Vijay Arisetty, co-founder of MyGate, explains the logistics inefficiency observed while running his previous company, Purple Road, which inspired the creation of MyGate.
Opinion
Physical boom barriers are useless for high-volume Indian gated communities
“What happens when you force with this kind of boom barriers and not least solutions? So you'll put a boom barrier. Boom barriers globally are designed only for, you know, two and a half feet to, I'll not say two and a half feet, probably four feet to five feet…”
Prediction Open · timeframe Aug 2030
Households in Indian gated communities will double to 30 million
“And as of today, sixteen million households are hosted in these gated communities, and this number is going to go up to thirty million households.”
Insight
Indian gate management platforms must be asset-light, not hardware-heavy
“In India, if you have to build efficient gate management or efficient platforms anywhere, there is a lot of validation that needs to take place, right? You need to build, you know, asset-less you know, platforms.”
Prediction Open · timeframe Aug 2030
Indian gated communities will grow from 150,000 to 240,000 within eight years
“These gated communities today, which are 150,000 communities, are going to go up to 240,000 gated communities in the next, you know, five to eight years, right?”
Assertion Not checkable as stated
MyGate saw viral network effects only after crossing 10,000 homes
“And once we crossed 10,000 homes, right? That was close to 200 202 150 communities. Then we started seeing actually, you know, some signs of viral effects, right?”
Assertion Supported
MyGate has onboarded 25,000 gated communities and 4 million homes
“We have onboarded, you know, we have onboarded 25,000 gated communities, right? And we have built the operational scale and capability, right? And muscle to onboard one million. And this 25,000 gated communities host close to four million homes.”