Bengaluru fintech RUGR raises $5 mn for rural inclusion
RUGR Fintech, a Bengaluru-based startup focused on rural financial inclusion, has secured $5 million in pre-Series A funding from Mauritius’ Vikasa India EIF I Fund, valuing it at $25 million. Founded in December 2024, RUGR builds digital tools for banks and cooperatives, aiming to modernize rural banking and drive financial empowerment across India’s underserved regions.