Mrugtrushna is about four kids living on the banks of a river in 1980s Gujarat, and their desire to explore the other side of the river, leading them on a journey of imagination and wonder that they would cherish and remember forever.

The tale of how children deal with the cut-throat competition in today's world, where marks and grades are the only parameters taken into consideration to assess a child's overall potential.

Sheth Kapurchand Mangaldas Vidyalaya is one of the last existing Gujarati medium schools. Principal of the school wants to preserve his heritage and is struggling with changing world. Enter Bhagirath, who is a post graduate from Princeton University and offers to teach the students for free. Vishwa, principal's daughter and a teacher herself doesn't trust Bhagirath as his teaching methods are unconventional. Bhaga, Vishwa and students- Anant, Paheli, Virat travel to nearby village and their journey begins to achieve the goal.