Mygate Secures Rs.225 Cr To Fuel Footprint Expansion
India, June 10 -- Community management and security startup Mygate has raised Rs.225 Cr ($23.6 Mn) in a fresh funding round from Dharana Capital to expand its gated community footprint and strengthen its integrated platform.
In conversation with Inc42, cofounder and CEO Abhishek Kumar also shared the startup's plans to invest heavily in the product to make it more robust and user friendly. Some of the investments would be centred around enhancing the Mygate platform's capabilities by introducing features like household calendar of payments.
"We are looking to capitalise on our strength and expand MyGate rapidly from nearly 5.7 Mn homes to 10 Mn homes, by accelerating sign ups across communities in India," he added.
In line with the sca...
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