FundraiseBase by

Dugar Finance

Raised $5M, announced 31 March 2026.

Round

Dugar Finance raised $5 million in a pre-Series A round led by HegdInvst.

Amount: $5M
Announced: 31 March 2026
Lead: HegdInvst
Use of funds: Strengthening technology infrastructure, advancing analytics-led underwriting, centralised risk systems, and hiring senior talent across critical functions.
Checked: Amount and date matched across 2 press sources

Company

Provides secured MSME lending and vehicle finance to underserved semi-urban and rural markets.

Based in: Chennai, India
Founded: 1987
Sector: Fintech
Website: dugarfinance.com ↗

Founder

Ramesh DugarFounder and Managing DirectorLinkedIn ↗

Sources and links

Sources: Dugar Finance raises $5 million in pre-series A round led by HegdInvst - The Economic Times news.google.com
Dugar Finance raises $5 million in pre-Series A; targets Rs 2,000 crore AUM - The Financial Express news.google.com
Website: dugarfinance.com ↗
LinkedIn: Ramesh Dugar ↗

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