From IIT Grad to Security Guard: The Inspiring Story of MyGate’s Founder and its ₹1,600 Crore Valuation

In a remarkable display of dedication and entrepreneurial spirit, an IIT and IIM graduate took an unconventional path to building a successful business. He immersed himself in the daily life of a security guard to gain firsthand experience of the challenges faced in managing access and security in gated communities. This unique approach became the foundation for MyGate, a security management startup now valued at an impressive ₹1,600 crore.

The Genesis of MyGate: Understanding Ground Realities

Abhishek Kumar, the founder of MyGate, recognized a significant gap in the security systems of residential societies. Instead of relying on theoretical knowledge, he decided to experience the ground realities firsthand. By working as a security guard, he gained invaluable insights into the complexities of managing visitor access, tracking deliveries, and ensuring the safety of residents.

Turning Challenges into Opportunities

This immersive experience allowed Abhishek to identify the pain points and inefficiencies prevalent in traditional security methods. He realized the potential for technology to streamline these processes and enhance security measures. Armed with this understanding, he embarked on the journey of building MyGate, a platform that leverages technology to provide comprehensive security solutions for gated communities.