MyGate raises Rs 225 Cr
Analysis based on 6 articles · First reported Jun 10, 2026 · Last updated Jun 10, 2026
The funding round for MyGate indicates strong investor confidence in the community management and residential security platform sector, particularly in India. This investment is expected to fuel MyGate's growth and technological advancements, potentially increasing competition and innovation in the real estate technology market. The positive financial performance of MyGate, including revenue growth and reduced losses, suggests a healthy outlook for the company and could attract further investment into similar ventures.
MyGate, a community management and residential security platform, has successfully raised Rs 225 crore (approximately $26 million) in a funding round led by Dharana Capital. This marks MyGate's first significant capital infusion in over three years. Dharana Capital acquired a 12-14% stake in MyGate through a combination of fresh capital and secondary share transactions. The newly raised funds will be strategically deployed to expand MyGate's presence in gated residential communities across India, strengthen its integrated platform, and accelerate investments in product development and technology. MyGate aims to expand its reach to 10 million homes in the coming years and also plans to explore international markets, including the Middle East. This funding follows a period of strong financial growth for MyGate, with operating revenue increasing by 80% to Rs 173.5 crore in FY25 and net losses significantly narrowing by 61% to Rs 15.4 crore. The company stated it would have been profitable in FY25 if not for employee stock ownership plan and stock-based compensation expenses.
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