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Rio Innobev raises ₹10 cr to expand beverage business
short by / on Tuesday, 15 April, 2025
Pune-based beverage startup Rio Innobev secured ₹10 crore in pre-Series A funding led by Atomic Capital. The funds will fuel national expansion, product innovation, and manufacturing upgrades. Known for RIO Bubbly and BOOM energy drinks, the brand operates in 25+ cities and aims to scale to 1,00,000 outlets, targeting ₹500 crore revenue within four years.
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