# RuralShores Business Services Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ruralshores-business-services-pvt

- Industry: Outsourcing
- Headquarters: Bangalore, India
- Website: www.ruralshores.com
- Total disclosed funding: $4.9M
- Latest round: Series D (Jul 17, 2015)
- Investors on record: 3

## About

RuralShores Business Services Pvt Ltd. is an enterprise specializing in rural digital operations, connecting rural talent with global market needs through diverse outsourcing solutions.Founded in 2008 and headquartered in Bangalore, India, RuralShores Business Services Pvt Ltd. focuses on integrating rural talent into the knowledge economy. The firm has successfully raised a total of INR 160 mn in Series D funding from Inclusive Ventures in July 2015. The CEO, Ravi Gupta, leads a company that has accomplished nine deals to date, achieving a current valuation of approximately USD 18.16 mn.RuralShores offers a wide range of services including data annotation for AI/ML applications, content moderation, voice processes, robotic process automation (RPA), and finance and accounting outsourcing. With a workforce of over 3,500 professionals across more than 15 centers in nine states, the company serves clients primarily in the United States, Europe, Australia, and other global markets, aiming to bridge the urban-rural divide. The firm’s Skills Academy furthers its mission by equipping rural youth with sustainable skills for community development.In the most recent fiscal year 2023, RuralShores recorded a revenue of INR 8,763,708 and an EBITDA of INR 1,835,378. The company generates revenue primarily through B2B partnerships, where clients engage in contracts for outsourcing operations that are designed to enhance efficiency and reduce costs through diverse service offerings.RuralShores is strategizing for future growth by expanding its service offerings and targeting new geographical markets. The recent funding from Inclusive Ventures will support these initiatives. The company is poised to explore additional product lines and enhance its footprint in existing markets, with a focus on attracting clients in North America and Europe by 2025.

## Funding rounds

- Series D, Jul 17, 2015, $2.5M — Inclusive Ventures
- Series B, Sep 13, 2011, $2.3M — Lok Capital
- Series A, Mar 18, 2009, $0.1M — HDFC Holdings, Lok Capital

## Investors

- HDFC Holdings — Series A
- Lok Capital (https://capitalatlas.ai/funds/lok-capital) — Series A, Series B
- Inclusive Ventures (https://capitalatlas.ai/funds/inclusive-ventures) — Series D