Founded in 2016 by Vijay Arisetty, Abhishek Kumar, and Shreyans Daga, MyGate is a Bangalore-based tech company that has redefined the way gated communities in India function. MyGate has grown to serve over 25,000 societies across 50+ cities and manage more than 3.5 million homes as of 2024, with a vision to enhance safety, efficiency, and engagement within residential complexes,
Comprehensive Security Solutions
The platform offers digital tools that address key needs for residents and Resident Welfare Associations (RWAs). Security is one of its strongest pillars. To guarantee a safe and secure environment, MyGate provides features like guard tracking, emergency alerts, real-time visitor management, and smart door lock integration. Transparency is increased and paper logbooks are no longer necessary when residents use their phones to approve or reject entry requests.
Beyond security, MyGate streamlines community management. Complaints and service requests are automatically assigned and tracked through its digital helpdesk. Amenity booking, notice boards, and polling features foster better communication and resource management within societies. RWAs can also efficiently manage expenses, invoices, and maintenance collections, reducing manual work and financial errors.
Financial Growth and Expansion
MyGate’s overall revenue in FY 2023–24 was over ₹110 crore, a 35% increase over the previous fiscal year. In the Q4 of FY 2023-24, the company achieved zero cash burn and reduced net losses by 82% to ₹39.8 crore. Increased engagement in gated communities, improved operational effectiveness, and greater revenue from in-app advertising and brand partnerships all contributed to this turnaround.
User Feedback
With a good 4.5 star rating on Google Play and a rating of 4.7 out of 5 on the App Store, MyGate continues to receive high praise from consumers on all platforms. Residents commend its extensive functionality, user-friendly interface, and enhanced usability for day-to-day living in gated communities. A comment was made by one user:
“MyGate application is designed for apartments and helps manage the residents’ day-to-day needs. This app will keep your apartment a safer and secure place.”
The software’s all-in-one approach to security, communication, and communal utilities makes it particularly popular with working professionals and the elderly. The overall impression is positive, despite the fact that some users find the in-app advertising intrusive. Positive feedback on MyGate is constantly received across all of the primary platforms.
Commitment to Data Privacy
Through ISO 27001 accreditation and GDPR compliance, MyGate has proven its commitment to user data protection. MyGate has developed into a state-of-the-art solution that meets the changing demands of city people. It improves people’s safety and connectedness by fusing technology, convenience, and security.
Also Read: Making India Inc. More Inclusive: A Step Towards Equitable Workplaces
