Mygate secured ₹225 crore from Dharana Capital in a transaction that blends primary capital with secondary share sales.
The investment pushes the proptech startup's valuation into the ₹2,100 to ₹2,300 crore range.
The company plans to scale its operations to serve 10 million homes, up from its current footprint of 5.7 million households across 27,000 communities.
Mygate achieved structural profitability in FY26 by successfully monetizing its built-in advertising platform and community ERP solutions.
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