Mygate Expands Smart Home Product Line with New Smart Door Locks

Monday, 2 September 2024, 22:54

Smart door locks are the latest offering from Mygate, targeting urban residents and the consumer devices segment. With this launch, Mygate aims to enhance home security and compete against established brands. The introduction of these innovative locks reflects Mygate’s strategic shift towards smart home products, including future developments in video doorbells and security cameras.
Indiatimes
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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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