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MyGate turns EBITDA positive, eyes ₹160 crore in FY25 revenue
short by / on Tuesday, 27 May, 2025
MyGate has become EBITDA positive in FY25, marking a strong financial turnaround after years of losses. The company expects revenue to reach ₹160 crore this year, driven by ads, smart home products, and cost control. Losses dropped 82% last year. With backing from Tiger Global and Tencent, MyGate now leads India’s gated community tech space, serving more than 25,000 societies.
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