Rio Health

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Rio Health - overview

Established

2024

Location

Gurgaon, IN, India

Primary Industry

Retail

About

Based in India, Rio Health, operates as a prescription verification and delivery service for pharmacy orders, providing online payment and home delivery solutions. Based in Gurgaon, India and founded in 2024, Rio Health, offers prescription verification and home delivery services for pharmacy orders. The company raised INR 430. 80 mn in an unspecified funding round from investors including Amplify Partners, Good Capital, Version One Ventures, and Xeed Ventures.


The total amount raised to date is INR 430. 80 mn, with a current valuation of INR 1700. 00 mn. Rio Health specializes in delivering medical products and health essentials directly to consumers through a user-friendly platform.


The core service includes a rapid prescription medicine delivery system via WhatsApp, allowing users to share their medicine lists or prescription photos for order placement. Deliveries are made within 15 to 30 minutes daily, targeting urban families and individuals who require quick access to medications and personal care products. Rio Health operates a direct-to-consumer sales model, generating revenue primarily through individual transactions for prescription medications and health products. Customers place orders via WhatsApp, receiving confirmation of product availability and total pricing before proceeding to online payment.


The absence of minimum order requirements and delivery fees encourages frequent transactions, with each order typically including a mix of prescription medications and personal care items. The company plans to continue expanding its service offerings and enhance its delivery capabilities. Current initiatives include strengthening partnerships with investors such as Xeed Ventures, Good Capital, and Amplify Partners to support growth.


Current Investors

Version One Ventures, Amplify Partners, Xeed Ventures

Primary Industry

Retail

Sub Industries

Courier & Delivery Services, Drug Stores/Convenience Stores, Medical Equipment Distributors

Website

www.rioai.in/

Verticals

E-commerce, HealthTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Rio Health - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedRio Health-

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