MyGate founder Vijay Arisetty commences asset security startup Aurm
Founder of MyGate, Vijay Arisetty, who is a former military pilot, has become the founder and CEO of Aurm, an asset security company that offers safe deposit locker services.
After creating the mobile app MyGate,Vijay Arisetty was highly acclaimed, as the app became India's largest gated community app, which serves over four million residents in more than 25,000 communities.
He served for ten years in Indian Air force, where he got recognition of prestigious Shaurya Chakra for rescuing over 300 tsunami victims in the Andaman & Nicobar Islands. He holds MBA from the Indian School of Business (ISB) and has previously worked as a Vice President at Goldman Sachs. The co-founders of the company are Ganesh Balakrishnan, Suraj HS, and Pratap Chandana.
The startup Aurm joins hands with banks and property developers to offer clients secure and technologically advanced safe-deposit vaults. The startup is actively contributing in India’s safety deposit vault supply, particularly for the country’s wealthy metropolitan residents.
Explaining about the goal of Aurm, Arisetty exclaimed, “Aurm is addressing a major gap in the availability of safety deposit lockers in India, especially for the urban affluent individuals and households. Our aim is to provide state-of-the-art safety deposit boxes enabled with the latest technology that are accessible and provide a secure solution to this problem.”
The vaults of the company are equipped with advanced security measures, including active surveillance, intrusion detection systems, and military-grade security infrastructure. The company's culture is deeply influenced by the values of security and defence, which is evident from the discipline, attention to detail, and process orientation that veterans bring to the team.
Arisetty highlighted saying, “I realized that 90% of urban affluent Indians don’t have access to a locker. In addition, the existing infrastructure needs an upgrade to keep up with evolving methods of theft and armed robbery.”
The startup aims to drive the safety and security industry of the country by combining high-end security, privacy, and insurance coverage of up to 
25 lakh.
25 lakh.
