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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The startup’s ad business has been doing well, and it has been focusing on keeping costs down and increasing subscription revenue.
Last week, MyGate filed its financial statements for 2022-23 along with its delayed financials for the previous two fiscal years. Much has been written about the apartment society management app but the filings finally give a clearer position of the company’s financial health. We gave it a read.
In the last three years, the company’s revenue has seen a steady rise but its losses have continued to increase as well.
The government wants to tax credit card transactions abroad but is missing a potentially bigger misuse of the instrument at home—fake rent payments.
Email warnings against rivals, cash handouts and offers of free painting services. The apartment security sector is becoming a circus.
The apartment security app has turned to ads for survival and its next fundraising pitch. So far, investors have stayed away and users are crying foul.
