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Mygate Secures $23.6M Series B Funding

Recently funded · $23.6M Series bTechnology, Information and MediaINView source

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Mygate, the comprehensive ERP platform that manages over 27,000 gated communities and serves 5 million residents across India, has secured $23.6M in Series B funding. The round was led by Dharana Capital.

Founded in 2016, Mygate began by addressing everyday community life problems and has since evolved into a 250+ feature suite. Beyond its core visitor management, the platform now offers robust finance and accounting modules, facility bookings, and communication tools, aiming to provide a full-stack solution for residential societies.

Community management and security startup Mygate has raised ₹225 Cr ($23.6 million) in a funding round from Dharana Capital. The investment will fuel its expansion to 10 million homes across India and enhance its integrated platform for gated communities.

Founded by Abhishek Kumar, Shreyans Daga, and Vijay Arisetty, Mygate provides an app-based system for security, visitor management, and community operations. The company aims to improve operational efficiency and resident services. More at: https://lnkd.in/eZbxBtFn #PropTech #Funding #Startups

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