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RUGR - About the company

RUGR is a seed company based in Bengaluru (India), founded in 2022 by Arangasamy KV and Nitthin Mowrya. It operates as a Provider of a banking platform for financial solutions. RUGR has raised $5M in funding, with a current valuation of $*****. The company has 459 active competitors, including 74 funded and 33 that have exited. Its top competitors include companies like Stripe, Razorpay and PayU.

Company Details

Provider of a banking platform for financial solutions. Its offerings include mobile banking solutions, gold loans for farmers, business banking solutions to support rural enterprises, and more.
Website
rugr.com
Social
XFacebook
Email ID
*****@rugr.com
Phone Number
+91 **********
Registered Address
Tower D 5th Floor, Diamond Dist Airport Rd, Hulsur Bazaar, Bangalore, Bangalore North, Karnataka, India, 560008
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$5M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Sep 29, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
57 as on May 31, 2025
Investment & Acquisitions
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RUGR's funding and investors

RUGR has raised a total funding of $5M over 1 round. Its latest funding round was a Seed round on Sep 29, 2025 for $*****. 1 investor participated in its latest round. RUGR has 1 institutional investor.

Here is the list of recent funding rounds of RUGR:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 29, 2025
7161454
Seed
3820075
3645321
9623202
9263259
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RUGR's founders and board of directors

Founder? Claim Profile
The founders of RUGR are Arangasamy KV and Nitthin Mowrya. Gopal Majumder is the CEO of RUGR.
Here are the details of RUGR's key team members:

RUGR's employee count trend

RUGR has 57 employees as of May 25. Here is RUGR's employee count trend over the years:
Employee count trend for RUGR
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RUGR's Competitors and alternates

Top competitors of RUGR include Stripe, Razorpay and PayU. Here is the list of Top 10 competitors of RUGR, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Stripe
Stripe
2010, San Francisco (United States), Series I
Provider of financial infrastructure solutions for revenue growth and payment processing
$9.81B
86/100
2nd
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
85/100
3rd
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
83/100
4th
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
83/100
5th
Logo for Adyen
Adyen
2006, Amsterdam (Netherlands), Public
Provider of end-to-end payment, data, and financial management platform solutions
$266M
81/100
6th
Logo for Pine Labs
Pine Labs
1998, Noida (India), Public
Provider of in-store and online payment, prepaid, and financial solutions
$954M
76/100
7th
Logo for Mintoak
Mintoak
2017, Mumbai (India), Series A
Digital payments and engagement solutions for MSMEs
$30.6M
74/100
8th
Logo for ACI Worldwide
ACI Worldwide
1975, Omaha (United States), Public
Process and manage digital payments
-
74/100
9th
Logo for Airpay
Airpay
2012, Mumbai (India), Series A
Provider of omnichannel payment gateway solutions and financial service platform
$3.63M
73/100
10th
Logo for Cashfree Payments
Cashfree Payments
2015, Bengaluru (India), Series C
Provider of payment gateway and payouts, and identity verification services
$100M
69/100
106th
Logo for RUGR
RUGR
2022, Bengaluru (India), Seed
Provider of a banking platform for financial solutions
$5M
38/100
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RUGR's Investments and acquisitions

RUGR has acquired Saraswat Infotech. RUGR has not made any investments as of now.

Reports related to RUGR

Here is the latest report on RUGR's sector:

News related to RUGR

Media has covered RUGR for a total of 2 events in the last 1 year.
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FAQs about RUGR

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