First push in major expansion plan post series b funding; adopted by 100+ communities in ahmedabad during pilot phase
Ahmedabad, Nov 27, 2019: Mygate, India’s leading community and society management platform, today announced its expansion into Gujarat. The Bangalore-based startup successfully completed a three-month pilot in Ahmedabad, adopted by over 14,000 homes across 100 gated communities. Following this success, Mygate’s mobile-first platform will now be available in Surat, Rajkot, Gandhinagar, and Vadodara, enabling residents to manage payments, amenities, communications, and helpdesk seamlessly. Security features complement the platform, providing safe and convenient living. This expansion follows the $56 million Series B funding announced last month.
Mygate aims to streamline operations for 150,000 homes across Gujarat within the next 12 months. Popular communities already using the platform include Kalhaar Bungalows, Ratnaakar Beaumonde, Aryaman Bungalows, Paarijat Eclat, and Basant Bahar Bungalows. With an on-ground team in Ahmedabad and expansion plans for other major cities, Mygate helps residents manage payments, amenities, communication, and services efficiently, while security remains an integrated feature.
Widely regarded as a role-model state for public infrastructure and economic growth, gujarat has witnessed a sharp rise in the number of gated communities, with several cities now among the country’s fastest-developing real estate markets.
Apartment complexes in gujarat can now deploy mygate in just three days without any hardware investment or capital expenditure. The platform follows a pay-as-you-go model and includes complete training for facility staff, security guards and residents.
Mygate is a mobile-app-based, all-in-one platform that simplifies community living by digitizing and automating day-to-day operations. It enables resident welfare associations (RWAs) to manage society accounting, track resident payments, handle helpdesk requests, and oversee amenities efficiently, all through a unified dashboard. Key features include e-intercom for visitor authentication, child safety alerts, staff and clubhouse management, touchless resident identification, and infrastructure-free vehicle management. While enhancing convenience and operational efficiency, Mygate also integrates robust security measures to ensure a safe and seamless living experience for all residents.
Currently, mygate is trusted by over 1.2 million homes in 5,000+ gated communities across 13 major indian cities, including mumbai, delhi-ncr, bangalore, hyderabad, chennai and pune. Founded in 2016 by Vijay Arisetty (ex-IAF pilot, Shaurya Chakra Awardee), Abhishek Kumar (former VP, Goldman Sachs) and Shreyans Daga (former project head, Oracle and Digit), the company has raised $67.5 million across two funding rounds. It was also recognized as one of india’s 25 coolest start-ups by business today in 2019.