Mygate Expands Smart Home Product Line with New Smart Door Locks
Mygate's Expansion into Smart Home Products
MUMBAI: Mygate is foraying into the consumer devices segment with the launch of Mygate Locks, positioning itself against larger competitors like Godrej. These tech-driven smart door locks provide enhanced home security options for urban residents.
Innovative Home Security Solutions
The smart locks are accessible to consumers across India via the Mygate website, app, and Amazon. This entry into the consumer electronics market marks a significant leap for Mygate beyond its original software solutions. “Our approach is expanding from managing the gate to the entire community, and now, with smart locks, we’re getting inside the homes of residents,” said Abhishek Kumar, CEO & Co-founder at Mygate.
This venture into the consumer devices sector could potentially evolve into a ₹300 crore business in a few years. Following this launch, Mygate plans to introduce additional smart home products, including video doorbells and security cameras, enhancing the connectivity and automation experience for its users.
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