AFFLUENSE

Mygate’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)

Legal Name: Vivish Technologies Private Limited | CIN: U72200KA2016PTC085219
MyGate Logo
Introduction

MyGate, founded in 2016 by Vijay Arisetty, Abhishek Kumar, Shreyans Daga, and Vivaik Bhardwaj, is India’s leading community and security management platform. Headquartered in Bengaluru, MyGate serves over 25,000 gated communities, providing security, conveni...

Company Snapshot & Financials FY24
Founding year2016
HeadquartersBengaluru, Karnataka, India
Valuation~$180M (2023)
Total Funding$91M
Annual Revenue₹130 Cr (FY24)
Annual Net Loss₹32 Cr (FY24)
EBITDA Margin-12%
Employees~900
Funding History
RoundDateAmountInvestors
Seed2017$2MPrime Venture Partners
Series A2018$10MTiger Global
Series B2019$56MTiger Global, Tencent
Series C2022$23MUrban Company, Acko
Revenue & Net Loss Trends
Revenue & Net Loss Chart
Expense Efficiency & Margins
Expense Efficiency Chart
Employee Trend & Insights
Employee Trend Chart
Strategic Growth, Plans & IPO
Latest News

MyGate recently launched advanced automation tools for societies and secured strategic alliances to drive wider adoption in tier-2 and tier-3 cities. The company also raised funding from Urban Company and Acko to strengthen its service offerings.

Overall Summary
MetricDetail
Revenue Growth▲ ₹130 Cr in FY24
Profitability▼ Net loss of ₹32 Cr
Funding▲ $91M raised
Efficiency▲ EBITDA margin improved to -12%
Valuation▲ $180M as of 2023
Conclusion

MyGate continues to dominate India’s gated community management space with a robust product suite and strong growth trajectory. While losses persist, ongoing improvements in operational efficiency and revenue growth signal a path towards profitability. As the platform scales services and deepens market penetration, MyGate is well-poised for long-term success.

Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.

Sources

This report is generated for informational purposes only and does not constitute investment advice.