Transaction · Financial Data / Open Banking · 2025

RUGR / Saraswat Infotech 2025

RUGR acquired Saraswat Infotech Private Limited on November 7, 2025.

Target: Saraswat Infotech Private Limited
Acquirer: RUGR
Announced: November 7, 2025
Sub-sector: Financial Data / Open Banking

Transaction overview

RUGR announced the acquisition of Saraswat Infotech Private Limited on November 7, 2025.

Strategic rationale

Combines SIPL's legacy banking technology with RUGR's AI-powered cloud platform to enhance digital banking solutions and financial inclusion across India.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: November 7, 2025
Acquirer: RUGR (Strategic)
Sub-sector: Financial Data / Open Banking

Sources

livemint.com /focus/rugr-acquires-saraswat-infotech-private-limited-to-build-a-stronger-banking-ecosystem-11762518934417.html

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