Acquiring Company
MyGate
Acquired Company
AdOnMo
HyderabadSoftwareAdvertisingArtificial IntelligenceSecurityMarketingAdvertisingMarketingDescription
Mygate and AdOnMo have announced a proposed merger, subject to customary conditions and statutory approvals. Eternal will swap its entire AdOnMo stake for about 4.4% of the merged Mygate entity, valued at ₹156 Cr. The deal is a share exchange rather than a cash payout, and the companies have not confirmed a timeline, though Eternal's disclosures indicate December 5. AdOnMo cofounders Sandeep Bommireddi and Sravanth Gajula will join Mygate's board.
Who to call at MyGate, and when
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Frequently asked
Who acquired AdOnMo?
AdOnMo was acquired by MyGate. The deal was reported on October 22, 2026. MyGate is a security and community management platform that aims to simplify urban living. It operates across three verticals: community management platform, advertisement platform, and home services. MyGate is privately held and operates in Software.
When did MyGate acquire AdOnMo?
MyGate's acquisition of AdOnMo was reported on October 22, 2026. Mygate and AdOnMo have announced a proposed merger, subject to customary conditions and statutory approvals. Eternal will swap its entire AdOnMo stake for about 4.4% of the merged Mygate entity, valued at ₹156 Cr. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AdOnMo do?
AdOnMo is an adtech startup founded in 2016 by Sandeep Bommireddi and Sravanth Gajula, providing outdoor advertising solutions with targeted, real-time advertisements on cloud-connected digital screens. It is privately held, operating in Advertising, and is based in Hyderabad.
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