Bangalore based Vivish Technologies Private Limited's MyGate launched an equity share buyback program before its series B funding round. At the end of this program, and the funding round the company's co-founder Vijay Arisetty held the highest individual stake of 15 percent.
MyGate started its operations in 2016 and made its presence felt across 11 Indian cities. The company claimed to have 1.2 million home customers and it handled over 60,000 requests per minute. Till date, the company had generated funding of around 67.3 million U.S. dollars.
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Tracxn Technologies. (June 21, 2021). Top shareholders of MyGate as of June 2021 [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/
Tracxn Technologies. "Top shareholders of MyGate as of June 2021." Chart. June 21, 2021. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/
Tracxn Technologies. (2021). Top shareholders of MyGate as of June 2021. Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/
Tracxn Technologies. "Top Shareholders of Mygate as of June 2021." Statista, Statista Inc., 21 Jun 2021, https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/
Tracxn Technologies, Top shareholders of MyGate as of June 2021 Statista, https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/ (last visited November 20, 2024)
Top shareholders of MyGate as of June 2021 [Graph], Tracxn Technologies, June 21, 2021. [Online]. Available: https://www.statista.com/statistics/1186148/mygate-shareholder-distribution/