Why MyGate is not worried about competition from biggies; How Alibaba Cloud powered $1B of GMV in 68 seconds

YourStory gets ‘UpClose’ with Vijay Arisetty, Founder and CEO of MyGate, who talks about the influx of the top guns into the apartment security market and why that’s a positive sign for an early mover like MyGate.

21st Nov 2019
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Of all the ‘hungry-for-disruption’ segments where technology has made its presence felt in the last decade, the apartment security market might be the least glamorous.


But reports say that the residential security looks set to grow as an opportunity, poised to reach a whopping $74.7 billion in global market size by 2023.


Apartment security has undoubtedly sprouted newer opportunities and greater market potential with the influx of biggies like Reliance Industries (which has entered the segment with its apartment-management app JioGate), NoBroker, and Adda, to name a few.


YourStory gets ‘UpClose’ with Vijay Arisetty, Founder and CEO of MyGate, who talks about the influx of the top guns into the apartment security market and why that’s a positive sign for an early mover like MyGate.


MyGate

How Alibaba Cloud powered $1B of GMV in 68 seconds

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Alibaba Group CTO and President of Alibaba Cloud Intelligence Jeff Zhang.

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