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MyGate closes Rs 225 crore funding round from Dharana Capital, valuing the startup at Rs 2,000-2,200 crore. This round includes Rs 100 crore in fresh capital and a Rs 125 crore secondary share sale.
3one4 CapitalLightspeedEight RoadsTdk Ventures360 One AssetTencentTiger GlobalPrime Venture PartnersDharana Capital
Description
MyGate has secured Rs 225 crore in its latest funding round, led by Dharana Capital. This round consists of Rs 100 crore in fresh capital, while Rs 125 crore was raised through a secondary share sale from early investors like Prime Venture Partners. The new valuation of MyGate ranges between Rs 2,000 and 2,200 crore. The startup has raised approximately $84 million to date.
Company Information
Company
MyGate
About
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.