Mygate raises Rs 225 Cr from Dharana to scale community platform to 10M homes
Mygate secured Rs 225 crore ($26M) from Dharana Capital to deepen its gated-community footprint beyond 27,000 societies and 5.7M households. FY25 revenue jumped 80% to Rs 173.5 Cr with losses narrowing 61% to Rs 15.4 Cr, sharpening its brand-engagement pitch to partners like Urban Company and Acko.
Mygate raised Rs 225 crore from Dharana Capital to expand its community management platform across gated communities, targeting 10 million homes. FY25 revenue grew 80% to Rs 173.5 crore with narrowed losses, enabling brand engagement reach.
Why this matters
Mygate's raise marks a return to growth capital after sharpening unit economics, with FY25 revenue up 80% and losses cut 61%, strengthening its pitch as a brand-engagement layer for partners like Urban Company and Acko.
Retail-company signals steady at 2,517 over the last 90 days.
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