Who is Abhishek Kumar? Man who once worked as security guard, now owns business empire worth Rs 1090000000, his company is...
Abhishek Kumar, an IIT Kanpur graduate and former Goldman Sachs executive, put in 14-hour shifts as a security guard—not out of need—but to conduct thorough, first-hand research into the challenges of the security guards employed within gated communities so that he could grasp the complexities of their problems from the ground level. Abhishek's venture was all about the research, not the salary.
'In 2016, IIT grad & ex-Goldman exec Abhishek Kumar became a security guard working 14-hour shifts. That experience of understanding pain points led to his creating MyGate: now in 25,000+ communities, 100M+ check-ins/month,' the chairman of RPG Enterprises Harsh Goenka posted on X.
He added, 'Moral: To build for others, first walk in their shoes.'
MyGate was co-founded in 2016 by Abhishek Kumar, Vijay Arisetty, and Shreyans Daga. The app-based platform manages visitor access, security, maintenance, housekeeping, and other daily services in residential communities. As of today, MyGate serves over 4 million residents across over 25,000 housing societies in India, managing more than 100 million check-ins each month.
In 2022, the company raised ₹100 crore in a funding round co-led by Urban Company and Acko.
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