myGate aims to secure 2 million homes

myGate aims to secure 2 million homes

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Bengaluru-based myGate, which offers mobile-based security solutions for gated enclaves, is aiming to provide its solutions to two million homes across the top 7 cities within next two years. The company has already raised $ 2.5 million in its first round of funding and expected to secure over 400 communities in Hyderabad by this fiscal end. The company is currently operating in Bangalore and Hyderabad and plans to expand into Delhi NCR, Mumbai, Pune in the coming months.

myGate is an Intelligent Security Management for Gated Premises which automates and digitizes manual tasks at the main gate(s). Apartments can deploy myGate in less than a week without any investment in hardware or any capital expenditure.

myGate’s solution comprises a mobile app for security guards and residents, with an option for voice calls for non-smartphone users. With this system, all visitor entries are logged in digitally, without the need to maintain a physical ledger, they said.

Apart from a visitor registry, myGate also offers other security capabilities such as automatic visitor authentication, kids’ safety alerts, staff attendance, vehicle parking management and tracking, resident identification, clubhouse access management among others. The entire myGate security solution costs will be between Rs 7,000 to 9,000 per month (one device) and every 250 flats+ needed two devices.