A rhodium‐catalyzed C−H activation/annulation of N‐aryl‐pyrazolidinones with vinylene carbonate was developed. The utilization of vinylene carbonate as the acetylene surrogate furnished the successful construction of non‐substituted 5,6‐pyrazolo[1,2‐a]cinnoline derivatives, which are difficult to synthesize through other procedures. In this work, a series of variously substituted pyrazolo[1,2‐a]cinnolines were obtained in yields up to 98 % with broad substrate scope and excellent selectivity. Moreover, external oxidants were not required in this protocol with H2O and CO2 as the clean by‐products.