Other Private Equity/Strategic Investments

Apartment complex mgmt app myGate raises Rs.100-Cr from Urban Company, Acko

Regulatory Filings  

Urban Company and Acko have invested INR 50 crore each in Bengaluru-based Vivish Technologies Pvt Ltd (which owns apartment complex management software service myGate) on Nov 14, 2022. The purchase constitutes 5.9% stake of the company and values the firm at INR 1,696 crore.

From the Venture Intelligence PE-VC Deal Database: Between Jun 2017 and Oct 2019, myGate raised over INR 480 crore from Horizons Ventures, Tencent, JS Capital, Tiger Global, Prime Venture Partners and Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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