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
- 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
Investors
Ranked
106th among 459 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
57 as on May 31, 2025
Investment & Acquisitions
Legal entities associated with RUGR
RUGR is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RUGR FINTECH PRIVATE LIMITED CIN: U66190KA2024PTC196244 , India, Active | Dec 24, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | 51 (As on Aug 01, 2025) |
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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 |
View details of RUGR's funding rounds and investors
RUGR's founders and board of directors
Founder? Claim ProfileHere are the details of RUGR's key team members:
- Arangasamy KV: Co-Founder & Managing Director of RUGR. Contact Info: 1 email address
- Nitthin Mowrya: Co-Founder of RUGR. Contact Info: 1 email address
- Gopal Majumder: CEO of RUGR. Contact Info: 1 email address and 1 phone number
View details of RUGR's Founder profiles and Board Members
RUGR's employee count trend
RUGR has 57 employees as of May 25. Here is RUGR's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
2nd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 83/100 | |
4th | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
6th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 76/100 | ||
7th | Digital payments and engagement solutions for MSMEs | $30.6M | 74/100 | ||
8th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 74/100 | |
9th | Provider of omnichannel payment gateway solutions and financial service platform | $3.63M | 73/100 | ||
10th | Cashfree Payments 2015, Bengaluru (India), Series C | Provider of payment gateway and payouts, and identity verification services | $100M | 69/100 | |
106th | Provider of a banking platform for financial solutions | $5M | 38/100 |
Looking for more details on RUGR's competitors? Click here to see the top ones
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.
•
•
RUGR Fintech Secures $5 Mn in Pre-Series A Led by Vikasa India EIF I FundStartupNews•Sep 29, 2025•RUGR, VIKASA Capital
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