Bangalore based Vivish Technologies Private Limited's MyGate app had an operational revenue of 711 million Indian rupees in fiscal year 2023. The operating revenue in that year increased around 77 percent from that of previous year. The company raised 56 million U.S. dollars in the series B funding round held in 2019. Tiger Global Management, Prime Venture Partners, Tencent Holdings, and JS Capitals funded its series B round.
MyGate started its operations in 2016 and has made its presence felt across Indian cities. MyGate provides security and community management in gated communities, and has a presence in more than 100 cities in India. Its revenue comes from subscription fees from resident welfare associations and others, as well as revenue from brands that advertise on the MyGate app.
Operating revenue of MyGate from financial year 2018 to 2023
(in million Indian rupees)
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MyGate. (August 30, 2023). Operating revenue of MyGate from financial year 2018 to 2023 (in million Indian rupees) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1186061/mygate-operating-revenue/
MyGate. "Operating revenue of MyGate from financial year 2018 to 2023 (in million Indian rupees)." Chart. August 30, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1186061/mygate-operating-revenue/
MyGate. (2023). Operating revenue of MyGate from financial year 2018 to 2023 (in million Indian rupees). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1186061/mygate-operating-revenue/
MyGate. "Operating Revenue of Mygate from Financial Year 2018 to 2023 (in Million Indian Rupees)." Statista, Statista Inc., 30 Aug 2023, https://www.statista.com/statistics/1186061/mygate-operating-revenue/
MyGate, Operating revenue of MyGate from financial year 2018 to 2023 (in million Indian rupees) Statista, https://www.statista.com/statistics/1186061/mygate-operating-revenue/ (last visited November 22, 2024)
Operating revenue of MyGate from financial year 2018 to 2023 (in million Indian rupees) [Graph], MyGate, August 30, 2023. [Online]. Available: https://www.statista.com/statistics/1186061/mygate-operating-revenue/
