional flavored sodas are produced with natural ingredients and spices.
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Premium sparkling water with natural flavors is crafted.
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Non-alcoholic beverages including nitro coffee and tonics are manufactured.
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Carbonated soft drinks, including cola, are produced and distributed.
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Produces and sells unique crafted tonics and botanical waters for novel drinking experiences.
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Manufactures carbonated soft drinks and bottles Royal Crown in Eastern India.
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Detailed competitors of Rio
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Latest news on Rio
Complete news archive for Rio
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Frequently Asked Questions about Rio
Rio was founded in 2011 and raised its 1st funding round 14 years after it was founded.
Rio is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Rahul Sangoi is the current CEO of Rio. They have also founded this company.
Rio is a funded company, having raised a total of $1.16M across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Rio is 106.
Annual revenue of Rio is $2.89M as on Mar 31, 2023.
Rio Innobev Private Limited is engaged in the production and distribution of innovative beverages, including Rio Fusion Bubbly Fruit Drink and Boom Energy Drink. The company operates in the non-alcoholic beverage sector, focusing on youth-oriented products with vibrant flavors and energizing properties. Solutions are tailored to provide refreshing and unique taste experiences through a variety of fruity and energy-boosting drinks.
Rio's top competitors include Lahori Zeera, Polka Pop and Svami.
Rio offers Rio Fusion Bubbly Fruit Drink and Boom Energy Drink.
Rio has 1 investor. Key investors include Atomic Capital.