Exclusive: Rio Health raises Rs 43 Cr in pre-Series A led by Version One Ventures
Rio.ai, which is building an AI-powered quick-commerce platform for medicines and healthcare essentials, has raised a pre-Series A funding round
Via Entrackr
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"Healthtech startup Rio Health, a quick-commerce platform for medicines and healthcare essentials, has raised Rs 43.08 crore in a pre-Series A funding round led by new investor Version One Ventures, with participation from existing investors Xeed Ventures, Good Capital and Amplify Partner.According to its regulatory filings accessed by Entrackr, Rio.ai"s board has approved the allotment of 7,130 compulsorily convertible preference shares (CCPS) at an issue price of Rs 60,415 per share to raise the aforementioned amount.Version One Ventures led the…
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